Alfa Romeo’s dramatic relaunch has been scaled back and delayed, Fiat Chrysler Automobiles (FCA) has revealed.
In a presentation today to investors, FCA delivered an update on Alfa’s relaunch as a maker of lightweight, high-tech and sporty rear-wheel-drive driver’s cars built in Italy and powered by bespoke engines, which was announced to much fanfare in May 2014.
The first of these, the Giulia, was revealed last summer and will be on sale in the UK in September. It was due to be followed by seven more before 2018 as part of a €5 billion (£3.8bn) investment by FCA.
FCA said the “commitment to the overall brand and product strategy remains in place”, but “R&D, manufacturing and product investment [will be] reduced through 2018” and the “planned product line-up will now be completed by mid-2020”.
The previous plan had said all eight new Alfas would be on sale by 2018. There will still be seven Alfas after the Giulia, and a slide in the investor presentation also hinted at the identities of the new models that will be on sale by 2020.