Alfa Romeo’s new rear-wheel and all-wheel-drive architecture is rumored to be called Giorgio.
Parent company Fiat-Chrysler plans to release full details on the automaker’s new strategy in its first-quarter results in May. It will be Alfa Romeo’s fourth revival plan since 2004. Alfa Romeo’s relaunch will play a pivotal role in returning Fiat’s automotive division to profitability in Europe by 2016.
The brand was supposed to make a return to the U.S. this year, but has since been postponed to 2015. The new architecture is being developed by a small team of engineers based in Maserati’s headquarters and is headed by Philippe Krief, who reports to Harald Wester, Fiat-Chrysler chief technical officer and CEO of Alfa Romeo and Maserati.
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[Source: Automotive News]
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