Fiat Chrysler announces new plant, producing 200,000 engines per year.
With the soul and body of an Alfa, the corporate back of Fiat Chrysler Automobiles and the heart of a Ferrari, the future of the small, exotic Italian automaker Alfa Romeo looks increasingly bright. As part of the brand's pre-launch and keeping with its promise of building 400,000 cars per year, Fiat Chrysler chairman Sergio Marchionne announced on Wednesday that the corporation would invest upwards of 500 million euros in a plant designed to build two new engines for future Alfa models.
With eight new models designated to hit the market by 2018, Alfa will be rolling out two new engines for its upcoming cars. The first a Ferrari-sourced six-cylinder engine developed specifically for Alfa's new models. The second engine, also to be built at the Termoli plant in Italy, will be a high-output four-cylinder engine. Both, Marchionne said, were developed specifically for Alfa's plethora of upcoming models. The company was skimpy on specifics regarding the engine, nor did it specify how many of the cars would benefit from the Ferrari-derived engine. But with Alfa's reentry into the US market just last year, this means your next Alfa might just have quite a lot of Ferrari in it.