Even more delays are ahead.
Alfa Romeo has to be one of the most infuriating automakers in the world. After revealing some incredible cars like the Alfa Romeo Giulia Quadrifoglia, the automaker then comes out and states that its vehicles will be delayed for various reasons. The news keeps getting worse from Alfa Romeo as the brand has yet again delayed its vehicles by at least another two years to 2020. A new investor relations document reveals that Alfa Romeo won’t debut its new lineup any time soon.
In a recent presentation, FCA made it clear that its new product lineup will be completed by mid 2020. “Commitment to the overall brand and product strategy remains in place,” stated FCA. But “R&D, manufacturing and production investment [will be] reduced through 2018” and the “planned product line-up will now be completed by mid-2020.” The previous plan was to release eight new Alfa Romeos by 2018, but it looks like that’s not going to be the case anymore. The new product strategy also reveals that only one hatchback will be made and a second utility vehicle. The new plan is due to China’s economic slowdown and a shift in capital expenditures to Jeep.