Stellantis CEO Rejects Offers to Sell Alfa Romeo, Plans for Future Models

Carlos Tavares Values Alfa Romeo

Carlos Tavares, the head of Stellantis, has firmly stated that he turned down offers to sell Alfa Romeo to other companies, emphasizing that the brand is considered “the greatest jewel” within the group.

New Generation Models on the Horizon

Stellantis has confirmed plans to invest over €5 billion ($5.4 billion) in Italy, with the launch of a new generation Stelvio SUV in 2025 and the Giulia sedan in 2026.

Commitment to Brand Portfolio

Tavares expressed his commitment to maintaining the diverse portfolio of brands under Stellantis, including Alfa Romeo, despite internal and external pressures to reduce the number of brands.

Future Investments in Italy

Contrary to rumors, Stellantis will continue its presence in Italy with significant investments, including the construction of a battery gigafactory and the production of 15 new models locally.

Expansion of Fiat Panda Production

The production of the ICE-powered Fiat Panda at the Pomigliano d’Arco plant has been extended until 2030, showcasing a longer production timeline than initially announced.

Upcoming Models: Stelvio and Giulia

The new generation Stelvio SUV is set to debut in 2025, followed by the Giulia sedan in 2026, both utilizing the STLA Large architecture shared with the new Dodge Charger Daytona.

Global Market Expansion

Alfa Romeo CEO, Jean-Philippe Imparato, outlined plans for global expansion, with the Milano subcompact SUV set to be available in 28 countries by the end of 2024 and more markets in 2025.

Imparato emphasized Alfa Romeo’s unique position in offering a wide range of vehicles, from high-end supercars to more affordable models, with plans for further market penetration worldwide.