Alfa Romeo Is Not For Sale — Fiat Boss Confirms That These Are Only Rumours

Reports | Dean | December 15, 2009 at 19:50

Fiat’s Chairman, Luca di Montezemolo has said that Alfa Romeo is not for sale, “under any circumstances.” These words come after reports and rumours suggested that the company might sell to Volkswagen AG.

“We will present the new Alfa that substitutes the 147 and we think there are also very important opportunities for Alfa Romeo in the United States,” Montezemolo told Reuters.

Sanford Bernstein analysts said on Dec. 10 that “Alfa may not be expensive and its cars would fit on VW’s platforms.”

Volkswagen on the other hand, are simply on a buying spree. They want everything and they are busy obtaining the Porsche brand… As we speak!