Volkswagen Interested In Buying Alfa Romeo

It seems like Volkswagen are interested in purchasing brands which aren’t doing too hot. And the latest report says that VW are trying to buy the Alfa Romeo brand from Fiat. With the addition of Alfa, VW would own nine different brands, namely: Audi, Bentley, Bugatti, Lamborghini, Porsche, Seat, Skoda and VW itself.

Alfa Romeo is a sporty brand and their vehicles would offer a lot of help to VW’s plans for market control. However, the only problem is that Fiat are not at all interested in selling the brand.

“We have no intention at all of selling the brand to VW.” said Fiat.

Fiat’s plan for Alfa includes hurting Audi, and VW might see a definite threat in this.

At the moment, Alfa Romeo is currently losing money year after year.

[via:carscoop]

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