Alfa Romeo lost money last year and will lose money again this year before it gets the benefit of its new models, the Giulia sedan and Stelvio SUV, Marchionne told analysts on Jan. 26 after FCA presented its fourth-quarter earnings.
The Alfa Romeo Giulia is here to try and shake up the premium/sports sedan market with prices starting from $59,895.
Arriving in dealerships now, Alfa Romeo is offering the Giulia in Australia in four model grades – Giulia, Super, Veloce and Quadrifoglio (or QV).
Moving up to the Veloce gets you a more potent 2.0-litre turbo-petrol. It produces an impressive 206kW and 400Nm, propelling it from 0-100km/h in 5.7 seconds. Fuel consumption is rated at 6.1L/100km, which is pretty good considering the performance.
As with its chief German competitors, expect the Giulia Sprint to command a price premium over its four-door donor vehicle, which undercuts the BMW 320i auto by more than $2000 at base level ($59,895 plus on-road costs), but costs $4285 more than the BMW M3 in QV sports sedan guise ($143,900 plus ORCs).