Industry journal Automotive News reports unnamed sources privy to private discussions between the two brands have revealed models that will form part of Alfa Romeo’s future portfolio will be powered by versions of the Ferrari-developed V6 engines used by fellow Fiat-owned marque Maserati.
According to the inside sources, under the still-to-be-finalised plan the engines would likely be produced at two sites in southern Italy and find their way into the new Alfa Romeo Giulia.
Said to be assembled at Fiat's Cassino factory near Rome ahead of a 2017 debut, the long-awaited Giulia mid-size sedan will revive a nameplate first used in the 1960s and act as an overdue replacement for the 159 that ended production in 2011.
Seen by many as a last attempt to revitalise the struggling Italian marque, the plan is said to also include selling Alfa Romeo models through 1700 Jeep dealers outside North America and having Chrysler vehicles share the new models’ underpinnings.
Following the official formation of Fiat Chrysler Automobiles (FCA) in January, the latest reports come in the wake of recent rumours suggesting Alfa Romeo aims to increase its sales fivefold by 2018, backed by the release of seven new models including the 4C Spider, another convertible, the BMW 5 Series-rivalling Alfetta sedan and two SUVs.
Already signalling a shift in the company's fortunes, the brand’s relaunch effectively started when the Alfa Romeo 4C – due locally later this year – went on sale in Europe last year.
As has previously been reported, the transition towards rear- and all-wheel-drive future models looks set to spell the end of Alfa’s current crop of front-wheel-drive offerings, the MiTo and Giulietta hatchbacks.