Buyers of the Veloce have a choice between high output versions of the company's 2.0-litre turbocharged petrol and 2.2-litre turbo-diesel engines.
The new-to-Europe performance version of the 2.0-litre petrol engine generates 206kW of power at 5250rpm, and 400Nm of torque at 2250rpm.
For diesel fans, the new more powerful variant of the 2.2-litre turbo-diesel makes 154kW of power at 3500rpm, and 470Nm of torque at 1750rpm.
Both engines are fitted with a standard eight-speed automatic transmission, and the brand's Q4 all-wheel drive system. Alfa Romeo says that under normal driving conditions, the Q4 setup is 100 per cent rear-wheel drive, but, if required by the circumstances, the system can transfer up to 60 per cent of the torque to the front axle.
Standard features on the Giulia Veloce include redesigned bumpers, piano black door trim, new rear diffuser element, sport seats and steering wheel, xenon headlights, and aluminium interior trim pieces. The five-hole 19-inch alloy wheels seen here are an optional extra.
With these more powerful engine choices, the Veloce bridges the gap between the lower end of the Giulia range with the high performance Quadrifoglio, which boasts a 375kW/600Nm 2.9-litre turbo Ferrari V6 engine.
Also announced today, and available from early 2017 in Europe, is the new Giulia Advanced Efficiency (pictured below).
Available in the entry level and Super trim levels, the Advanced Efficiency is fitted the company's 132kW 2.2-litre turbo-diesel and an eight-speed automatic.
Thanks to revised transmission ratios, tweaked engine internals, and 205/60 low rolling resistance tyres with unique alloy wheels, fuel economy has been improved to 4.2L/100km.
The new Alfa Romeo Giulia range is set to go on sale in Australia from early 2017, but we're waiting to hear back from Fiat's local arm about whether these new Giulia variants are scheduled to come down under.