by Christopher Freeburn | February 15, 2013 12:05 pm
After a break of almost two decades, Italy’s Alfa Romeo will resume selling cars in the U.S. later this year.
The high-end sports car maker withdrew from the U.S. in 1995 after its American sales sputtered. But, by the end of this year, it will try to make a comeback with the Alfa Romeo 4C, a sleek new supercar with carbon fiber chassis and high-powered engine, NBCNews notes.
Priced somewhere between $75,000 and $100,000, the Alfa Romeo 4C is aimed at a limited market. If it meets expectations, Alfa Romeo plans to introduce three new models to the U.S., competing with rival luxury car makers like BMW and Volkswagen‘s (PINK:VLKAY) Audi.
Unveiled to the media last year, the 4C has suffered a number of delays, including a recently announced setback due to issues regarding its powertrain.
The return of Alfa Romeo comes after its parent, Fiat (PINK:FIATY) continues to see growing sales from its American subsidiary, Chrysler.
Source URL: http://investorplace.com/2013/02/alfa-romeo-returns-to-america-with-flashy-supercar/
Short URL: http://invstplc.com/1fw2Rbq
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.