Volkswagen AG Chairman Ferdinand Piech said Europe's largest carmaker could nearly quadruple the annual sales of Alfa Romeo, if current owner Fiat SpA (FIA.MI) sold the underperforming brand.
Within five years, the German company could bring sales of the Italian premium brand to nearly 400,000 cars, Piech said late on Monday at the premiere of VW models at the Geneva auto show this week.
So far though, Fiat Chief Executive Sergio Marchionne has refused to sell a brand he hopes to bring back to its former glory in the days before Fiat bought Alfa in 1986. 2011 Geneva Motor Show Photo Gallery Lamborghini Showcase Photo Gallery Audi Lightweight Tech Showcase Photo Gallery 2011 Geneva Motor Show Preview Photo Gallery 2012 Mercedes-Benz C-Class Coupe Photo Gallery AutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on Facebook
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