89-401: The Alfa Romeo G1 (1921–23) was an Italian automobile. It was the first all-new design from Alfa Romeo after the end of the A.L.F.A. brand. The car was designed by A.L.F.A. pioneer Giuseppe Merosi as the factory's new luxury vehicle while he simultaneously revised the prewar 24HP racing car into the 20/30ES model. At this time, he was engaged in a legal dispute with Nicola Romeo regarding
178-500: A 75% share to Russian Railways (RZD) for €800m, but retains Gefco as the main logistics provider. Motaquip is an all-makes aftermarket parts company and was established in the UK by PSA Peugeot Citroën in 1981. In December 2014 Motaquip was sold to an outside company to become independent of PSA as "Motaquip Limited". The head office is now based in Nuneaton, UK, with all parts distributed from
267-552: A French car due to perceived reliability issues. He also announced that the Opel and Vauxhall brands would be elevated to new heights within Groupe PSA, including the sale of Opel and Vauxhall-branded vehicles outside Europe for the first time in many decades. On 17 February 2017, PSA announced its bid to acquire PROTON Holdings , which owns the Proton and Lotus brands, but lost out to Geely
356-564: A bid to acquire the entirety of Alfa Romeo and offer job guarantees to Italian workers, an offer that Ford was unwilling to match. It also did not hurt any of the parties involved that an acquisition by Fiat would keep Alfa Romeo in Italian hands. In 1986, the deal was concluded with Alfa Romeo merged with traditional rival Lancia into Fiat's Alfa Lancia Industriale S.p.A. Already in 1981, Alfa Romeo's then-President Ettore Massacesi had stated that Alfa would never use Fiat engines—the engines being, to
445-529: A binding $ 50 billion merger, expected to be implemented in the next 12 months. The new group is incorporated in the Netherlands and has John Elkann as Chairman of the Board and Carlos Tavares as CEO. On 15 July 2020, the two companies announced that the merged entity will be named Stellantis , from the "Latin verb 'stello' meaning 'to brighten with stars.'" On 4 January 2021, both shareholders of PSA and FCA approved
534-581: A company called Fabral ( Fábrica Brasileira de Automóveis Alfa , "the Brazilian Alfa automobile factory") to build the Alfa Romeo 2000 there. After having received government approval, Matarazzo pulled out under pressure from Brazil's President Juscelino Kubitschek with the state-owned FNM company instead commenced building the car as the "FNM 2000" there in 1960. During the 1960s, Alfa Romeo concentrated on motorsports using production-based cars, including
623-399: A few months later. In May 2019 Fiat Chrysler Automobiles (FCA) announced its intention to seek a merger with Groupe Renault . However, in early June merger talks were suspended, and never resumed. On 31 October 2019, Groupe PSA announced intent to merge with FCA. The merger would be on a 50-50 all stock basis. On 18 December 2019, FCA and PSA announced that they had agreed to the terms of
712-523: A full year loss for 2008. Streiff was replaced by Corus Group chief executive Philippe Varin. Carlos Tavares became CEO in 2014. PSA was actively committed to developing its market presence and sales in many fast growing developing countries and regions of the world. This led to huge investments and partnerships in South America, Iran ( Iran Khodro ) and China (Dongfeng Peugeot-Citroën Automobile). It announced plans to invest €650 million in
801-440: A holding of 7%. The alliance was intended to enable $ 2 billion per year of cost savings through platform sharing, common purchasing and other economies of scale. In July 2012, a union official said that PSA Peugeot Citroën would cut as much as 10 percent (8,000-10,000) of its French workforce of 100,356 employees on permanent and temporary contract. The jobs cut was more than previously announced. On 24 October, PSA said it
890-541: A large extent, Alfa Romeo's identity—but would be happy to cooperate fully with everything else. Models produced from the 1990 onwards combined Alfa's traditional virtues of avant-garde styling and sporting panache with the economic benefits of product rationalisation, and include a "GTA" version of the 147 hatchback, the Giugiaro -designed Brera , and a high-performance exotic called the 8C Competizione (named after one of Alfa's most successful prewar sports and racing cars,
979-781: A manufacturing plant in Sanand , India . With a capacity of 170,000 vehicles, the Sanand plant started production of the aaa in 2020. In Kazakhstan , assembly of the Peugeot passenger cars will start in June 2013 with a production capacity of 4,000 units per year at the beginning and more than 10,000 units in the near future. A PSA plant was opened in 2018 in Tunisia and in 2019 in Kenitra in Morocco. Citroën will enter
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#17328526654161068-474: A plastic radiator header tank. It had also the lowest drag coefficient (Cd) in its class The same trend continued with the Alfetta 2000 and GTV, which had quirks such as 50:50 weight distribution , standard fit alloy wheels and transaxle . Newer innovations include complete CAD design process used in designing the Alfa Romeo 164 and an automated/paddle-shift transmission called Selespeed used in
1157-401: A pre-war voiturette, and Giuseppe Farina won the first Formula One World Championship in 1950 in the 158. Juan Manuel Fangio secured Alfa's second consecutive championship in 1951. In 1952, Alfa Romeo experimented with its first front-wheel-drive compact car, "Project 13–61". It had the same transverse-mounted, forward-motor layout as the modern front-wheel-drive automobile. Alfa Romeo made
1246-624: A range of mopeds and scooters. In 2014, Mahindra & Mahindra acquired a 51% stake in the company, and in 2019, PSA sold its remaining stake. The company owned 50% of the Chinese Jinan Qingqi Peugeot Motocycles joint venture, which became a wholly owned subsidiary of China South Industries Group in 2013. Citer is a French-based car rental company established by Citroën in 1968. It was sold to Enterprise Holdings in 2011. Sevel ( Société Européenne de Véhicules Légers SA and Società Europea Veicoli Leggeri-Sevel S.p.A. )
1335-556: A second attempt in the late 1950s based on Project 13–61. It was to be called Tipo 103 and resembled the smaller version of its popular Alfa Romeo Giulia. However, due to the financial difficulties in post-war Italy, the Tipo 103 never saw production. Had Alfa Romeo produced it, it would have preceded the Mini as the first "modern" front-wheel-drive compact car. In the mid-1950s, Alfa Romeo entered into an agreement with Brazil 's Matarazzo Group to create
1424-464: A sporty image to the marque. Enzo Ferrari founded the Scuderia Ferrari racing team in 1929 as an Alfa Romeo racing team, before forming his namesake luxury sports car maker in 1939. Ferrari has had the most wins of any marque in the world. The company's name is a combination of the original name, "A.L.F.A." ("Anonima Lombarda Fabbrica Automobili" - “Anonymous Lombardy Automobile Factory”), and
1513-443: A standard chassis and whether the resulting vehicles would be palatable to the public. Alfa 1900 Sprint were the basis of the B.A.T. 5, 7 and 9. The later B.A.T. 11 was based on the 8C Competizione. The Tipo 33 racing car, with its high-revving 2000 cc V8 engine became the basis for a number of different concept cars during the 1960s and 1970s, two of which ultimately resulted in production vehicles. Most made their appearances at
1602-488: A total of 150,722 vehicles at the company's three factories. On January 16, 2021, the operations of Fiat Chrysler Automobiles and Groupe PSA were merged to form Stellantis and the company was renamed Stellantis Italy. In spite of falling sales, Alfa Romeo CEO Jean-Philippe Imparato announced in 2021 that a new model would be launched every year between 2022 and 2026, starting with the much-delayed Tonale , with full electrification of new models from 2027. Alfa Romeo
1691-517: A total of about 112,000 units, which was significantly lower than Fiat CEO Marchionne's global sales target of 300,000. The company set about to achieve a sales target of 170,000 units in 2011, including 100,000 Giulietta and 60,000 MiTo models, but it actually sold 130,000 units that year. Its medium-term target was 500,000 units by 2014 including 85,000 from the North American market. In 2017 Alfa Romeo increased production by 62 percent, building
1780-461: A warehouse in Luton, UK. PSA wholly owns Banque PSA Finance which provides financial services, and 98.67% of GIE PSA Tresorerie which was founded in 1990 as a treasury and cash management services division. A number of marques were inherited following the acquisition of Chrysler Europe in 1978, and some were merged to re-establish Talbot , a previously dormant marque. Chrysler Europe marques included
1869-646: Is also the oldest surviving Alfa Romeo-branded car. Alfa Romeo Alfa Romeo Automobiles S.p.A. ( Italian: [ˈalfa roˈmɛːo] ) is an Italian luxury carmaker known for its sports-oriented vehicles, strong auto racing heritage, and iconic design. Headquartered in Turin, Italy , it is a subsidiary of Stellantis Europe and one of 14 brands of multinational automotive company Stellantis . Founded on 24 June 1910 in Milan , Italy as A.L.F.A. —an acronym for Anonima Lombarda Fabbrica Automobili —the company
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#17328526654161958-553: Is the fourth largest automaker by sales behind Toyota , Volkswagen Group , and Hyundai Motor Group . Peugeot was the largest PSA brand. PSA was listed on the Euronext Paris stock exchange and was a constituent of the CAC 40 index. Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car companies. PSA announced plans to enter
2047-680: The 156 ; the 156 was also the world's first passenger car to use Common rail diesel engine. The Multiair -an electro-hydraulic variable valve actuation technology used in MiTo was introduced in 2009. In 2016, the Alfa Romeo Giulia came with electrical brakes. Many famous automotive design houses in Italy have accepted commissions to produce concepts and production vehicle shapes for Alfa Romeo. These include: Construction techniques used by Alfa Romeo has been imitated by other carmakers, and in this way,
2136-550: The 40–60 HP . A.L.F.A. ventured into motor racing , with drivers Franchini and Ronzoni competing in the 1911 Targa Florio with two 24-hp models. In 1914, an advanced Grand Prix car was designed and built, the GP1914 , with a four-cylinder engine, double overhead camshafts, four valves per cylinder, and twin ignition. However, the onset of the First World War halted automobile production at A.L.F.A. for three years. In August 1915,
2225-789: The 8C of the 1930s). In 2005, Maserati was bought back from Ferrari and was now under Fiat's full control. The Fiat Group then created a sports and luxury division from Maserati and Alfa Romeo. There is a planned strategic relationship between these two; engines, platforms and possibly dealers are shared. In the beginning of 2007, Fiat Auto S.p.A. was reorganized and four new automobile companies were created; Fiat Automobiles S.p.A., Alfa Romeo Automobiles S.p.A., Lancia Automobiles S.p.A. and Fiat Light Commercial Vehicles S.p.A. These companies were fully owned by Fiat Group Automobiles S.p.A. (from 2007 FCA Italy S.p.A.). On 24 June 2010, Alfa Romeo celebrated 100 years from its foundation. Alfa Romeo has been suffering from falling sales. In 2010, it sold
2314-487: The Alfa Romeo 6C 2500 with "Ala spessa" body in 1940 Mille Miglia . The engine had six electrically operated injectors, fed by a semi-high pressure circulating fuel pump system. 1969 models for the North American market had SPICA (Società Pompe Iniezione Cassani & Affini, a subsidiary of Alfa Romeo) mechanical fuel injection . According to Alfa Romeo, the engine's power output and performance were unchanged from
2403-669: The Alfa Romeo overhead Twin Cam four-cylinder engine, initially displacing 1300 cc. This engine would eventually be enlarged to 2000 cc and would remain in production until 1995. When I see an Alfa Romeo go by, I tip my hat. Once motorsports resumed after the Second World War, Alfa Romeo proved to be the car to beat in Grand Prix events. The introduction of the new formula ( Formula One ) for single seat racing cars provided an ideal setting for Alfa Romeo's Tipo 158 Alfetta , adapted from
2492-722: The Fiat Ducato , Peugeot Boxer, and Citroën Jumper. The joint venture with the Chinese company Dongfeng Motor Corporation (later Dongfeng Motor Group ) was established in 1992 and produces the Citroën C-Triomphe , 207, 307 and 408 models at factories in Wuhan and Xiangyang . The Kaluga factory was built by the Russian-based joint venture between PSA Peugeot Citroën (70%) and Mitsubishi Motors (30%) established in 2011. The site builds
2581-595: The GTA (standing for Gran Turismo Allegerita), an aluminium-bodied version of the Bertone -designed coupe with a powerful twin-plug engine. Among other victories, the GTA won the inaugural Sports Car Club of America 's Trans-Am championship in 1966. In the 1970s, Alfa Romeo concentrated on prototype sports car racing with the Tipo 33 , with early victories in 1971. Eventually the Tipo 33TT12 gained
2670-562: The Giulietta series of family cars and developed the Alfa Romeo Twin Cam engine , which would remain in production until 1994. Alfa Romeo became known for producing mass-market vehicles that nonetheless blended the aesthetics and performance of sport and luxury marques. Despite its strong brand image and relatively sizeable share of the high-performance auto market in Europe, by the 1970s,
2759-595: The Hindustan Motors to sell Peugeot, Citroën, and DS vehicles in India and purchase of the Ambassador brand from Hindustan Motors at the cost of ₹ 80 Crore (€11 million). On 14 February 2017 PSA announced that it was in talks to acquire Opel and Vauxhall Motors from General Motors . The talks were in an advanced stage, but were a surprise to the press and to much of Opel's leadership as they had plans to transform
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2848-533: The Indian , American , Canadian , South East Asian , and other markets in the coming years. Headquartered in Rueil-Malmaison , PSA, with sales of 3.88 million units in 2018, was the third-largest Europe-based automaker, distantly trailing industry leader Volkswagen's 10.8 million and just a fraction behind Renault . In 2019, Groupe PSA was the ninth largest automaker in the world, after Volkswagen, Toyota,
2937-512: The King of Italy , the two words were separated by two figure-eight knots —named Savoy knots in Italian, and symbols of the then-reigning House of Savoy . Originally solid brass, the lettering was changed to white enamel in 1913. In 1918, after the company had been bought by Nicola Romeo , the wording "ALFA" was replaced with "ALFA-ROMEO". In 1925, to commemorate the victory of the Alfa Romeo P2 in
3026-740: The Mitsubishi Outlander , Pajero Sport , and the Peugeot 308 and Citroën C4 . From 2018, the Peugeot Expert and Citroën Jumpy are built on site. The joint venture with Iran Khodro was established in 2016 and produces some Peugeot models and imports other models in CBU for Iran market. IKAP is a 50–50 joint venture with the Iran Khodro, based in Tehran . In 2020, PSA Aftermarket, the post-sales division of
3115-586: The Renault–Nissan–Mitsubishi Alliance , General Motors , Hyundai Motor Group , Ford Motor Company , Honda , and Fiat Chrysler Automobiles . In December 1974, Peugeot S.A. acquired a 38.2% share of Citroën. On 9 April 1976 they increased their stake of the then bankrupt company to 89.95%, thus creating the PSA Group (where PSA is short for Peugeot Société Anonyme ), becoming PSA Peugeot Citroën. Since Citroën had two successful new designs in
3204-507: The Second World War . In 1928, Nicola Romeo left, and in 1933 Alfa Romeo was rescued by the government, which then had effective control. Alfa Romeo became an instrument of Mussolini's Italy, a national emblem. During this period, it built bespoke vehicles for the wealthy, with bodies normally by Carrozzeria Touring or Pininfarina . This era peaked with the Alfa Romeo 2900B Type 35 racers. The Alfa factory (converted during wartime to
3293-557: The World Championship for Makes for Alfa Romeo in 1975 and the Tipo 33SC12 won the World Championship for Sports Cars in 1977. As Alfa Romeo was a state-controlled company, they were often subject to political pressure. To help industrialize Italy's underdeveloped south , Alfa Romeo's new compact car was to be built at a new factory at Pomigliano d'Arco in Campania . Even the car's name, Alfa Sud (Alfa South), reflected where it
3382-509: The 1.6 Prince engine . PSA also sells their engines, gearboxes and other parts to small independent manufacturers such as De La Chapelle and PGO . This PSA Peugeot Citroën 1.6-litre turbo petrol engine has received the International Engine of the Year awards a total of eight times, from 2007 to 2014. Process Conception Ingénierie (PCI) is a French-based manufacturer of machine-tools for
3471-594: The 40–60 HP and the RL Targa Florio ). In 1923, Vittorio Jano was lured from Fiat , partly due to the persuasion of a young Alfa racing driver named Enzo Ferrari, to replace Merosi as chief designer at Alfa Romeo. The first Alfa Romeo under Jano was the P2 Grand Prix car , which won Alfa Romeo the inaugural world championship for Grand Prix cars in 1925. For road cars, Jano developed a series of small-to-medium-displacement 4-, 6-, and 8-cylinder inline engines based on
3560-452: The 4C, Giulia and Stelvio. Alfa Romeo has introduced many technological innovations over the years, and the company has often been among the first users of new technologies. Its trademark double overhead cam engine was used for the first time in the 1914 Grand Prix car, the first road car with such an engine, the 6C 1500 Sport , appeared in 1928. Alfa Romeo tested one of the first electronic fuel injection systems ( Caproni -Fuscaldo) in
3649-477: The Alfa Romeo body designs have often been very influential. The following is a list of innovations, and where appropriate, examples of imitation by other car manufacturers: Several concept cars have been made by Alfa Romeo: The Berlina Aerodinamica Tecnica prototype cars were designed by Bertone as an exercise in determining whether streamlining and wind-tunnel driven designs would result in high performance on
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3738-523: The Auto Salon Genève. Here is a brief list: In general, concept cars for Alfa Romeo have generally become production vehicles, after some modification to make them suitable for manufacture, and to provide driver and passenger safety. The Zagato SZ, GTV, and Spider, Brera, and 159 are all good examples of Alfa Romeo's stylistic commitment in this direction. Alfa Romeo's logo incorporates two heraldic devices traditionally associated with its birthplace,
3827-639: The British Sunbeam (1901–1976), Humber (1868-1976), Singer (1905–1970), Commer (1905–1979), Hillman (1907–1976), Karrier (1908–1977), the French Simca (1934–1977) and the Spanish Barreiros (1959–1978). Cycles Peugeot produced bicycles from 1882 until 2005. In 1987, ProCycle of Canada acquired the rights to distribute French-made Peugeots in North America and in 1990, Cycles Peugeot sold
3916-456: The Coppa del Garda race. Total production was 52 cars. It found no customers in Italy, and all 50 production model (excepting two prototypes) found their way to Australia. Chassis numbers 6001 and 6002 were built in 1920 as prototypes, whereas 6003 to 6052 were built mostly in 1921. Only one known survivor exists as of 2019, chassis number 6018. It was in 2007 owned by New Zealand 's Alfa importer and
4005-509: The French government each took a 13% stake in PSA, in a financial rescue operation, reducing the Peugeot family share from 25% to 14%. Following Dongfeng and the French government each acquiring stakes in Groupe PSA, various cost-cutting measures at the company turned its fortune around and gradually reduced PSA's debt, until the company began to turn a profit beginning in 2015. A new CEO, Carlos Tavares ,
4094-628: The Indian market in early 2021, with the launch of the C5 Aircross SUV manufactured at a plant in Tiruvallur , India . The manufacturer of Peugeot , Citroën and DS Automobiles -branded cars and vans, 100% owned by PSA Group and formed from the combination of Automobiles Citroën and Automobiles Peugeot. Automobiles Citroën, Automobiles Peugeot, and DS Automobiles remain in operation in relation to specific retail operations in various countries but not in
4183-475: The North American rights to market bicycles under the Peugeot name to ProCycle. In 2001, ProCycle discontinued the Peugeot bicycle brand. In Europe, the licence to produce Peugeot-branded bicycles was sold to Cycleurope , a company making bicycles under different names, on condition that it would be reconsidered in 2004. That license was later withdrawn for Europe, though production of bicycles for export continued for another year. Peugeot Motocycles manufactures
4272-589: The P2 unit that established the architecture of the company's engines, with light alloy construction, hemispherical combustion chambers, centrally located plugs, two rows of overhead valves per cylinder bank and dual overhead cams. Jano's designs proved both reliable and powerful. Enzo Ferrari proved a better team manager than a driver, and when the factory team was privatised, it became Scuderia Ferrari . When Ferrari left Alfa Romeo, he went on to build his own cars. Tazio Nuvolari often drove for Alfa, winning many races before
4361-515: The PSA Group, expanded its operations in the circular economy by acquiring B-Parts , a platform specializing in the sale of used car parts. This move aligned with the group's "3R" strategy—repair, reuse, and remanufacture—focusing on sustainable automotive solutions. The acquisition also aimed to support PSA Aftermarket's goal of tripling its revenue from circular economy initiatives between 2018 and 2023, aligning with its sustainability goals. In 2008,
4450-714: The Pomigliano factory ran at 16.5 percent through the 1970s, reaching as high as 28 percent. By the 1970s, Alfa Romeo was again in financial trouble, with the company running at about sixty percent of capacity in 1980. Since Alfa Romeo was controlled by the Italian government owned Istituto per la Ricostruzione Industriale (IRI), a deal was made where about a quarter of worker's salaries were paid through state unemployment agencies to allow Alfa's plants to idle for two weeks every two months. An aging product lineup and very low productivity combined with near-permanent industrial unrest and Italy's high inflation rates kept Alfa Romeo firmly in
4539-662: The Samba and Alpine/Solara had been discontinued a year earlier. What was to have been the Talbot Arizona became the Peugeot 309 , with the former Rootes plant in Ryton and Simca plant in Poissy being turned over for Peugeot assembly from October 1985. Producing Peugeots in Ryton was significant, as it signaled the first time that PSA would build cars in the UK (car assembly at Ryton stopped in 2006 and
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#17328526654164628-419: The UK, respectively. He assured the leaders that jobs would be safeguarded and that Vauxhall's Ellesmere Port plant was to be used by PSA at least until 2021. Tavares announced that he wants Opel to keep its German brand identity and to embrace it, and that he would leverage Opel's pedigree of German engineering and Motorsport and use the company's heritage to reach markets and customers that may not consider
4717-557: The US Market as announced by Fiat CEO Sergio Marchionne after a series of rumours. North American sales resumed in October 2008, with the launch of the limited production 8C Competizione coupe with Alfa Romeo models being imported by Fiat's US subsidiary Chrysler. Also in 2008, Alfa Romeo and Chrysler were reported to be in discussions over the possibility of producing Alfa Romeo cars in some Chrysler manufacturing plants that had shut down due to
4806-495: The automotive and aircraft industry. PSA owns 57.43% of automotive supplier Faurecia , a company created by a 1997 merger between Bertrand Faure and PSA-owned ECIA. It provides various components to Peugeot, Citroën, DS and significant interior and exterior parts to companies such as Audi , BMW and Mercedes-Benz . Gefco is a large international logistics company, established by Peugeot in 1949 and named Les G roupages E xpress de F ranche- Co mté. In November 2012, PSA sold
4895-429: The brand takeover conditions. The chassis was lengthened and stiffened from the 1914 A.L.F.A. 40-60 HP model, entering into market territory competition with Rolls-Royce. A new 6.3 L (384 cu in) straight-6 engine was introduced, producing 70 PS (51 kW) and 216 lb⋅ft (293 N⋅m) of torque. The G1 achieved a maximum speed of 86 miles per hour (138 km/h), winning its production class at
4984-493: The carburetted version. The SPICA system continued until the 1982 model year with the introduction of 2.0 liter Bosch electronic fuel injection . Mechanical variable valve timing was introduced in the Alfa Romeo Spider , sold in the U.S. in 1980. All Alfa Romeo Spider models from 1983 onward used electronic VVT. The 105 series Giulia was quite an advanced car, using technologies such as all-wheel disc brakes , and
5073-553: The city of Milan : A red cross, from the emblem of Milan , and the biscione , a big grass snake and a child emerging from its mouth—emblem of the House of Visconti , rulers of the city in the 14th century. The logo was originally designed in 1910 by a young Italian draughtsman from the A.L.F.A. technical office, Romano Cattaneo. In June 1910, the Società Anonima Darracq became Anonima Lombarda Fabbrica Automobili, and
5162-767: The company came under the direction of Neapolitan entrepreneur Nicola Romeo , who converted the factory to produce military hardware for the Italian and Allied war efforts. Munitions, aircraft engines and other components, compressors, and generators based on the company's existing car engines were produced in a vastly enlarged factory during the war. After the war, Romeo invested his war profits in acquiring locomotive and railway carriage plants in Saronno ( Costruzioni Meccaniche di Saronno ), Rome (Officine Meccaniche di Roma), and Naples (Officine Ferroviarie Meridionali), which were added to his A.L.F.A. ownership. Car production had not been considered at first, but resumed in 1919 since parts for
5251-541: The company group's restructure and cost cutting. Instead, as reported by The Wall Street Journal in November 2009, Chrysler discontinued several Dodge and Jeep models while phasing in Alfa Romeo ones and the new Fiat 500. The next significant milestones in Alfa Romeo's North American return occurred in 2014, with the launch of the more affordable two-seater 4C coupe . That year, Fiat Group Automobiles S.p.A. confirmed that its original agreement with Mazda Motor Corporation, for
5340-449: The company into an electric-car-only brand using the platform of the Opel Ampera-e for a wide range of models. GM agreed to continue to supply PSA with Ampera-e and other electric vehicle technology. In August 2017, PSA completed the acquisition deal of Opel and Vauxhall. GM reported a loss of US $ 257 million from its European operations in 2016, sixteenth consecutive loss-making year for GM in Europe, bringing its amount of losses on
5429-408: The company investigated the option to buy Mitsubishi Motors but a deal could not be concluded and was called off in 2010. One outcome of the talks resulted in the Mitsubishi Outlander and Mitsubishi i-MiEV to be sold as Peugeot and Citroën in Europe. The head office of PSA Group is located in Rueil-Malmaison. The group has been renting the building since 2017, right after its construction. It
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#17328526654165518-429: The company soon faced financial troubles, leading to Romeo's contentious departure in 1928 and Italian government ownership in 1933. Under the control of the industrial organization Institute per la Ricostruzione Industriale (IRI), Alfa Romeo initially continued making its signature custom luxury vehicles, but following the financial hardship of World War II, shifted to mass-producing small vehicles. In 1954, it launched
5607-572: The company was operating at a loss, prompting IRI to sell it to Fiat Group in 1986. Alfa Romeo has since maintained its distinct identity and brand through several ownership changes, including Fiat's merger with the American Chrysler Group in 2014, forming Fiat Chrysler Automobiles (FCA), and FCA's subsequent merger in 2021 with the French PSA Group to form Stellantis. Alfa Romeo is heavily involved in various motorsports —including Grand Prix motor racing , Formula One , sportscar racing , touring car racing , and rallies —with achievements giving
5696-417: The company's portfolio to include heavy machinery and aircraft engines. In 1920, the company's name was changed to Alfa Romeo , with the Torpedo 20–30 HP being the first vehicle to bear the new brand. Through the 1920s, Alfa Romeo produced several successful road and race cars, and was well represented in prominent European motorsport events, notably winning the inaugural Grand Prix in 1925. Nevertheless,
5785-489: The completion of 105 cars had remained at the A.L.F.A. factory since 1915. In 1920, the name of the company was changed to Alfa Romeo with the Torpedo 20–30 HP the first car to be so badged. Their first success came in 1920 when Giuseppe Campari won at Mugello and continued with second place in the Targa Florio driven by Enzo Ferrari . Giuseppe Merosi continued as head designer, and the company continued to produce solid road cars as well as successful race cars (including
5874-542: The continent since 2000 to more than US $ 15 billion. Some expressed concerns about what this major acquisition might do to PSA's bottom line. However, due to this amount of debt, it is likely that GM may give the brands to PSA, or sell Opel and Vauxhall at a highly reduced price. Tavares expects synergies a decade after the takeover. PSA CEO Carlos Tavares met with German Chancellor Angela Merkel and British Prime Minister Theresa May at separate meetings where he toured some of Opel and Vauxhall's operations in Germany and
5963-476: The development or manufacture of vehicles. PSA PowerTrain is a manufacturer of petrol and diesel engines for a range of companies including BMW , Ford , Jaguar , and Land Rover . It was founded by Peugeot in 1898 in Lille and later named Compagnie Lilloise de Moteurs (CLM). In 1992 SCM-CLM as it was then known became Peugeot Citroën Moteurs. The company has had a partnership with Ford Motor Company since 1998. PSA and BMW have an agreement to develop
6052-402: The entire PSA group; PSA lost money from 1980 to 1985. There were some bright spots, however: mainly thanks to the success of the Peugeot 205 and in spite of Talbot sales withering away, PSA surpassed Renault in sales in the domestic French market for the first time in 1983. In 1987, the company dropped the Talbot brand for passenger cars when it ceased production of the Simca-developed Horizon;
6141-468: The inaugural World Manufacturers' Championship of 1925 , a silver metal laurel wreath was added around the badge, used (in varying form) until 1982. The addition of the wreath had enlarged the badge to 75 mm (3.0 in) diameter; in 1930 it was reduced back to 60 mm (2.4 in). PSA Group Peugeot S.A. , trading as Groupe PSA ( French pronunciation: [ɡʁup pe ɛs ɑ] ) (formerly PSA Peugeot Citroën from 1991 to 2016)
6230-431: The last name of entrepreneur Nicola Romeo, who took control of the company in 1915. The first factory building of A.L.F.A. was in the first-place property of Società Anonima Italiana Darracq (SAID), founded in 1906 by the French automobile firm of Alexandre Darracq , with some Italian investors. One of them, Cavaliere Ugo Stella, an aristocrat from Milan , became chairman of the SAID in 1909. The firm's initial location
6319-426: The market at this time (the GS and CX ) and Peugeot was typically prudent in its own finances, the PSA venture was a financial success from 1976 to 1979. In late 1978, PSA purchased the failing Chrysler Europe (which had been Rootes and Simca ) from the troubled US parent firm for a nominal US$ 1.00, plus assumption of outstanding debt, leading to losses for the consortium from 1980 to 1985. Further investment
6408-407: The mechanical holdings arm of IRI and its predecessors owned Alfa Romeo since 1932. Prodi first approached fellow Italian manufacturer Fiat, which offered to start a joint venture with Alfa. Fiat withdrew its plan for a joint venture with Alfa Romeo when Ford put in an offer to acquire part of Alfa Romeo and restructure the company, while increasing its stake over time. However, Fiat chose to put in
6497-463: The merger and the deal was closed on 16 January 2021. The Peugeot, Citroën and DS Automobiles brands retain separate sales and marketing structures, but share common technology, development and assembling assets. Jean-Martin Folz was PSA's CEO between 1996 and early 2007, when he was replaced by former Airbus head Christian Streiff . Streiff was sacked on 29 March 2009, a day after the company posted
6586-434: The other Italian co-investors, founded a new company named A.L.F.A. (Anonima Lombarda Fabbrica Automobili), buying the assets of Italian Darracq that was up to dissolution. The first car produced by the company was the 1910 24 HP , designed by Giuseppe Merosi , hired in 1909 for designing new cars more suited to the Italian market. Merosi would go on to design a series of new A.L.F.A. cars, with more powerful engines such as
6675-399: The plant was closed). The Talbot name survived for a little longer on commercial vehicles until 1992 before being shelved completely. From 1987 to 1995, the Ryton plant also produced the Peugeot 405 saloon. On 29 February 2012, PSA announced the creation of a major alliance with General Motors (GM), as part of which GM became PSA's second-largest shareholder, after the Peugeot family, with
6764-520: The production of Macchi C.202 Folgore engines: the Daimler-Benz 600 series built under license) was bombed during the Second World War and struggled to return to profitability after the war. The luxury vehicles were out. Smaller, mass-produced vehicles began to be produced beginning with the 1954 model year, with the introduction of the Giulietta series of berline (saloons/sedans), coupes and open two-seaters. All three varieties shared what would become
6853-407: The red. Other creative measures were attempted to shore up Alfa, including an ultimately unsuccessful joint venture with Nissan endorsed by Alfa's then-president, Ettore Massacesi, and Prime Minister Francesco Cossiga . By 1986, IRI was suffering heavy losses—with Alfa Romeo having not been profitable for the last 13 years —and IRI president Romano Prodi put Alfa Romeo up for sale. Finmeccanica,
6942-742: The speculated manufacturing of a new Alfa Romeo Spider based on the Mazda MX-5 had been terminated mutually in December 2014. The proposed model for this joint venture became the Fiat 124 Spider convertible launched in 2015. In 2015, Alfa Romeo's return to this market was further bolstered by the automaker's display of the new Giulia at the Los Angeles Auto Show. In February 2017, Chrysler featured its Alfa Romeo brand exclusively in three ads during Super Bowl LI . Alfa Romeo's US importer, FCA US LLC , imports
7031-477: Was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot , Citroën , DS , Opel and Vauxhall brands. On 18 December 2019, PSA and Fiat Chrysler Automobiles (FCA) announced that they had agreed to the terms of a binding $ 50 billion merger. On 16 July 2020, both companies announced the new name for their merged operations, Stellantis . The deal closed on 16 January 2021. As of 2022 , Stellantis
7120-527: Was built. 18 January 1968, saw a new company named "Industria Napoletana Costruzioni Autoveicoli Alfa Romeo-Alfasud S.p.A." being formed, 90% of which belonged to Alfa Romeo and 10% to Government controlled holding company Finmeccanica . This plant was built in the wake of France's 1968 protests and Italy's Hot Autumn and was never "properly started." The employees had mainly construction backgrounds and were not trained for factory work, while industrial relations were troublesome throughout. Absenteeism rates in
7209-544: Was close to an agreement with creditor banks on €11.5 billion ($ 14.9 billion) of refinancing and had won state guarantees on €7 billion in further borrowing by its Banque PSA Finance. On 12 December 2013, General Motors announced it was selling its 7% stake in PSA Peugeot Citroën to Padmapriya Automobile Investment Group. In 2014, Dongfeng Motor Group , the Chinese partner that builds PSA cars in China, and
7298-465: Was engaged and began to implement various cost-cutting measures and expanded the model range of all three core brands, alongside the creation of a new brand, DS Automobiles . In early 2016, PSA unveiled a roadmap detailing its plan to re-enter the North American car market for the first time since 1991. On 10 February 2017, PSA announced a 50:50 joint venture with the CK Birla Group , the owner of
7387-423: Was entrusted with doing the final design. The original badge was round, of enamelled brass , measuring 65 mm (2.6 in) in diameter, and carried already all the present day accoutrements: the red cross on a white field of Milan on the left, a green biscione on a light blue field on the right, all surrounded by a blue ring inscribed with the words "ALFA" at the top and "MILANO" at the bottom. In honour of
7476-442: Was established by Cavaliere Ugo Stella to acquire the assets of the ailing Italian subsidiary of French carmaker Darracq , of which he had been an investor and manager. Its first car was the 24 HP , designed by Giuseppe Merosi , which became commercially successful and participated in the 1911 Targa Florio endurance race. In August 1915, ALFA was acquired by Neapolitan entrepreneur and engineer Nicola Romeo , who vastly expanded
7565-405: Was established in 1978 and is equally owned by PSA Group and Fiat . As a result of this, two factories have been built assembling three ranges of vehicles, Sevel Nord and Sevel Sud . Peugeot and Fiat's Argentine operations were also joined under the name of Sevel Argentina S.A. ( Sociedad Europea de Vehículos para Latinoamérica ), although Fiat withdrew from Sevel in 1995. Currently Sevel builds
7654-563: Was imported to the United States by Max Hoffman from the mid-1950s. The Giulietta Spider was developed on the request of Max Hoffman, who proposed an open top version of the Giulietta. In 1961 Alfa Romeo started exporting cars to the United States through its own dealer network. In 1995, Alfa Romeo ceased exporting cars to the United States, the last model sold in that market being the 164 sedan. On 5 May 2006, Alfa Romeo made its return to
7743-573: Was in Naples , but even before the construction of the planned factory had started, Darracq decided late in 1906 that Milan would be more suitable and accordingly a tract of land was acquired in the Milan suburb of Portello , where a new factory of 6,700 square metres (8,000 sq yd) was constructed. In late 1909, the Italian Darracq cars were selling slowly and the company was wound up. Ugo Stella, with
7832-461: Was readying its first model, the 24 HP . The board asked chief engineer Giuseppe Merosi to devise a badge for the radiator shell of the new car; Merosi turned to his collaborators. One of them, Cattaneo, was inspired by the coat of arms he had seen on the gates of Castello Sforzesco to include the biscione in the logo. Merosi liked the idea, and together with Cattaneo came up with a sketch, then approved by managing director Ugo Stella; Cattaneo
7921-515: Was required because PSA decided to create a new brand for the entity for the disparate French and British models, based on the Talbot sports car last seen in the 1950s. From then on, the whole Chrysler/Simca range was sold under the Talbot badge until production of Talbot-branded passenger cars was shelved in 1987 and on commercial vehicles in 1992. All of this investment caused serious financial problems for
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