Alfa Romeo is not for sale, says Chairman Luca di Montezemolo

Fiat S. p.A. has denied any truth to a recent analyst report that suggested that Alfa Romeo could be bought by Volkswagen AG. Fiat S.p.A. Chairman Luca di Montezemolo puts any doubts to rest when he asserted that Alfa Romeo is not for sale “under any circumstances.”

In an interview with Reuters, Montezemolo said that the company will soon present the new Alfa that will replace the 147. In addition, he said that he sees “important opportunities” for Alfa Romeo in the US.