Alfa Romeo looks to be replacing the Punto with a MiTo-based SUV, with Alfa Romeo CEO Sergio Marchionne to confirm the news in his mid-year announcements.
The mid-year conference comes during the Investor Day, in which the CEO will outline new investments, plans and the outlook for the company.
The next Investor Day is June 1, to be held in Balocco, which is when the news of a new Alfa Romeo SUV will be announced.
Currently, we know there are plans to have a large SUV above the Stelvio, and one below it. So is this the smaller SUV we’ve heard about for a while?
The new crossover would be based on the same platform as the Alfa Romeo MiTo, with the company looking to kill two birds with one stone, as it were.
One, it will get a new crossover for its lineup, which is the avenue all car companies are going down to increase revenue. And two, it removes a car from its range that has been underperforming due to customers preferring SUVs.
Marchionne has hinted that small hatchbacks are on their way out, using the Geneva motor show to tell journalists that the MiTo can’t continue in its current shape.
Marchionne’s comments weren’t a confirmation that the MiTo would disappear altogether, but would morph into something more crossover-like.
In fact, it would most likely need to be a bit larger, to compete with the Volvo XC40, BMW X1, Audi Q2 and Range Rover Evoque.
Given the move toward electrified vehicles, it’s most likely that the new SUV would come with a hybrid or mild-hybrid powertrain, and will feature the company’s turbocharged 2.0-liter four-cylinder gasoline engine.
There’s plenty of scope for the tuning of that engine as well, so we could even see a Quadrifoglio (QV) version to compete with vehicles like the BMW X2 M35i and the Audi SQ2.
The Italian unions looking after the Alfa plant in Melfi appear to be very pleased with the news, as it would secure the future of the factory, with workers guaranteed jobs for several years to not only create the new machine but to produce other vehicles from the same platform.
We’ll bring you more news when it comes to light.