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Speaking with analysts in April, FCA CEO Sergio Marchionne said, "Alfa and Maserati together will sell 230,000 units in 2017."
That’s 170,000 vehicles from Alfa Romeo alone and Marchionne was expecting a large portion of those sales to come from the Giulia, but so far Alfa Romeo has only sold 18,908 Giulias in Europe from May 2016 to April 2017. A far cry from the predicted annual global sales of 75,000 to 100,000 Giulias. Meaning more pressure is placed on the Stelvio to help Alfa Romeo reach its 2017 goal.
Perhaps the brand’s first SUV will fare better in sales as it is a more popular body style in both Europe and the U.S. One challenge that held Giulia sales back was the lack of a wagon option in Europe, a segment that accounted for a large portion of their competitors’ sales. Another problem Alfa Romeo ran into was the cooling sedan market worldwide.
These obstacles could be overcome by the new Stelvio SUV though we won’t how well it’ll perform until the third quarter.
"In the third quarter, we might be able to get a first hint of how the Stelvio has been received in its key markets," says Gabriele Gambarova, an analyst at Banca Akros in Milan, Italy. "The U.S. market could absorb 20,000 units this year between the Giulia and Stelvio."