Mazda and Alfa Romeo to build new roadster
In an announcement made today, Mazda and Fiat have announced the signing of a non-binding Memorandum of Understanding (MoU) for the development and manufacturing of a new roadster for the Mazda and Alfa Romeo marques. The all-new convertible will be based on Mazda’s next-generation MX-5 rear-wheel-drive architecture that is due to be launched next year as a 2014 model.
The two automakers will be developing the new roadster sports car jointly, but the cars will be distinctly styled and brand specific. The new convertibles will be light-weight, iconic and feature a rear-wheel drive configuration. The Mazda and Alfa Romeo variants will be powered by each brands unique proprietary engine. The announcement says that after the project plan is underway, both vehicles will be manufactured at Mazda’s Hiroshima, Japan, plant with production for the Alfa Romeo variant starting in 2015.
The details of the non-binding partnership are still being hammered out, and a final, contractual agreement is expected to be signed in the second half of this year. The announcement today did say Mazda and Fiat have also agreed to discuss further opportunities for co-operation in Europe.
Both companies are excited about the partnership
Mazda's Representative Director and Chairman of the Board, President and CEO, Takashi Yamanouchi, and Fiat CEO Sergio Marchionne both made statements after they signed the MoU.