Stellantis CEO furious after Chinese companies try to buy Alfa Romeo

Stellantis CEO furious after Chinese companies try to buy Alfa Romeo
-

👇👇 Buy something and support The Electric Viking Store 👇👇

Size guide and other help for the store 👇

Join as a member in The Electric Viking YouTube►

Members-only videos (see videos before anyone else)►

👇 Please donate here for Shanna (Viking's wife) if you can 👇

See what happened to Shanna:

The Electric Viking on other platforms:

👇 See more about me 👇
👇 My Bali trip 👇
👇 Video about My Skateboard 👇

👇 Subscribe to my kids channel 👇

See more videos about Stellantis:
Stellantis says it will NEVER pay Tesla for emissions credits ever again

Stellantis patents 'Fake Vibration' to mimic V8 engines In Electric cars

Dodge Charger SRT Daytona electric muscle car power and battery revealed

525 pounds lighter Dodge Demon 170 Drag Races Tesla Model S Plaid

All-Electric Dodge Charger gets 885 HP 3 motor drivetrain with 800V architecture

Dodge Charger Explodes - sets fire to driver and neighbouring houses

Dodge's CEO: Gas Muscle Cars will die & be replaced by 'just as fun' EVs

NEW Dodge Charger Daytona SRT electric muscle car is STUNNING

The NEW Dodge HELLCAT will be ELECTRIC!

Ford, GM & Dodge just announced they'll go bankrupt together

Dodge admits ICE muscle cars suck - says EVs are better (gas lovers cry rivers of tears)

21 car EV MEGA TEST - 11 key metrics compared

Mercedes' ridiculous plan for bankruptcy in 2030

BYD will build Electric cars for smartphone maker Xiaomi

Toyota will face financial ruin by 2030 - FACTS

The idiots at Bank of America recommend these 3 auto stocks

Japan's 3rd largest bank says Tesla will own 10% of world auto market

Who actually owns Tesla stock in 2021? (They also own BYD!?)

Tesla stock VS Geely - which EV company is a better buy right now

Geely (Volvo) say they are better than Tesla at everything except...

Tesla Model 3 is the most American made car - GM & Ford massive FAIL

BYD & NIO CEOs explain why China will dominate world car sales in 2030

BMW & Toyota are utterly delusional about hydrogen

Electric car sales in America just DOUBLED again - we're just getting started!

#stellantisceo #alfaromeo #chinesecompanies #CarlosTavares #alpharomeocars #evnews

👇Reference to the news/charts & videos used in this video:

This channel may use some copyrighted materials without specific authorization of the owner; but content used here falls under the “Fair Use” Copyright Disclaimer under Section 107 of the Copyright Act 1976.

Allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

Contact us for any copyright issues. If you want a credit of any footage we are using, please let us know.

[davidpickard]

Alfa have been on life support for 50 years

[Smite-MeisterEd]

All of Stellantis' car brand image is non existent in South Africa due to poor reliability, horrendous costumer service during the 2000's and 2010's and much much affordable rival brands from India and China

[zes]

Don't be ridiculous, you just bought 20% of a Chinese EV company.

[johnsamu]

It's by now just a badge name, there's no "special Italian wizardry" anymore.

[meersde]

At Alfa or Lancia, only the past is used for marketing purposes anyway. It doesn't matter whether Stellantis or a Chinese company uses it to sell its platform. The brands are effectively dead.

[Carnutzjoe]

Ferarri was in trouble for years but they refused to sell to Ford. It’s emotion.

[softwarephil]

None of the Stellantis brands are any good. Calling Alfa “the jewel” tells you a lot about how crappy their other brands are.

[StormyDog]

In the US, can't remember the last time I saw an Alfa Romeo. For that matter it's been a long long time since I've seen a Fiat.

[RCL]

Alfa has made some smart product moves with the beautiful Gulia Quadrifoglio and the Stelvio Quadrifoglio is well positioned. Alfa has not done a good job with marketing the brand in the US, the fact they are owned by stellantis is really the only hesitation I had when looking to buy one. You Sir are categorically wrong about the apeal of the brand for true petrolheads, imagine what a light weight high power ev would do for the brand a few years down the road when next gen battery tech is deployed. It would be the car lovers answer to souless Teslas

[broisho]

Well, let's see how much longer Chrysler will stay in the group first after being dumped by Mercedes Benz.

[biskero]

About Italy making eV is all vaporware !!!

[donblythe]

I am always sorry to hear that car brands are going to go out of business. Because the West did not invest in battery technology the way the Chinese companies have i think that it is going to be impossible for any Western company to survive. The style and personality of many different car brands been away for people to express their individuality end up will be what we lose i'm only a few brands are left.

[MultiMenvafan]

You are right on Alfa Romeo, but Stellantis is right on the disaster in selling or JVing with China. Short term cash for long term ruin.

[michaguy]

I drive an Alfa, you drive SUVs so I don't think you know what you're talking about here. Alfa had terrible reliability issues in the 1980s, not now. In the late 90s the 156 and then the 147 turned Alfa around, both winning European Car of the Year. The Guilia is, in my opinion, the best looking sedan on the road. You are correct, they are not selling enough to make a profit. I also think Stellantis has too many brands and is sticking with a strategy of offering multiple options when a more streamlined offering would produce greater economies of scale. I suspect they fear losing sales by cutting brands/models/variants. Some years ago the head of Stellantis predicted that there would eventually be only 5 car makers. I think technology has made it easier to share a platform between brands reducing the cost of variants so it's not so hard to have lots? Their strategy has been for Alfa to be their prestige brand and I believe they were going to go all electric. If they go electric I would be very interested in getting one.

[mikegdanner]

Alfa’s have soul. I wish they could survive as an independent car company and make small runs of enjoyable cars. They have so much history.

[Cybertruck]

No way can a company manage so many brands efficiently. Silly to have so many models also. It's no wonder cars are so expensive. Have a compact range and make each iteration of a model better.

[mauriceharting]

The problem with Alfa Romeo's is that they have high rpm engines which will fail over time due to heat stress as well as have a Reliability Index of 214, which is very low. Some people buy Alfa Romeo's because of nostalgia, but when the cost of repairs and parts come in due to the frequency of repairs that will wear of.
If you look at the depreciation of Alfa Romeo Giulia it will depreciate 44% after 5 years, which is terrible!

[rais]

I was sad that SAAB closed down but exactly what gap would the closure of Alfa Romeo make in the car market? About as much as the the gap you make when you take your finger out of a bucket of water. MG has gone from nothing to a popular brand under Chinese ownership and the fastest, most exciting MG ever made is an EV from China. Perhaps they could even revive Alfa.

[dereknicol]

For once i agree with Carlos, Alfa Romeo is the most iconic historic brand in the world. I would prefer to see the name mothballed than be sold to China.

[satay]

Everything is for sale. The price is the question