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3 unusual facts about Alfa Romeo Arna


Alfa Romeo Arna

By 1986, Alfa Romeo's parent company, the Italian-government owned Istituto per la Ricostruzione Industriale was suffering from heavy losses, and IRI president Romano Prodi put Alfa Romeo up for sale, with Fiat ultimately emerging as the new owner of Alfa.

Italian Prime Minister Francesco Cossiga endorsed the deal, despite political and auto-industry opposition, because he hoped to bolster the fortunes of the state-owned manufacturer, which had a cult following but was losing money.

For the joint venture, a new plant was constructed in Pratola Serra, near Naples.



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