Alfa Romeo will reportedly unveil seven new models by 2018, in a push from parent Fiat Chrysler (FCA) to boost sales for the Italian brand.
According to German magazine AutoBild, FCA isn’t just looking for a small spike in sales, instead targeting a rather more ambitious fivefold increase.
Current sales of around 100,000 per year would be boosted to half a million under the plan, although FCA did not put a time limit on its goal.
Two SUV crossovers are also said to be in the planning stages, with one larger model set for a 2018 debut and a player in the increasingly popular compact segment due in 2017.
Alfa also seems set to drop its MiTo and Giulietta hatch models, in line with a report from midway through last year, suggesting the Italian carmaker would produce all future models exclusively in rear-wheel-drive.
FCA reportedly sees Alfa Romeo as a key part of its business plan to return to profit in Europe by 2016; a plan that also includes Maserati, with models from both marques to be built exclusively in Italy.
Alfa Romeo’s future will become clearer at the beginning of May, when FCA is set to unveil its long-term business plan to the world.