Mazda Motor Corporation and Fiat Group Automobiles have joined hands in the form of non-binding Memorandum of Understanding (MoU) for the development of new rear-wheel-drive roadsters based on the Mazda MX-5 Miata platform. The final agreement would be signed by the second-half of 2012. Moreover, the companies will be open to “further opportunities for co-operation in Europe.”
[hana-code-insert name=’StumbleUpon’ /][hana-code-insert name=’Reddit’ /]Those two roadsters – next Miata and Alfa Romeo – would be “distinctly styled, iconic and brand-specific light weight”. Specific proprietary engines will be used to power Mazda and Alfa Romeo variants.
The roadsters will be manufactured at Mazda’s plant in Hiroshima, Japan, and the production of Alfa Romeo would be started in 2015.
“Establishing technology and product development alliances is one of Mazda’s corporate objectives and this announcement with Fiat is an important first step in that direction. It is especially exciting to be collaborating with such a prestigious marque as Alfa Romeo on a new roadster based on the next-generation MX-5, which is such an iconic vehicle for Mazda and recognized as the best-selling roadster of all time.” said Takashi Yamanouchi, Mazda’s Representative Director and Chairman of the Board, President and CEO.
“This agreement clearly demonstrates our commitment to Alfa Romeo and the determination to grow it into a truly global brand. By partnering with Mazda, we will be co-operating with the recognized leader in compact rear-drive vehicle architectures in order to deliver an exciting and stylish roadster in the Alfa Romeo tradition. We are appreciative of this collaboration with Mazda and look forward to maintaining a fruitful and continuous relationship.” said Fiat CEO Sergio Marchionne.