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Stock market: Fiat runs on possible Alfa Romeo spin-off

The Lingotto stock advances in mid-morning, signaling itself as the most brilliant of the Ftse Mib – Fiat's prices are driven by the rumors spread by Automotive News Europe about an upcoming spin-off of Alfa Romeo.

Stock market: Fiat runs on possible Alfa Romeo spin-off

The Fiat star shines in Piazza Affari. The Lingotto stock gains just under 3% in the mid-morning, signaling itself as the most brilliant of the Italian stock market, which in the same minutes travels in positive territory.

The rumors, released yesterday by Automotive News Europe, according to which Fiat would aim at the spin-off of Alfa Romeo, in an attempt to relaunch the brand, as happened for Ferrari and Maserati, would push the prices of the automotive group up. The news has not yet been commented on from Turin. The relaunch of Alfa Romeo would therefore pass through more transparent and clearly visible accounts.

Marchionne's bet seems to be on high-end brands, with the creation of a luxury pole made up of Ferrari, Maserati and Alfa Romeo, whose sales have been inexorably declining in recent years. In a week we will know more: Marchionne will, in fact, present the plans in Detroit.

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