Ferdi Piech is trying his hand at instigating a velvet revolution. He is dangling huge sales increases at Alfa in front of workers and customers, hoping that they string up Marchionne and ask Volkswagen to take over Alfa. Or something along these lines. Anyway, Piech said in Geneva that Volkswagen could nearly quadruple the annual sales of Alfa Romeo, if Fiat would only do the right thing and sell Volkswagen the ailing Alfa brand.
Sergio Marchionne dismisses these advances by the 74 year old. Marchionne said last month: ” Marchionne handed out some advice while ha was at it: Piech should concentrate on fixing SEAT. Very funny. In the 80s, Volkswagen had to swoop in and rescue SEAT, after SEAT’s partner Fiat ran out of money.
Yesterday evening Piech said he can wait for the right moment to woo Alfa away: “Volkswagen has time.”