Fiat to team with Mazda on new MX-5-based roadster

  • 25-May-2012 02:44 EDT

Mazda says the MX-5 is the best-selling roadster of all time.

Mazda Motor Corp. and Fiat Group Automobiles S.p.A. have signed a nonbinding memorandum of understanding (MOU) for the development and manufacture of a new roadster for the Mazda and Alfa Romeo marques based on Mazda’s next-generation MX-5 rear-wheel-drive architecture. The MOU is expected to be finalized in the second half of 2012 and would result in two distinctly styled models, one each for the Mazda and Alfa Romeo brands. The two automakers would supply their own engines. Assembly would take place at Mazda’s plant in Hiroshima, Japan, with production for the Alfa Romeo model starting in 2015. The companies have also agreed to discuss other potential opportunities for cooperation in Europe. Mazda claims the MX-5 is the best-selling roadster of all time.

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