- Published in News.
Fiat and Mazda have signed a non-binding memorandum of understanding to develop a new roadster that will be badged as both an Alfa Romeo and a Mazda.
The vehicle will be based on the next generation, rear-wheel drive, MX-5 architecture and is likely to be produced at Mazda's Hiroshima plant.
Mazda's CEO Takashi Yamanouchi said: “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.”
While the OEMs' roadsters will uses different engines, the agreement could give Mazda access to Fiat's dual-clutch transmission technology.
Until now the OEM has been reliant on torque converter transmissions, but DCTs are becoming more widespread in the industry – helping improve efficiency and performance.
The final agreement is expected to be signed in the second half of this year with production of the new vehicles beginning in 2015.
The two OEMs will also look at other opportunities to collaborate on vehicle development in the European market.