The association with the Ateco Group and Alfa Romeo and Fiat, which began 15 years ago, will come to an end on 1 May. Distribution for the two Italian marques will then fall under the banner of subsidiary company Chrysler Australia. All Alfa Romeo and Fiat dealerships around the country will also come under the control of Chrysler Australia.
Neville Crichton, Executive Chairman of the Ateco Group said, “Alfa Romeo and Fiat have at their heart a real, live passion for life and Ateco has been fully involved in that, whether it has been the yacht, the Alfa Romeo G1 or motorsport with the Fiat 500 Australian Grand Prix and class-winning performances at Bathurst with Alfa Romeo.
“But while this makes it all the more hard to say good bye to these iconic brands, we know that it is that passion that has driven us over the past 15 years and which has made them successful once again in Australia. We know that they now have are prepared and positioned for a strong future in Australia and New Zealand, something of which I and everyone who has worked on them at Ateco can justifiably be very proud.â€
Ateco’s full statement can be read after the break.
UPDATE: Chrysler Australia’s statement has also been added below.