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Alfa Romeo has put the MiTo GTA on hold, probably indefinitely, due to the economic crisis.


Echoing Aston Martin's cancelation of the Lagonda SUV Concept, an unnamed Alfa Romeo spokeswoman has stated the "MiTo GTA has been put on hold." In an interview with iMotor, she added that, "It's hard to justify building such as high performance car at this present time as the financial crisis means that it's not economically viable. And, sadly, it may never be."



The road-going version of the awesome Alfa Romeo MiTo GTA Concept, which was shown in Geneva this March, was due to go on sale before the end of the year priced around £20,000. However, a spokeswoman for the Italian firm told us not to expect the car anytime soon – if ever.



The MiTo GTA was to be powered by 240 hp 1.8-liter turbocharged four-cylinder engine with direct injection and dual variable valve timing. Boasting aggressive styling, a sportier suspension, and a light weight diet, the MiTo GTA was poised to be an enthusiast's dream come true.



The Alfa Romeo spokeswoman said: “The MiTo GTA has been put on hold. It’s hard to justify building such as high performance car at this present time as the financial crisis means that its not economically viable. And, sadly, it may never be.”
Source: imotormag.co via worldcarfans