Alfa Romeo plans to introduce a supercar as it bids for a breakthrough in the luxury vehicle market.  The Fiat Chrysler brand is setting its sights on ultra-luxury brands like McLaren and Porsche by reviving the Alfa Romeo 8C in 2022. The move is part of outgoing CEO Sergio Marchionne's plan to transform the automaker's fledgling Alfa Romeo brand into a global force long after his departure.

The 8C will have a carbon-fiber monocoque chassis, which is integrated into the vehicle's body, and a twin-turbocharged mid-engine. It will have an electrified front axle. With more than 700 horsepower, it will go from 0 to 100 kilometers per hour — which is about 62 mph — in fewer than 3 seconds.