Out of all the mainstream brands included in the Fiat Group and Chrysler LLC portfolio, Alfa Romeo has the most potential to achieve a global reach and bring in some much needed cash and sales. The Italian company's boss Sergio Marchionne is well aware of this and that's one of the reasons he doesn't want to sell Alfa Romeo to Volkswagen, despite Ferdinand Piechs' persistent efforts.

However, one of the most pressing problems with Alfa Romeo is the constant delays, be that for the successors to models like the 159 series or the company's long-awaited return to the U.S. market.

Suffice it to say, there's no way of being sure that the Fiat Group has managed to sort out the time schedule-related problems when it comes to Alfa Romeo. Nevertheless, at a recent event for investors, the Fiat Group introduced an updated plan for the Milanese brand, which it hopes will revitalize Alfa Romeo through the presentation of new models.

The…freshly painted version of the 4C sports coupe concept will be joined at Alfa Romeo's Frankfurt Motor Show stand by the updated variants of the Giulietta and Mito hatchbacks.

The Giulietta gains Alfa Romeo's new double-clutch TCT transmission that will be offered on the 1.4-liter turbocharged MultiAir gasoline engine and the 2.0-liter turbodiesel, both of which have a maximum output of 170HP.