A new report out of Europe suggests Alfa Romeo will be launching a new midsize luxury sedan in 2018. There’s no question the Italian automaker is undergoing a significant rebranding as it launches in the United States and is rolling out the stunning new Giulia sedan. According to the report, the Giulia will be gaining a big brother in the Alfa stable that is also based on the same platform.

AutoExpress reports that the new midsize sedan will aim squarely at competing with the BMW 5-Series and Mercedes-Benz E-Class. The midsize executive sedan market is undoubtedly a fiercely competitive one, but still not quite as fierce as the compact segment the smaller Giulia is facing. Aiding in getting the new sedan to market quickly is the fact that it is rumored to utilize many components from the Giulia, including some of its engines and the entire chassis.

The chassis underpinning the rear-wheel-drive Giulia is remarkably flexible, according to FCA executives. Not only can the platform be scaled up and down from the Giulia’s wheelbase, but it can also spawn SUVs and fully-electric vehicles as well. This platform is also expected to underpin the next-generation Dodge Charger sometime after 2020.

Assuming the report is accurate, the larger Alfa will utilize the Giulia’s 2.2-liter diesel and 2.0-liter gas four-cylinders, as well as the Quadrigolio’s Ferrari-derived twin-turbo V-6. It is worth noting that FCA’s new 2.0-liter gas engine is allegedly highly tunable and could see a power bump for the larger Alfa. The report also claims that the new car will be the first recipient of a new V-6 diesel engine.

FCA also hinted that the new car will offer a plug-in hybrid version.

Alfa’s midsizer will likely be the third new product in what is shaping up to be a fairly aggressive new product rollout. The rollout has started with the Giulia and will be speeding up with the launch of the Alfa Romeo Stelvio SUV in 2017, the Giulietta hatchback in 2017 and then this new saloon in 2018.

“We owe our investors a constant stream of new, fresh global products that can be sold,” Fiat Chrysler chief technology officer Harald Wester told Auto Express. “It will be a relatively fast sequence of relevant and saleable products like saloons and SUVs.”

Watch out Germany, the Italians are coming?