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Archive for the ‘Alfa Romeo’ Category

Product Launches Hammer FCA’s Q1 Earnings

But Ram pickup sales provide a cushion.

by on May.03, 2019

CEO Mike Manley needs to prove he can maintain the pace set by his former boss, Sergio Marchionne.

Fiat Chrysler Automobiles reported profits dropped 41% in the first quarter as a slump in sales in key markets cut the company’s revenues by 5 percent.

The automaker attributed the decline to the normal production challenges related to an array of new product launches in North America, as well as pricing pressure in China and South America.

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FCA CEO Mike Manley, however, reaffirmed the company’s guidance for the full year. “We expect earnings to grow in the following quarters,” he said as FCA completes the launch of the new Jeep Gladiator and the Ram Heavy Duty pickup truck.

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First Drive: 2019 Alfa Romeo Stelvio Quadrifoglio

An impressive blend of panache and performance.

by on Apr.09, 2019

The high-performance Alfa Romeo Stelvio Quadrifoglio should turn heads and change perceptions about the Italian brand in the U.S.

Judging from the less than overwhelming reception it has received since the brand was brought back to the United States by Fiat Chrysler Automobiles N.V., Alfa Romeo vehicles are likely to be something of an acquired taste for American motorists.

But there is a lot to like in the Alfa Romeo line-up, starting with the Alfa Romeo Stelvio Quadrifoglio with all-wheel drive – a utility vehicles with a great deal of style and panache that sets it apart from the very crowded competitive set of premium mid-sized SUVs.

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In fact, the exterior silhouette of the Stelvio has done the entire industry a favor by re-defining the appearance of utility vehicles. On the outside, the Stelvio is lower, sleeker and brings elements of sports-car design, which are the foundation of Alfa Romeo’s historic identity, into a unique and distinctive package. (more…)

Image of Alfa Romeo’s 600hp GTV Coupe Leaks Out

Grand tourer will use E-Boost driveline.

by on Apr.02, 2019

An image snapped at an Alfa Romeo event offers a hint of what the upcoming GTV will look like.

Fiat Chrysler Automobiles has big plans for the Alfa Romeo brand, as it announced last June during a meeting in Milan to unveil its next five-year plan.

By 2022, the Italian marque is expected to have at least seven different models in its showrooms, including three crossovers. But don’t think Alfa is abandoning the classic sedans and coupes it has long been known for, as this leaked image indicates.

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According to the Club Alfa website which initially published the image, this is the Alfa GTV coupe, one of two extreme performance models that will rely on some form of hybrid powertrain to punch out a whopping 600 horsepower.

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10 Best from the 2019 Geneva Motor Show

Choices range from city cars to super cars.

by on Mar.07, 2019

This year's Geneva Motor Show was smaller than in year's past, but there were plenty of debuts for the press to cover.

It may be snowy up in the hills outside Geneva, but things were decidedly green inside Palexpo, the sprawling convention center that serves as home to the city’s annual auto show. The event wasn’t quite as busy this year, a number of automakers choosing to sit things out, as has been the growing industry trend. That said, there were some significant debuts during the Geneva Motor Show media preview.

And green really was the word, manufacturers rolling out more than a score of environmentally friendly products. That included quite a few all-electric models, but also hybrids, plug-ins and even a breakthrough gas engine.

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As always, Geneva covered a broad spectrum of product segments, from little city cars, such as the Honda e, all the way up to hypercars like the 1,900 horsepower Pininfarina Battista. Here’s a look at 10 of our favorites among the new products that debuted at the 2019 Geneva Motor Show: (more…)

Alfa Romeo Signals Plug-In Plans With Tonale Concept

Jeep Renegade-sized SUV a smaller alternative to current Alfa Stelvio.

by on Mar.05, 2019

The Alfa Romeo Tonale Concept will offer a plug-in hybrid driveline shared with Jeep.

Named after one of the most famous passes through the Italian side of the Alps, the Alfa Romeo Tonale provides a vista into the future of the brand as it both expands its line-up of SUVs and begins rolling out an array of battery-based vehicles.

Though the model that debuted today at the Geneva Motor Show is officially just a concept, the Jeep Renegade-sized crossover will soon join the Alfa line-up as a more compact alternative to the brand’s current Stelvio model.

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Tonale, meanwhile, highlights Alfa’s electrification plans. First outlined by Sergio Marchionne, the late CEO of parent Fiat Chrysler last June, Alfa plans to offer a wide array of battery-based offerings, including two plug-in hybrid halo cars.

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Alfa Romeo Bringing Back 4C Spider for 2020

It will enjoy a limited run of just 15 cars.

by on Feb.11, 2019

The 2020 Alfa Romeo 4C Spider Italia will be a limited-edition vehicle this year with just 15 units.

Despite rumors floating around of its imminent demise, the Alfa Romeo 4C Spider will stay around for the 2020 model year, officials from Fiat Chrysler Automobiles have confirmed.

Alfa Romeo unveiled the limited-edition 2020 4C Spider Italia for North America with its limited production run of only 15 vehicles, during the press preview at the Chicago Auto Show. In keeping with the special color and badges, each car will be numbered.

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Ben Lyon, FCA product expert, said the Alfa Romeo 4C Spider Italia, which is hand-built in a factory in Italy, offers enthusiasts a chance to own a unique mid-engine design inspired by the brand’s legendary racing history and the essential sportiness embedded in the brand’s DNA.  (more…)

FCA Pledges $5.7B Investment in Italian Auto Plants

Plans call for new 500 EV and Alfa Romeo hybrid.

by on Nov.30, 2018

FCA CEO Mike Manley signed off on a $5.7 billion investment plan in the company's facilities in Italy.

Fiat Chrysler Automobiles said this week that its plants in Italy would return to full employment with a $5.7 billion investment in new cars and engine technology, including a fully electric version of the Fiat 500 city car and a plug-in hybrid Alfa Romeo compact utility vehicle.

The FCA announcement plans to mollify anxious union workers – and uneasy political factions in its home country – offer a sharp contrast to the tack taken by General Motors Co., which announced plans to close seven plants and eliminate 15,000 jobs.

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GM’s announcement angered union officials in the U.S. and Canada as well as figures from opposite end of the political spectrum, such as U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau. (more…)

Fiat Chrysler Chief Manley Shuffles Executive Team

Gorlier takes over supervision of European operations.

by on Oct.01, 2018

FCA CEO Mike Manley handed out new assignments to his executive team including naming Pietro Gorlier to COO with oversight of European operations.

After just about six weeks as CEO, Fiat Chrysler’s Mike Manley has shuffled the company’s top managers to his liking, with one appointment in particular drawing attention.

He announced the changes in an email sent to employees.

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“The next five years will continue to be extremely challenging for our industry, with tougher regulations, intense competition and probably slower industry growth around the world,” he wrote.  (more…)

Volvo Backs Out of IPO Due to Trade and Market Conditions

Trump's ongoing tensions with China and Europe push decision.

by on Sep.10, 2018

Volvo Chief Executive Hakan Samuelsson said that trade tensions between the U.S. and China as well as the EU were one reason to halt its IPO.

President Donald Trump’s seemingly ongoing trade war with, well, everyone as well as a less-than-robust period for auto stocks has forced Volvo Cars to put off its initial public offering — for now, anyway.

Volvo Cars, which is owned by China-based Geely, previously announced it was considering the IPO to help raise funds for additional research and expanding of production. However, the current trade tensions between the U.S. and China as well as the European Union has forced a rethink.

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“We’ve come to the conclusion that the timing is not optimal for an IPO right now,” Volvo Chief Executive Hakan Samuelsson told Reuters by telephone on Monday.  (more…)

Alfa Snags a Win, Ferrari Lands the Big Bucks, and Classics Make Room for the Future as Monterey’s Classic Car Week Concludes

Award winner upstaged only by the $48M paid for '62 Ferrari 250 GTO.

by on Aug.27, 2018

David Sydorick's 1938 Alfa 8C 2900B won top honors at Pebble Beach.

While the Alfa Romeo brand may be struggling to gain traction with American car buyers, the judges at the Pebble Beach Concours d’Elegance had no problem deciding what was best in show at the 68th annual running of what is widely considered the world’s premier classic car show. Honors went to a 1938 Alfa 8C 2900B owned by David Sydorick, of Beverly Hills.

But if you’re measuring success in dollars, the weekend’s real winner was a 1962 Ferrari 250 GTO which was gaveled off for a record $48 million at one of the many auctions that took place over the long weekend on the Monterey Peninsula. It blew past all estimates and handily surpassed the winning bid for an Aston Martin DB5 used in the 007 adventure Goldeneye.

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While the emphasis during the extended weekend was on classic cars, the past had to make room for the future on at least a few occasions. An assortment of automakers, including BMW, Audi and Mercedes-Benz, used the Pebble Beach Concours as background to reveal their latest concept and production models, with a big emphasis on electric drive technology. (more…)