1965 Alfa Romeo 2600 Spider 2.6l on 2040-cars

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Next Mazda MX-5 Miata headed for 2015 Chicago debut

Twenty-six years after it was introduced at the 1989 Chicago Auto Show, the much anticipated fourth generation Mazda MX-5 Miata will meet the press at the 2015 Chicago show. A piece in Autocar refines some of the details on the larger, lighter Miata that a Mazda insider has said will be "our best-looking car ever."
The company has relented on the quest for the metric tonne, the 1000-kilogram (2,200-pound) target too difficult to achieve in light of cost constraints. You can still expect it to lose a generous dollop of weight - Autocar says a curb weight of 1,100 kg (2,420 pounds) will still make it the lightest in its class. And Mazda will be stressing a fun driving experience through light weight and a modest amount of naturally-aspirated horsepower. Engine capacities of 1.5 and 2.0 liters are expected. Sounds familiar (and good), right?
The Miata's interpretation of Kodo design will be veer from that found on the Mazda3 and Mazda6, with "very clean and simple" lines marking out "more muscular proportions" and elongated bodywork on a longer wheelbase. A stretched engine bay will make room for the current Skyactiv engine and perhaps the future Skyactiv 2 powerplants, initial reports suggesting there could be a 30-percent increase in fuel economy from the moment it arrives.

Stellantis sees vehicle loan durations extended amid banking turmoil

Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker's head for the business said. Chief Affiliates Officer Philippe de Rovira said loans which normally had a three-year maturity were now increasingly moved to four years. "This allows customers to get a car for a monthly instalment that is similar to that they had before," he said. The world's third largest carmaker by sales on Tuesday announced it had completed a plan announced in late 2021 to reshuffle and simplify its leasing and financing operations in Europe. Under its terms, Stellantis created a 50-50 single long term multi-brand leasing company named Leasys with Credit Agricole Consumer Finance. It also set up local joint ventures in European countries for its new Stellantis Financial Services unit, formerly Banque PSA Finance, with BNP Paribas Personal Finance and Santander Consumer Finance. "These banks have always had better funding conditions than those we can have as an automaker," de Rovira said. Benefits of the plan included cutting the number of financing and leasing entities the group runs in each country and the number of IT systems it uses, with expected savings exceeding 30% in this particular area, he added. De Rovira said the group had a huge portfolio of orders it had not yet delivered due to supply chain shortages impacting production. "Demand is not our main issue. The issue is to deliver as fast as we can cars that are in our order portfolio, which is still at record levels," he said. The group aims to expand its corporate leased vehicle fleet to more than one million units in 2026 and to double net income from its so-called banking activities to 5.8 billion euros ($6.3 billion) by 2030. De Rovira said Stellantis was not seeing a downward trend in vehicle pricing. "Probably the significant price increases we have seen in 2021 and 2022 will not be repeated because the context is changing, but for the moment we don't see decreases, we see stabilisation". ($1 = 0.9188 euros) (Reporting by Giulio Piovaccari and Gilles Guillaume; Editing by Jan Harvey) Earnings/Financials Plants/Manufacturing Alfa Romeo Chrysler Dodge Jeep RAM

It's the Alfa Romeo Milano after all

We wound through as many switchbacks as found on the Brennero Pass when trying to decide ahead of time whether Alfa Romeo would name its coming subcompact SUV the Brennero. A set of GPS coordinates in a post on X turned us around again just a few days ago. The deceptions are finally done, Alfa Romeo declaring the name of its new entry-level offering: Milano. Most Americans will know the name as a cookie, either the original from Pepperidge Farm (derived from a cookie called "Naples") or the horde of imitations that Pepperidge Farm has taken legal action against. Many American enthusiasts will know the Alfa Romeo Milano as a sedan made from 1985 to 1992, called the 75 in other markets as a nod to the brand's 75th anniversary and one of our Future Classics. As with the previous Milano, this one that debuts next April comes with historical associations. The name honors the classic sedan as well as the automaker's hometown of Milan, a city doubly honored on this vehicle by bearing Milanese symbols in its logo: The cross and the Biscione serpent, the coat of arms of the Visconti family. Alfa classifies this as a Sport Urban Vehicle to succeed the Giulietta and Mito; as an entry-level offering beneath the Tonale, if the Brennero adopts dimensions of the sibling Jeep Avenger, the Brennero will be about 16 inches shorter than the Tonale, its roof about three inches lower.  Alfa Romeo saying the Milano "will also be available in a 100% electric version" provides confirmation of both ICE and EV powertrains, mimicking the choices for the Avenger. The ICE option could be the Avenger's mild hybrid, built around a 1.2-liter three-cylinder and making a combined 154 horsepower and 177 pound-feet of torque, or a more powerful setup used by Peugeot. As for the EV, assuming no change from the Avenger, the Milano would get a 54-kWh battery and front axle e-motor making 154 horsepower and 192 pound-feet of torque, and around the same 248 miles on a charge on the WLTP cycle. More speculative speculation supposes there could be a dual-motor all-wheel-drive Brennero evolved from the drivetrain in the Avenger 4x4 Concept, perhaps arriving for the 2025 model year in the Alfa, the Avenger, and the Fiat 600e. Just like we don't get the Avenger, we don't expect the Milano to make it this far north if it crosses the Atlantic. We'll know what other markets can expect when the SUV debuts in April 2024.