1966 Alfa Romeo 2600 Spider - 5spd - Disc Brakes - Rare Example on 2040-cars

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Stellantis earnings rise along with EV sales

AMSTERDAM — Automaker Stellantis on Wednesday reported its earnings grew in 2022 from a year earlier and said its push into electric vehicles led to a jump in sales even as it faces growing competition from an industrywide shift to more climate-friendly offerings. Stellantis, formed in 2021 from the merger of Fiat Chrysler and FranceÂ’s PSA Peugeot, said net revenue of 179.6 billion euros ($191 billion) was up 18% from 2021, citing strong pricing and its mix of vehicles. It reported net profit of 16.8 billion euros, up 26% from 2021. Stellantis plans to convert all of its European sales and half of its U.S. sales to battery-electric vehicles by 2030. It said the strategy led to a 41% increase in battery EV sales in 2022, to 288,000 vehicles, compared with the year earlier. The company has “demonstrated the effectiveness of our electrification strategy in Europe,” CEO Carlos Tavares said in a statement. “We now have the technology, the products, the raw materials and the full battery ecosystem to lead that same transformative journey in North America, starting with our first fully electric Ram vehicles from 2023 and Jeep from 2024.” The automaker is competing in an increasingly crowded field for a share of the electric vehicle market. Companies are scrambling to roll out environmentally friendly models as they look to hit goals of cutting climate-changing emissions, driven by government pressure. The transformation has gotten a boost from a U.S. law that is rolling out big subsidies for clean technology like EVs but has European governments calling out the harm that they say the funding poses to homegrown industry across the Atlantic. Stellantis' Jeep brand will start selling two fully electric SUVs in North America and another one in Europe over the next two years. It says its Ram brand will roll out an electric pickup truck this year, joining a rush of EV competitors looking to claim a piece of the full-size truck market. The company plans to bring 25 battery-electric models to the U.S. by 2030. As part of that push, it has said it would build two EV battery factories in North America. A $2.5 billion joint venture with Samsung will bring one of those facilities to Indiana, which is expected to employ up to 1,400 workers. The other factory will be in Windsor, Ontario, a collaboration with South KoreaÂ’s LG Energy Solution that aims to create about 2,500 jobs. The EV push comes amid a slowdown in U.S.

Watch Alfa's 4C storm up Goodwood's hillclimb course quicker than a Corvette

Alfa Romeo's gorgeous 4C remains a car that we in the United States are forced to admire from afar. Thankfully, our petrolheaded brethren in the UK and Europe seem all too happy to flaunt the 4C at most every opportunity. Take this video of the team at Goodwood, running the mid-engined Alfa up the estate's historic hill. Watching the 4C run the course while belting out its adorably angry engine note is plenty entertaining on its own. Of course, it gets better when the Goodwood folks lay down some serious rubber following the car's 61.1-second lap. That number bests the wet time of the Chevrolet Corvette Stingray, by the way. Have a look below for the full video from the team at Goodwood.

2021 Alfa Romeo Giulia Review | Still the driver's choice

Nearly every luxury sport sedan similar in size to the 2021 Alfa Romeo Giulia is a great driving car, but none can topple Alfa from its throne as the best. Its quintessential sport sedan combination of agile handling, superior driver communication and powerful engines is the best in the business. Unfortunately, the highs are high, and the lows are low when it comes to the Giulia.  The interior is better now than it was at the beginning, but it’s still less than the Germans in both luxury and technology. A frustrating and laggy touchscreen infotainment system is hardly an improvement over the non-touch interface of before. A palatial back seat has never been a sport sedan trademark, but the Giulia's competitors nevertheless out do it in that regard too (should you care). And of course, thereÂ’s the question of long-term reliability. We hope that Alfa Romeo has worked out the GiuliaÂ’s reported issues over the years, but reliability is worth considering with the carÂ’s troubled history. Many of these flaws might be worth looking past if you want the ultimate driverÂ’s sport sedan, especially if youÂ’re thinking about the dynamite Quadrifoglio and its brilliant Ferrari-derived engine. What's new for 2021? After the heavy 2020 updates, not much changed for 2021. The trim options are streamlined to just four now: Sprint (new base trim name), Ti, Ti Sport and Quadrifoglio. AlfaÂ’s dual-pane sunroof is made standard on Ti, and the limited-slip differential is now standard on Ti Sport. A number of new colors are available: Ocra GT Junior, Rosso GTA, Rosso Villa d'Este and Verde Montreal. Nothing changes for the Quadrifoglio. What's the GiuliaÂ’s interior and in-car technology like? AlfaÂ’s upgrades for 2020 focused on improving the GiuliaÂ’s cabin, and itÂ’s much better for it. Materials on the steering wheel, dash and center console are more in touch with luxury expectations, and the control interfaces are sturdy, quality parts. The overall result still doesn't match most competitors, but it's no longer objectionable, and the materials generally feel nice to the touch. The design itself is attractive and minimalist. It lacks the Swedish flair of a Volvo S60 or the drama of some of the offerings available from Lexus and Mercedes, but Alfa was sure to pack in just enough Italian flair (red leather helps) to keep things interesting.