1968 Alfa Romeo Giulia Gt 1300 Junior 105 Series on 2040-cars

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Fiat Chrysler's profit boosted by Ram and Jeep in North America

MILAN/DETROIT — Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. "We are open to opportunity," Manley said on a call with analysts. "I have no doubt why there still would be interest in it," he added, when pressed on what it would take to revive talks with Renault. Manley declined to comment further. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Manley said a merger was not a must-have and Fiat Chrysler's business plan was strong. The company said it remained confident its adjusted earnings before interest and tax (EBIT) would top last year's 6.7 billion euros ($7.5 billion). Given disappointing forecasts from other automakers this earnings season, FCA's confirmation of the outlook sent Milan-listed shares in the Italian-American automaker, whose other brands include Jeep, up over 4%. A broad-based auto sales downturn has rattled the sector, forcing FCA's competitors — including Renault, Daimler and Aston Martin — to cut their sales forecasts after second-quarter results, while U.S. carmaker Ford gave a weaker-than-expected 2019 profit outlook. Japan's Nissan, a long-term partner of Renault, said it would cut 12,500 jobs by 2023 after its earnings collapsed. In the second quarter FCA's adjusted EBIT totaled 1.52 billion euros, versus analysts' expectations of 1.43 billion euros, according to a Reuters poll. FCA's U.S. shipments were down 12% in the second quarter but the group said that the successful performance of its Ram brand resulted in an enhanced share of the large pickup truck market of 27.9%, up 7 percentage points from last year. Adjusted EBIT margin in North America rose to 8.9% from 6.5% in the first quarter, thanks to strong demand for the heavy-duty Ram and the new Jeep Gladiator pickup. Chief Financial Officer Richard Palmer also said FCA expected to report up to 10% margins in the region in both the third and fourth quarters.

2020 Alfa Romeo Giulia Luggage Test | Time for an Italian vacation

When it comes to handling and being fun to drive, the 2020 Alfa Romeo Giulia is right at the top. From its engaging and tossable Ti trim, to the totally bonkers Quadrifoglio, Alfa Romeo has some excellent options for those who love to drive. However, we aren’t exploring 0-60 mph times or steering feel today, so letÂ’s see how the Italian sedan holds up when it comes to suitcase stacking. Alfa Romeo doesnÂ’t list an official trunk capacity on its media website or its consumer-facing site, but itÂ’s very similar in size to the last luxury sedan I luggage tested: the 2020 Volvo S60. WeÂ’ll place the estimate to be around 12 cubic-feet. Just by eye-balling it, Alfa appears to be on the smaller side of the spectrum here, with its competition being the BMW 3 Series, Audi A4, Mercedes-Benz C-Class and several others. Note that I use different equipment than Riswick out in Portland: Two carry-on suitcases sized (24 inches long, 15.5 wide, 10 deep); one carry-on suitcase (21.7L x 13.7W x 9 D); one medium-size suitcase you have to check (24.5L x 16.8W x 11.5D) and two larger, full-size suitcases (33.8L x 21.5W x 13D) and (28.1L x 18W x 10.5D). It's not a power trunk, but you can pop it via the fob, a button by the driver footwell or a button on the trunk itself. Once open, I started with the carry-on suitcases. All three of those fit when turned on their sides, but a fourth would be impossible to squeeze in using that formation. ThatÂ’s due to the GiuliaÂ’s trunk becoming more restrictive in both depth and width deeper inside of it. YouÂ’ll notice the curved intrusions at the back of the trunk pictured below. They make shoving a suitcase all the way back in there impossible, as there isnÂ’t enough space next to the other three suitcases. The opening itself is rather small, too, forcing me to contort the suitcases as I lay them in. Instead, I decided to stick the fancy bag (22L x 8.8W x 12D) in there. ItÂ’s smaller and better suited to the space that remains, fitting perfectly within that nook. ThatÂ’s not ideal, but plenty of room for two people on a longer getaway. Next up: full-size suitcases. One of them fit right in without issue, but the second full-sizer I use for testing would not. Once again, this is due to the width restrictions imposed by the trunk walls coming in on both sides at the back. I did manage to fit the medium-size suitcase next to the one full-sizer if both were turned on an angle.

Is your new-car warranty good at the race track?

We've all heard the horror stories. Your buddy knows a girl that was dating a guy whose best friend's brother once broke his brand-new, recently purchased performance car while making runs at a drag strip or laps at a track day, and the manufacturer wouldn't cover the repair under warranty. True story? Urban legend? Complete crap? Yes, no, maybe. One thing's for sure: Automotive warranties have always come with caveats. In 1908, an ad in the Trenton Evening Times clearly stated: "All Ford Cars Guaranteed for One Year." Although it changed over time, by 1925 the Ford New Car Guarantee only covered 90 days on material and 30 days on labor, and it clearly stated that that there was "No guarantee whatever on Fan Belts, Glass, Bulbs, Wiring, Transmission, Bands, Hose Connections, Commutator Shells, Rollers, Spark Plugs or Gaskets." Whether or not Ol' Henry would pay to fix your Model T if you broke it shaving a tenth off your lap time at the local board track seems to be lost to history. We're guessing no. But what about today? Do new-car warranties in 2017 cover cars when they are driven on race tracks? We researched the warranties of 14 auto brands to find out, and the answer is yes, no, maybe, depending on the brand, in some cases the model, and whether or not your car is modified from stock. Acura has been out of the high-performance car game for a number of years, but jumps back into the party in 2017 with its hybrid-powered $173,000 NSX supercar. And Acura's warranty, as well as Honda's, clearly states that it does not cover "the use of the vehicle in competition or racing events." View 33 Photos So we asked Sage Marie, Senior Manager of Public Relations for Honda and Acura. "If the car is stock, the warranty covers it on a track just as it does on the street. No question," he told us. "However, if the car is modified, say with slick tires or other components that would put higher stresses on the vehicle's parts and systems, then we would have to investigate the circumstances further." Marie went on to say the same would be true for any Acura model or Honda vehicle, including the new 2017 Honda Civic Si. This became a common theme. Chevrolet actually started this practice with the fifth-generation Camaro on the high-performance ZL1 and Z/28 models.