Kamm Tail Spider on 2040-cars

Auto blog

Chrysler earns $1.7B in 2012, revises product plans for US

Hot on the heels of Ford's earnings announcement for the year that was, Chrysler today reported a 2012 net income of $1.7 billion, up substantially from the comparatively minuscule $183 million profit earned in 2011 when it repaid its US government loans.
Chrysler's good year ended with an excellent fourth quarter that saw net income rise 68 percent from $225 million in 2011 to $378 million. Where are all those extra earnings coming from? Market share, which Chrysler saw increase to 11.4% last year on sales of 1.65 million vehicles. In fact, the Auburn Hills, MI-based automaker out-paced the industry's market growth of 13 percent last year with sales up 21 percent for the year.
The company also revealed an updated product plan for its Chrysler Group and Fiat brands that looks all the way out to 2016. It's an updated version of the plan introduced in 2009 shortly after Fiat took control of the American automaker, and includes such new additions as an Alfa Romeo model, likely the 4C, to be introduced in the US this year, as well five more Alfa models by 2016. Likewise, Fiat will be growing by an additional seven models in the coming few years.

Alfa Romeo Giulia Spider rightfully fawned over by Petrolicious

Following the Top Gear adage "You can't be a true petrolhead until you've owned an Alfa Romeo," is rather difficult for those of us in North America. Faced with a distinct lack of new cars and an equally disturbing abundance of vintage basketcases, the road to Alfa ownership is a difficult one for residents of the new world. Where there's a will, there's a way, though, and the benefits certainly seem worthwhile, as we see with Casey Annis and his gorgeous 1962 Alfa Romeo Giulia Spider Veloce 1600. Annis is the publisher and editor of Vintage Racecar Magazine, so he knows a thing or six about these classic Alfas. The video discusses his Alfa, which has been upgraded to Veloce specifications, as well as what the Alfa community is like as a whole. Petrolicious has the story on Annis and his Alfa in its latest video. Fans of classic Italians are not going to want to miss this one. News Source: Petrolicious via YouTube Alfa Romeo Convertible Performance Classics Videos petrolicious alfa romeo spider

Chrysler appoints new heads of Alfa Romeo and Ram

Chrysler has announced to two key appointments to its senior leadership, both of them taking immediate effect. First up is Reid Bigland, who has been named head of the Alfa Romeo brand for North America. Bigland has served until now as head of the Ram Truck brand, a portfolio he now hands over to Robert Hegbloom, who had served until now as its director.
As a result of the appointments, both Bigland and Hegbloom will take up seats on Chrysler's NAFTA Leadership Team, and Bigland will also join the Fiat Chrysler Group Executive Council - the highest decision-making body in the Fiat Chrysler Automobiles empire.
As per Sergio Marchionne's leadership style, Bigland will continue to serve in two major capacities, maintaining his role as president and CEO of Chrysler Canada. Other senior executives who hold multiple key portfolios include Harald Wester (who serves as the group's Chief Technology Officer and also overseas Alfa Romeo, Maserati and Abarth), Olivier Francois (group Chief Marketing Officer and head of the Fiat brand) and Michael Manley (head of the Asia-Pacific region and the Jeep brand).