2022 Alfa Romeo Giulia Sprint on 2040-cars

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Stellantis expects strike to cost it $795 million in third-quarter profits

MILAN — Automaker Stellantis said Tuesday that the autoworkers strike in North America is expected to cost the company around 750 million euros ($795 million) in profits — less than its North American competitors. The Europe-based maker of Jeep, Fiat and Peugeot reported a 7% boost in net revenues to 45.1 billion euros, with production halts caused by the strikes costing the company 3 billion euros in sales through October. The net revenue boost was due to higher volumes in all markets except Asia. Chief Financial Officer Natalie Knight told journalists that StellantisÂ’ strike impact was lower than the other Big Three automakers due to its global profile as well as some high-profile cost-cutting measures, calculating the hit at around 750 million euros ($795 million.) GM, the last carmaker to reach a deal to end the strike, reported an $800 million strike hit. Ford has put its impact at $1.3 billion. “We continue to be in a very strong position globally and in the U.S. This is an important market for us, and weÂ’re highly profitable and we are very committed to our future," Knight said. “But mitigation is core to how we act, and how we proceed.” Stellantis has canceled appearances at the CES technology show in Las Vegas next year as well as the LA Auto Show, due to the strike impact. Stellantis on Saturday reached a tentative agreement with the United Auto Workers Union to end a six-week strike by more than 14,000 workers at its assembly plants in Michigan and Ohio, and at parts warehouses across the nation. Stellantis does not report full earnings for the third quarter, instead providing shipments and revenues. It said that global sales of electric vehicles rose by 37% over a year earlier, powered by the Jeep Avenger and commercial vehicle sales. North America continued to be the revenue leader, contributing 21.5 billion euros, an increase of 2% over last year, and representing nearly half of global revenues. Europe, the next biggest performing region, saw revenues grow 5% to 14 billion euros, as sales rose 11%. Related video: Earnings/Financials UAW/Unions Alfa Romeo Chrysler Dodge Fiat Jeep Maserati RAM

Touring's Disco Volante makes us green with envy [w/video]

In its entire production run, Alfa Romeo only ever built 500 examples of the 8C Competizione – just 90 of which ended up in the United States – and another 500 Spiders. That makes it a pretty rare car indeed, but it's positively commonplace compared to the Disco Volante, the version reborn by the talented and steady hands at Carrozzeria Touring Superleggera. In correspondece with Autoblog, Touring's CEO Piero Mancardi confirmed that the coachbuilder will only build eight examples of the Disco Volante, in colors chosen by their individual customers: one in black, one in blue, one in silver, the one in green you see here and the rest in different shades of red. That makes this particular example a one-of-a-kind work of art that we were privileged to behold here at the 2014 Geneva Motor Show, and you can see what we saw through the camera lens in the high-resolution image gallery above, or by checking out the video below. Featured Gallery Touring Disco Volante: Geneva 2014 View 20 Photos Related Gallery Alfa Romeo Disco Volante by Carrozzeria Touring Superleggera in green & gold View 38 Photos Image Credit: Live photos copyright 2014 Drew Phillips / AOL Geneva Motor Show Alfa Romeo Coupe Luxury Performance 2014 Geneva Motor Show touring alfa romeo 8c competizione carrozzeria touring superleggera disco volante

2022 Alfa Romeo GTV leaked image shows high performance coupe

Update: Turns out, the image came from the School of Design Milan and is not a leaked image of the upcoming Alfa GTV. We have since learned the image was of a rendering presented during a class. Alfa Romeo declared it was going to bring back the GTV name with a high-performance hybrid car last summer at its five-year plan conference. We got a teaser then, but now this image has surfaced online, initially appearing on the Italian Club Alfa website. It does indeed have the coupe bodystyle we surmised before. We're getting a grand tourer vibe from the styling right now, especially in knowing Alfa plans on giving the GTV 600 horsepower. The power will most likely come from the 2.9-liter twin-turbo V6 hooked up to some form of hybrid electric system. We've been told to expect all-wheel drive, torque vectoring and a 50/50 weight distribution for the GTV, along with a short electric-only range. Alfa's Giorgio platform was designed with electrification in mind, so this car will certainly ride on those underpinnings. That's great to hear, because the Giulia and Stelvio are both dynamic standouts in their respective classes. This car's looks looks set to take on other luxury grand tourers like the Lexus LC500 and BMW 8 Series. The GTV is set to be joined by a new 8C supercar with even more horsepower in 2022. That vehicle will also be using a hybrid powertrain. Both these cars are still a few years from production, but we may just see a concept or two at auto shows leading up to their eventual reveals.