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Alfa Romeo's next GTV could arrive as an electric flagship sedan

Like every brand under the Stellantis umbrella, Alfa Romeo has until 2030 to prove it deserves to live. It's reportedly planning a major overhaul that could bring the well-known GTV nameplate back to the range on an electric sedan. Newly-minted company boss Jean-Philippe Imparato recently said he's "very interested" in making a modern-day GTV, though he significantly warned nothing was set in stone yet. British magazine Autocar understands that all options remain on the table, and one of them is putting the GTV emblem on a battery-powered sedan with a coupe-like roof line. Simultaneously GT and EV, it would be the Italian firm's answer to the BMW i4, among other sedans. It would slot at the very top of the lineup, at least in terms of price and probably in terms of performance. If the rumor is accurate, it would mark the first time the GTV nameplate appears on a four-door in the Alfa Romeo portfolio. It's been used on a number of models since its introduction on a gorgeous, Bertone-designed coupe in 1965, and they've all had two doors. Alfa Romeo came close to dusting off the GTV nameplate on a two-door version of the Giulia which would have been aimed at the BMW 4 Series and Audi's A5 line. While this strategy would have followed tradition (the original GTV was closely related to the original Giulia), the project was canned at an advanced stage due to a perceived lack of demand. Had it been launched, it would have offered a 50/50 weight distribution and about 600 horsepower. Alfisti who find the idea of an electric, four-door GTV unpalatable shouldn't worry yet. Insiders told Autocar that the nameplate might alternatively make a comeback on hybrid coupe; its fate hasn't been decided yet. Of course, it could also not return and remain in the history book, where it's been since the last GTV retired in 2004. What's seemingly certain is that new Alfa Romeo models are around the corner. One is the production version of the Tonale concept, which was reportedly delayed by Imparato earlier in 2021 due to issues with the hybrid system that will be available at launch. Replacements for the Giulia and the Stelvio are said to be in the pipeline, too.  Related Video: Green Alfa Romeo Electric Future Vehicles Performance Sedan

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

Scrapyard Gem: 2011 Alfa Romeo Giulietta

Alfa Romeo first applied the Giulietta name to its cars in 1954, producing that legendary generation through 1965. The name was revived on a wild-looking sedan for the 1977-1985 period, just before Fiat bought the company, and then returned on a compact hatchback for the 2011 model year. Today's Junkyard Scrapyard Find is one of those first-year third-gen Giuliettas, found in a self-service yard in Yorkshire, England. Copart-owned U-Pull-It has two stores in Great Britain, one in England and the other in Scotland. I have documented quite a few not-available-on-our-side-of-the-water vehicles found during my trip over there, including a 2005 Smart ForFour, a 2002 BMW 320td, a 2005 Vauxhall Tigra TwinTop, a 2008 Mitsubishi i, a 2007 Mitsubishi Colt, a 2006 Peugeot 307 CC, a 2006 Hyundai Matrix, a 2006 Ford StreetKa, a 2000 Honda HR-V, a 1994 Rover 620 Si, a 2010 Peugeot Bipper, a 2009 Alfa Romeo Brera S, a 2010 Citroen C4 Picasso, a 2005 MG ZT 190 and a 1963 Bentley S3. This generation of Giulietta stayed in production through 2020, after which it was replaced by a Jeep Compass-related crossover that you can buy in the United States today. This car's closest U.S.-market relative was the 2013-2016 Dodge Dart, which was built on a widened version of the Giulietta platform; the 2015-2017 Chrysler 200 lived on a longer-wheelbase variation. The current Chrysler Pacifica still rides on a descendant of that chassis. Alfa Romeo managed to get the Giulietta into a starring role in Fast & Furious 6, back in 2013. There was talk in the early 2010s that the new Giulietta might be sold in the United States, but those tales turned out to lead nowhere. Instead, the 4C ended up being the first new Alfa Romeo available here since the last Spider Veloces and 164s were sold as 1995 models. I couldn't get the bonnet open on this car, quickly losing patience thanks to fingers frozen solid by Yorkshire January weather, so we'll just have to speculate about the engine beneath. Giulietta shoppers in the U.K. market could get the '11 with one of eight engine choices, ranging from the base 1.4 MultiAir straight-four petrol-burner and its 120 horsepower all the way up to a screaming 1.75-liter straight-four with 235 horses. Fiat Multijet diesels in 1.6- and 2.0-liter form were available as well. This one has the base six-speed manual, which Dart buyers could get bolted into their cars (few did so).