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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.

Best in Show: 1937 Alfa Romeo 8C 2900B Touring Berlinetta wins at Pebble Beach

PEBBLE BEACH, Calif. — Well over 200 vehicles from 17 countries competed for Best in Show honors at the 2018 Pebble Beach Concours d'Elegance, but there could be only one winner: the 1937 Alfa Romeo 8C 2900B Touring Berlinetta you see above. The deep blue bodywork of the vehicle was first seen at the 1938 Berlin Motor Show, and the vehicle was recently restored to its original show condition. This Alfa Romeo is owned by David and Ginny Sydorick. "This car is one of only five built, and it has recently been completely restored, taking a huge amount of effort and dedication from all those involved," said Sydorick after the win. The '37 8C 2900B Touring finished ahead of a 1929 Duesenberg J Murphy Town Limousine and a 1948 Talbot-Lago T26 Grand Sport Figoni Fastback Coupe for the golden ribbon. This is the third time an Alfa Romeo has won the coveted Best in Show trophy at Pebble Beach, the first an 8C 2900B Touring Spider in 1988 and the second an 8C 2900B Touring Coupe in 2008. Last year's winner was a silver and blue 1929 Mercedes-Benz S Barker Tourer. Related Video: Featured Gallery 1937 Alfa Romeo 8C 2900B Touring Berlinetta: Pebble Beach Misc. Auto Shows Alfa Romeo Automotive History Coupe Luxury Special and Limited Editions Classics Pebble Beach

1932 Alfa Romeo 8C 2300 Spider wins top prize at Villa d'Este

Every year, a selection of the most beautiful automobiles ever made travel to the shores of Lake Como in Italy, for the Concorso d'Eleganza Villa d'Este. Only one of them can be named the belle of the ball, however, and this year, top honors went to a classic 1930s-era Alfa Romeo. The 1932 Alfa Romeo 8C 2300 Spider owned by American collector David Sydorick won the Best in Show award. The deep red roadster is entered the circle of finalists after winning the B class for "Pre-war sports cars which defied the Great Depression." The classic Alfa features coachwork by Zagato. The coachbuilder notes that another one of its creations – a 1956 Maserati A6G/54 also owned by an American collector – won the post-war class. The modern Maserati-powered Mostro, which Zagato revealed at the concours and delivered to its first customer, did not win the Concepts and Prototypes class. (But we've included an updated image gallery below just the same). That award went to the Bentley EXP 10 Speed 6. The people's choice Coppa d'Oro was awarded to the 1950 Ferrari 166 MM Barchetta by Touring, while a 1973 Munch-4 TTS-E won the motorcycle category. Related Video: Concorso d'Eleganza Villa d'Este 2015: Winners dazzle at the time-honoured Classic Weekend on Lake Como Munich/Cernobbio. An impressive parade of all the cars and motorcycles entered in competition and the announcement of this year's prize winners provided a dazzling Classic Weekend on the banks of Lake Como with a fitting climax late on Sunday afternoon in front of thousands of spectators. The Concorso d'Eleganza Villa d'Este had once again underlined its stand-out status on the exclusive event calendar for historic cars and motorcycles. All eyes were trained on the line-up of precious classic machines and striking concept cars over the two days of the Concorso. Under a pleasantly warm sun, the event's "Seventies Style – the Jet Set is back" banner spanned a host of special exhibitions and highlight features, creating a fitting stage for a weekend that will live long in the memory. As ever, the best was left until last. The jury of experts provided the event with its crowning moment as the Trofeo BMW Group for "Best of Show" was awarded to an Alfa Romeo 8C 2300 Spider from 1932. The Coppa d'Oro Villa d'Este prize decided by public referendum was won by a Ferrari 166M Barchetta from 1950.