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Alfa Romeo Stelvio Utility Vehicle Spy Shots | Autoblog Minute

Latest spy shots of Alfa Romeo's utility vehicle, the Stelvio. Alfa Romeo SUV Autoblog Minute Videos Original Video alfa romeo stelvio

Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.

2022 Alfa Romeo Giulia, Stelvio get more safety, convenience features

Although the 2022 Alfa Romeo Giulia sports sedan and the Stelvio crossover aren't significantly different for the new model year, they do boast a bunch of new features as standard. These include safety, convenience and the odd appearance feature. The trim names have been tweaked slightly, too, and base prices are up from last year. Leading the new standard features are safety ones. All Giulias and Stelvios now have blind-spot monitoring with emergency intervention, adaptive cruise control, lane-departure warning, automatic high-beam headlights and front and rear parking sensors. As for convenience, all these Alfas get front and rear heated seats, navigation, wireless phone charging, and an auto-dimming rearview mirror. Finally, both Alfas get slightly sportier looks with dark trim. The Giulia and Stelvio Sprint and Veloce trims now have standard paddle shifters, and aluminum pedals have been added to select trims. 2022 Alfa Romeo Stelvio View 9 Photos Speaking of trim levels, the line-up has been slightly tweaked. Veloce replaces the Ti Sport trim level. Sprint still represents the base trim, with the regular Ti focusing on luxury. The Quadrifoglio trims carry on as well. Base prices have climbed for both models, though. The Giulia Sprint increases by $1,940 to $44,445, and the Stelvio Sprint goes up by $2,140 to $46,645. You can find base prices for all Giulia and Stelvio models listed below. Giulia Sprint: $44,445 Ti: $47,245 Veloce: $52,385 Quadrifoglio: $81,525 Stelvio Sprint: $46,645 Ti: $52,355 Veloce: $53,825 Quadrifoglio: $88,345 Related Video: