1971 Alfa Romeo Spider Veloce Convertible 2-door 2.0l on 2040-cars

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For his last act, Marchionne will outline an EV/hybrid roadmap this week

MILAN/LONDON — Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world's seventh-largest carmaker remains in the race in the absence of a merger. The 65-year-old will present FCA's strategy to 2022, his final contribution to the company he turned around and multiplied in value through 14 years of canny dealmaking. After failing to secure a tie-up he said was necessary to manage the costs of producing cleaner vehicles, Marchionne needs to show the group can keep churning out profits on its own, even as emissions rules tighten, SUV competition intensifies and worries around his succession abound. Marchionne had long refused to jump on the electrification bandwagon, saying he would only do so if selling battery-powered cars could be done at a profit. He even urged customers not to buy FCA's Fiat 500e, its only battery-powered model, because he was losing money on each sold. But Tesla's success and the need to comply with tougher emissions rules have forced Marchionne to commit to what he calls "most painful" spending. "FCA is way behind rivals in terms of hybrid and electric vehicles and they need to hit the accelerator to convince investors they can close that gap," said Andrea Pastorelli, a fund manager at 8a+ Investimenti. Germany's Volkswagen, Daimler, BMW and U.S. rivals GM and Ford have committed to spending billions of euros each in coming years to try produce profitable cars powered by cleaner fuels. FCA needs to present a clear roadmap, just like Volvo Cars, which ditched diesel from its best-selling XC60 SUV, launched a new electric brand and pledged to shift all brands to hybrid by 2019, a banking source close to FCA said, noting: "The tech divide determines winners and losers in the industry." Marchionne has already said half of the wider FCA fleet will incorporate some elements of electrification by 2022, while luxury marque Maserati will spearhead FCA's electrification drive by making all new models due after 2019 electric. But its plans remain vaguer and less advanced than most big rivals and some investors wonder about the capital required to make vehicles compliant, and what share of spending can go to electrification given FCA's numerous demands.

Fiat reconsidering Mazda-based Alfa Romeo roadster? [w/poll]

Alfa giveth and Alfa taketh away. With apologies to Job (he has gone through a lot, after all), that's how things are looking at the Italian automaker - whether it's the promise of new products or its impending return to the North American market. But it's especially true when it comes to new roadsters.
While Alfa Romeo is expected to unveil the 4C Spider at the Geneva Motor Show this week, reports are now suggesting that its other roadster project is being called into question. That project is a joint venture between Fiat and Mazda, which was set to produce a version of its next MX-5 Miata as an Alfa Romeo, and was even changing the design to accommodate Alfa's requirements.
Now it appears, however, that the whole project in doubt. The problem seems to stem from Sergio Marchionne's pronouncements that, as long as he's in charge, there won't be an Alfa Romeo built outside of Italy.

Lightly-camouflaged Alfa Romeo Stelvio snapped testing

With the Alfa Romeo Stelvio's expected reveal date at the Los Angeles Auto Show quickly approaching, we're not surprised to see prototypes testing in broad daylight with less and less camouflage. But even these latest spy shots make it difficult to determine details about the upcoming SUV. Just like before the headlights are disguised by heavy tape, but appear to be nearly identical to the ones found on the Giulia sedan. There's also a small v-shaped grille at the front with two rectangular ones on the bottom of the front fascia. The hood has three oddly-shaped ridges, but those are probably more camo to disguise actual creases. Previous SUVs were spotted with much smaller ruffles on the hood. The overall profile of the prototype remains the same as the ones we've spotted earlier with a design that mimics the Porsche Macan. The bulbous rear end of the SUV hasn't changed much either. The familiar taillights are still taped off, but appear to be taken straight from the Giulia. The massive exhaust tips, though, are new and would be more at home on a sports car. With the Stelvio expected to get the same gasoline and diesel powertrains as the Giulia, the weapon-sized exhaust tips on the prototype hint towards the possibility of the SUV getting the 2.9-liter V6 from the Giulia Quadrifoglio. Related Video: Featured Gallery Alfa Romeo Stelvio Exterior Spy Shots View 12 Photos Image Credit: CarPix Design/Style Spy Photos Alfa Romeo Crossover SUV alfa romeo giulia alfa romeo stelvio