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Sergio rethinks FCA-GM merger idea, dismisses critics

After many public overtures, Fiat Chrysler Automotive CEO Sergio Marchionne has claimed his company won't be making a hostile takeover bid for General Motors. This is despite widespread speculation that FCA's desire to merge was motivated by its allegedly dire situation. As one unnamed GM exec who spoke to Automotive News earlier this year put it, "Why should [GM] bail out FCA?" "We are not choking. We are in relatively decent shape," Marchionne told journalists attending an FCA shareholder meeting in Amsterdam, AN reports. "We have been publicly rebuffed, we have been rejected and you cannot force these things. I don't want to. At the moment, we have no intention to do anything hostile." Instead of focusing on merging with GM, or any other partners for that matter, FCA will refocus on implementing its ambitious five-year investment plan, which would see it dump $52 billion into its various brands, with a particular focus on Alfa Romeo, Maserati, and Jeep. So far the attempt has largely been unsuccessful, especially as it relates to the Italian brands. Earlier this week, additional reports emerged that claimed Alfa was pushing back the Giulia and an unnamed CUV while reassigning resources to updated versions of the Giulietta and MiTo hatchbacks. This is not the first time we've heard about trouble for the Giulia, of course. For Masearti, though, it was the first we'd heard of delays for Alfieri sports car, which allegedly won't appear in 2016, as promised. We can expect a proper breakdown of FCA's adjusted plans when Marchionne and Company reveal an updated product slate next month. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience. News Source: Automotive News - sub. req.Image Credit: Paul Sancya / AP Alfa Romeo Chrysler Fiat GM Jeep Maserati Sergio Marchionne FCA

Alfa Romeo shows off Giulia and Stelvio GT Junior special editions

Alfa Romeo has announced a pair of new special editions commemorating the 1966 GT 1300 Junior. The Giulia and Stelvio GT Junior series are only available in Europe, and were inspired by the beloved predecessor to the legendary GTV. The Alfa Romeo GT 1300 Junior was part of a larger series of coupes from the 105 and 115 family. Built on a shortened Giulia chassis of the same era, lightweight aluminum-bodied GTAs and GTVs became a force in road racing, as well as GTC cabriolets and versions modified by carrozzerias. Possessing all the style of the Giugiaro-penned top-spec versions but with a less powerful engine and more affordable price tag, the GT 1300 Junior was by far the best seller of the range. It was a bona fide hit, and Alfa Romeo moved over 90,000 units from 1966-76. As the name suggests, the GT 1300 Junior had a 1.3 liter four-banger. Its 89 horsepower was delivered through a five-speed manual to the rear wheels. Weighing only a little over 2,000 pounds, its excellent handling helped make it an iconic model for the Alfa Romeo brand. To evoke the GT 1300 Junior, the Giulia and Stelvio have been dipped in an exclusive gold color called Lipari Ochre, a modern take on one of the GT 1300 Junior's most memorable hues. Both modern Alfas come with five-hole wheels, 19 inches on the Giulia and 21 inches on the Stelvio. There are no performance modifications to either vehicle. The Giulia and Stelvio come with either a 2.2-liter turbodiesel engine making 210 horsepower or a petrol 2.0-liter turbo four-cylinder generating 280 horsepower. Both are mated to an eight-speed automatic via a carbon-fiber driveshaft. The Giulia can be optioned with a rear-wheel-drive or all-wheel-drive drivetrain, while the Stelvio comes only in AWD flavor. Alfa Romeo says the GT Junior editions are the third in a trilogy of special editions that began with the 500-unit and wildly be-spoilered Giulia GTAm that debuted in May. That sold out almost immediately, and was followed by 6C Villa d’Este editions of the Giulia and Stelvio paying homage to 1949 6C 2500 SS. The company hasn't said how many units of the GT Junior will be sold, but they won't be coming to the U.S. anyway. Related video:

Alfa Romeo Stelvio caught hiding under ugly black camouflage

The vehicle you see here, bedecked as it is in camo-shaped warts and baubles, is the Alfa Romeo Stelvio. Behind all that ungainly black plastic hides a jacked-up crossover based on the bones of the upcoming Gulia sedan, which, painfully, we're still waiting to officially launch. Suffice it to say that we're not expecting to see a production version of the Stelvio until much later in 2016. Up front, the well-established rounded-triangle grille that marks the Alfa Romeo marque comes through loud and clear... though it looks a little bit sickly covered in all that cladding. We're sure it'll be appropriately prettied up for production, and we're equally certain the slit-like headlamp cutouts are hiding stylish swept-back lighting units. We can't make out much of the Stelvio's bodysides, but we see some nicely aggressive rolling stock to go along with what appears to be a pretty steeply raked greenhouse. View 10 Photos That incongruously shaped chunk hanging off the back glass was likely tacked on to hide the shape of the actual tailgate, and perhaps there are some sensors or computers hanging around inside the box to feed more data to engineers. There's no telling what's powering this Stelvio mule, but it could be a version of the 2.9-liter, 505-horsepower, twin-turbo V6 that we can't wait to sample in the Guilia Quadrifoglio Verde. For production, expect four- and six-cylinder options, in both gasoline and diesel flavors, depending on where the car is sold. We can clearly see the Stelvio is out on the road, generating test miles ahead of a hoped-for release in early 2017. The next logical question, then, is this: Will Alfa Romeo actually launch the Stelvio on time? Related Video: Image Credit: Brian Williams/Spiedbilde Spy Photos Alfa Romeo Crossover Future Vehicles alfa romeo stelvio