1974 Alfa Romeo Spider Veloce Convertible 2-door 2.0l on 2040-cars

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Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.

I love the Disco Volante Spyder

For the past couple of years, Touring Superleggera has always given me reason to pause at the Geneva Motor Show. Casually sitting on the company's rotating stand is the Disco Volante, an absolutely exquisite version of the Alfa Romeo 8C with custom bodywork. I first saw it in red, then green, and now in a powder blue, as a Spyder. Only seven of these open-top Discos will be built, and I want one. Photos do not do this car justice – you really have to see it in person. For those of you who won't make it to Geneva this year, this video gives a better look at the curves and lines of Carrozzeria Touring Superleggera's creation. The tuning house is celebrating its 90th anniversary this year, and the new Disco Volante Spyder is (arguably) some of its finest work. Plus, bonus points for the name alone. How cool would it be to tell your friends you've got a Disco Volante in the driveway? But don't just take my word for it. Have a look at the gorgeous little two-door in the gallery below. View 13 Photos Image Credit: Live photos copyright 2016 Drew Phillips / AOL Design/Style Geneva Motor Show Alfa Romeo Convertible Original Video 2016 geneva motor show touring superleggera

Alfa Romeo abandoned the Spider to focus on crossovers

As much as enthusiasts like to forget or deny it, automakers are in the business of making money, and sometimes that means doing things that seem counter to a brand's image or history. Alfa Romeo, for example, is attempting to make a comeback in the US. The make has a long history of making sporty vehicles, so news that Alfa has ceased plans on some new cars in order to focus on crossovers should be disappointing, but far from surprising. The new Fiat 124 Spider, based on and build alongside the Mazda Miata, was originally supposed to be a new Alfa Romeo Spider. A while back, Fiat Chrysler Automobiles CEO Sergio Marchionne has said that as long as he's in charge, Alfas will be built in Italy. That seemed to be reasoning enough for the new car's switch to Fiat, but Automotive News is reporting that the company actually abandoned the new Spider in order to build SUVs. The Spider isn't the only vehicle that appears to be off the table. While the new BMW 3 Series-sized Giulia is set to hit dealers later this year, larger sedans meant to compete against the 5 Series and 6 Series have been axed. Alfa's first crossover, the Stelvio, is expected to debut later this year. The company has plans for a Giulia-based crossover as well. A lot of this seems counter to Alfa and FCA's five-year plan that was announced fewer than three years ago. Then, the 400,000 annual sales target worldwide by 2018 powered by Italian-designed and -built engines. In actuality, the company has struggled to get even the Giulia to market, delaying everything else in its wake. Related Video: