1976 Alfa Romeo Spider 2000 Convertible 5 Speed on 2040-cars

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Share price falls on skepticism of Chrysler-Fiat five-year plan

Following this week's Fiat Chrysler extravaganza, where the Italian-American manufacturer announced its plans for the next five years, the Autoblog staff was cautiously optimistic of the company's future. Investors? Not so much.
Fiat saw its shares tumble 12 percent in Wednesday's trading, falling from 8.67 euros ($12.06 at today's rates) to 7.44 euros ($10.35) as of this writing, with blame partly going to the Italian half of the FCA marriage, which recorded a pretty significant drop in profits during the first quarter of this year.
The plan, which will cost around $77 billion over the next several years, is facing criticism from investors thanks in part to a 1.4-percent drop in Fiat's first-quarter profits, to 622 million euros ($862 million). That figure is also short of Bloomberg analysts' projections, which predicted $1.18 billion in profits before taxes, interest and one-time items.

It's finally here! | 2017 Alfa Romeo Giulia First Drive

There's been an Alfa Romeo Giulia-shaped hole waiting to be filled in the American car market for what feels like forever. A couple years ago, Alfa rejoined the US car party with the flawed but hugely entertaining 4C, reigniting passions after a decades-long absence but leading to little in the way of sales volume. That single offering acted only as a tease for those wanting a properly practical, five-person sports sedan. After a true-to-Italy leisurely wait, the Giulia has arrived. The 2017 Alfa Romeo Giulia puts some practical meat on the bone for American drivers bored of the usual Audi A4/Mercedes C-Class/BMW 3 Series suspects. Even better, the new Italian-made sedan comes packed with some heavy artillery, the top Quadrifoglio model offering 505 horsepower and returning a 3.8-second 0–60 mph run as well as a shockingly quick Nurburgring Nordschleife time of 7:32 – which, for the record, makes it the fastest four-passenger production car around the 12.9-mile circuit. For context, that's six seconds quicker than a Lamborghini Gallardo LP570-4 Superleggera, and a full 20 seconds faster than a BMW M4. Our first taste of the highly anticipated Giulia brought us to Sonoma Raceway and some local roads nearby in California's wine country. As we approach the pack of cars warming in pit lane, there is further evidence that the Giulia Quadrifoglio is serious: its Ferrari-derived 2.9-liter twin-turbo V6 sounds snarly and sweet, and cars passing on track report raspy exhaust coughs between shifts. When you go to get in, there's a slight chance of bumping your head on the low-slung roof – wouldn't be an Italian car without an ergonomic quirk, right? The test car appears to be equipped with a full gamut of options: leather across the dash, carbon-fiber trim breaking up the bovine bits, an Alcantara- and leather-covered steering wheel, and the standard eight-speed automatic (the only transmission option for US-market Giulias). This is a distinctly Italian execution, with unique details like green and white top-stitching. But there are also splashes of conventional design throughout, including the analog tach and speedo with a multifunction screen positioned between them, and a steering wheel flanked by tall aluminum shift paddles that are attached to the column and remain stationary.

2015 Alfa Romeo 4C Spider First Drive [w/video]

New cars are getting, to quote Alice during her Adventures in Wonderland, "curiouser and curiouser." Take the Alfa Romeo 4C, a car from a mass-market European brand with supercar-like construction at a price that starts under $55,000. The exotic looks on the outside are countered with an almost pre-war era lack of frills on the inside, but the 4C drives like a street-legal go-kart when you put it to work. That price is either a bargain or a ripoff, depending on your priorities. This oddity now has a topless variant in the 2015 Alfa Romeo 4C Spider, which is almost identical to the coupe at first glance. On the stat sheet, two numbers separate this open-top car from its closed-cabin sibling. The first is ground clearance, which goes down in the Spider: 4.4 inches here compared to 4.5 inches in the coupe. The second number is 22. That's how many pounds the Spider gains by losing its roof, for a claimed weight of 2,487 pounds. Alfa Romeo senior product planner Fabio Migliavacca says none of that mass comes from body reinforcement. The 4C's carbon fiber tub was engineered for convertible duty from the go. Alfa Romeo engineered the 4C's carbon fiber tub to handle convertible duty from the beginning, so the roof on the coupe – made of the same sheet-molded compound as the rest of the body – isn't a structural member. The Spider's canvas soft top accounts for an extra 14.3 pounds, making it heavier than the roof on the coupe. And yes, you read that correctly, the Spider comes standard with a canvas top. The optional carbon fiber roof panel costs $3,500. In fact, the options list is so full of woven composite accessories that, during the presentation, one journalist asked if the $1,595 charge for destination and handling could also be had in carbon fiber. The other 7.7 pounds comes from small alterations. The Spider gets larger mufflers – 11-liter cans here, as opposed to eight liters on the coupe - for a richer exhaust note. The car's rear haunches are reshaped to be fuller than those on the hardtop, and the engine cover is now a single solid piece, without the coupe's revealing clear insert. A few changes on the Spider will come to the coupe, including a pair of cellphone pockets, one next to each seat. The awful Parrot stereo goes away, replaced by a more friendly Alpine unit. Some coupe options are standard features on the Spider, like the full leather interior. Two of the six seat styles and four of the six available wheels are exclusive to the Spider.