1978 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.

This is the Alfa Romeo Tonale compact crossover in official images

Alfa Romeo has unveiled the Tonale concept crossover at the Geneva Motor Show. The carmaker was able to keep the Tonale's name and design secret until yesterday, when images of the stand leaked online; the concept was revealed to be a shapely PHEV in metallic red. The concept will lead to a production vehicle, which will be Alfa Romeo's first CUV. Bared and shown in detail, the Tonale concept looks really good — dare we say, on par with recent Mazdas. It blends Stelvio styling cues into a smaller vehicle, but the concept still manages to look like its own thing, and perhaps even better than the bigger sibling. There are classic Alfa Romeo touches like phone-dial wheels, and the front end has a hint of the SZ and Brera coupes of earlier times. The interior, while largely concept-car-like, brings more Alfa styling to the table. The gauges are housed in traditional bucket shapes visible through the steering wheel, conjoined by a central display. There's a large central screen, underneath which runs a central tunnel covering that looks like muscle fiber, repeated in the door cards. The seats are styled like the racing buckets of a sports car. Alfa Romeo states that electrified power has been used for its own means, instead of Alfa bowing down to accept new standards. "The electrification of Alfa Romeo comes at the service of sportiness and emphasizes the famous 'Mechanics of Emotions' mission of the brand," as Alfa Romeo says. This also means the Tonale's hybrid branding will be discreet instead of obvious. The Tonale ("tonal," in English) is a plug-in hybrid, with a rear-mounted electric motor; however, any definite specifications as to the engine, the electric powertrain or the utilized platform remain unannounced. One detail emerges, though: Earlier, fossil-fuel-only Alfa Romeos have used the "DNA" selector for Dynamic, Natural or Advanced Efficiency modes; now the Dynamic mode has been changed to Dual Power, and the other end is Advance E, for full electric mode. Related Video:

Chrysler appoints new heads of Alfa Romeo and Ram

Chrysler has announced to two key appointments to its senior leadership, both of them taking immediate effect. First up is Reid Bigland, who has been named head of the Alfa Romeo brand for North America. Bigland has served until now as head of the Ram Truck brand, a portfolio he now hands over to Robert Hegbloom, who had served until now as its director.
As a result of the appointments, both Bigland and Hegbloom will take up seats on Chrysler's NAFTA Leadership Team, and Bigland will also join the Fiat Chrysler Group Executive Council - the highest decision-making body in the Fiat Chrysler Automobiles empire.
As per Sergio Marchionne's leadership style, Bigland will continue to serve in two major capacities, maintaining his role as president and CEO of Chrysler Canada. Other senior executives who hold multiple key portfolios include Harald Wester (who serves as the group's Chief Technology Officer and also overseas Alfa Romeo, Maserati and Abarth), Olivier Francois (group Chief Marketing Officer and head of the Fiat brand) and Michael Manley (head of the Asia-Pacific region and the Jeep brand).