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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.

The 2016 Alfa Romeo 4C should sound even better

We love the raw simplicity of the Alfa Romeo 4C – it is first and foremost a driver's car, and a great one at that. So while there are a number of updates for the 2016 model year, none of them mess with the 4C's inherent enthusiast-centric nature. In fact, these enhancements should only, well, enhance the overall driving experience. The thing we're most excited about is a new Akrapovic dual-mode titanium exhaust. Not only does this option relocate the exhaust tips to the center of the 4C's rump, it uses asymmetrical mufflers and a link pipe with a built-in resonator to create what we assume is an even better exhaust sound. The Akrapovic setup works with the Alfa's DNA drive select modes – in Dynamic and Race, things are loud and resonant, but in Natural and All-Weather settings, there's a quieter tone. Other 4C updates are less obvious. There's some more carbon fiber trim both inside and out, some new color combinations for the leather sport seats, and the Spider's premium audio system and lockable storage containers are now standard on the Coupe. Pricing isn't confirmed in Alfa's release, but from what we find on the company's consumer site, the Coupe starts at $55,900 and the Spider comes in at $65,900. Based on the 2015 models we tested, that means the added content has bumped up the Coupe's price by $2,000, and the Spider sees a modest $405 hike. Read all the details in the press blast below. ALFA ROMEO 4C AND 4C SPIDER ADD MORE PERSONALIZATION OPTIONS FOR 2016 New for 2016, Alfa Romeo is offering even more carbon fiber: - All-new carbon fiber halo offering elevates the 4C Spider's technical look, while hinting at its exclusive carbon-fiber monocoque chassis - All-new Carbon Fiber Trim Package further proliferates 4C and 4C Spider's use of carbon fiber on interior vents, instrument cluster surround and instrument panel and shift bezels - Bespoke Italian style: A new premium leather interior with Tobacco and Black sport seats paired with a Black leather interior with Tobacco accent stitching is now available - All-new Akrapovi?

Alfa CEO says 4C can manage more power

With 240 horsepower from a 1.75-liter engine, the Alfa Romeo 4C does a lot with very little. But there's always room for improvement, says the company's CEO. Speaking with Automotive News, Alfa Romeo chief Harald Wester indicated that the historic Italian auto marque could squeeze more out of the 4C's already high-strung engine. "We are only at 134 horsepower per liter," said Wester, "so there is space" for it to produce yet more power. To accommodate the extra muscle, Wester says, the Alfa would also need bigger brakes, but the chassis may already be as stiff as it needs to be. Considering that Mercedes gets 355 horsepower out of the 2.0-liter turbo four in the A45, CLA45 and GLA45 AMG (for a specific output of over 177 hp per liter), Wester may be right, opening the door for a 300hp version with a 0-60 time of around four seconds flat. And his saying so more than subtly suggests the possibility of a more powerful 4C becoming a reality. But then the prospect of shoehorning a bigger engine into the same chassis to make a new Maserati GranSport - another prospect which Wester (also CEO of Maserati) suggested earlier in the 4C's development - never came to pass, largely due to engineering roadblocks. Featured Gallery 2015 Alfa Romeo 4C: First Drive View 57 Photos News Source: Automotive News - sub. req.Image Credit: Copyright 2014 Matt Davis / AOL Alfa Romeo Coupe Performance alfa romeo 4c alfa 4c