1989 Alfa Romeo Spyder, 5 Speed, Maintained And Bought From Rml Daytona Florida on 2040-cars

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Chrysler earns $1.7B in 2012, revises product plans for US

Hot on the heels of Ford's earnings announcement for the year that was, Chrysler today reported a 2012 net income of $1.7 billion, up substantially from the comparatively minuscule $183 million profit earned in 2011 when it repaid its US government loans.
Chrysler's good year ended with an excellent fourth quarter that saw net income rise 68 percent from $225 million in 2011 to $378 million. Where are all those extra earnings coming from? Market share, which Chrysler saw increase to 11.4% last year on sales of 1.65 million vehicles. In fact, the Auburn Hills, MI-based automaker out-paced the industry's market growth of 13 percent last year with sales up 21 percent for the year.
The company also revealed an updated product plan for its Chrysler Group and Fiat brands that looks all the way out to 2016. It's an updated version of the plan introduced in 2009 shortly after Fiat took control of the American automaker, and includes such new additions as an Alfa Romeo model, likely the 4C, to be introduced in the US this year, as well five more Alfa models by 2016. Likewise, Fiat will be growing by an additional seven models in the coming few years.

This Alfa Romeo Giulia shows why its owner scored a job at Singer Vehicle Design

The original Giulia may not have been the most beautiful Alfa Romeo ever built, but it was one of the coolest. It was built at two different locations in Milan from 1962 through 1978, and as squared-off as it is, it still has an enduring sense of style. No wonder Alfa is planning on reviving the nameplate, just as it did with the Giulietta. It's just the kind of car that a video series like Petrolicious was born to profile, and that's why it's the subject of this latest episode. This particular 1970 Giulia 1300 Ti belongs to one Dorian Valenzuela, who bought it on Craigslist and modified it just the way he wanted – and to beautiful effect, we might add. In fact, we weren't the only ones who were impressed with Dorian's work, either: the job he did on the Giulia lead him to land a job with Singer Vehicle Design, purveyor of spectacularly reimagined Porsche restomods. News Source: Petrolicious via YouTube Alfa Romeo Classics Videos Sedan petrolicious alfa romeo giulia

FCA reportedly joins the crowd skipping this year's Paris Motor Show

It's likely FCA vehicles will not be seen at the Paris Motor Show this year. Automotive News is reporting that Fiats, Alfa Romeos, Jeeps and Abarths will not be a part at the show, based on information circulating in the French media. There's a possibility that Maseratis will be displayed at a special section dedicated to upscale cars, but Maserati too will not have a show stand of its own. Ferrari will have a stand, but as it happens, the supercar maker has been a standalone brand since 2015. Skipping the Paris show follows FCA's decision not to take part in the Frankfurt show last year, and the two shows alternate as the biggest autumnal automotive show in Europe. Volkswagen will also not attend the event, and neither will Ford, Nissan or Infiniti. This has become a problem for car shows worldwide, including Detroit's North American International Auto Show. FCA has not released a formal statement about the matter, but a FCA spokesman, quoted by the French magazine L'Argus, reportedly said that the sales and publicity brought in by the show stand would not justify the costs of attending. The news mirrors Volvo's newly announced plan to not take part at the next Geneva Motor Show, but to arrange "bespoke activities" to introduce its cars instead. Related Video: