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Just 45% of Fiat dealers are profitable, and they're angry about it

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On average, Fiat dealers have only been selling about 17 cars a month.
We've been wondering for some time how Fiat dealers in North America have been getting along with just one model range in their showrooms up until recently. Franchisees spent millions building, stocking and manning sleek new 'studio' showrooms, only to have but a single model to sell, the cherubic 500. And even with its many derivatives, the Cinquecento is still an inexpensive model with its attendant lower margins. Perhaps it should come as no surprise then, that just 45 percent of US Fiat dealers are said to be profitable.

Alfa Romeo Giulia to get Ferrari-related engine

Alfa Romeo has a long, proud history of using V6 engines in its coupes, sedans, and sports cars over the years, but as the new Giulia sedan approaches, the Italian marque is allegedly turning to Ferrari for its next six-cylinder. This is obviously not the first time a Ferrari-sourced or derived engine has been found under an Alfa's long hood. While 8C Competizione famously used a version of Ferrari's F136 V8 during its short run, the Giulia's new V6 will be offered on a much larger scale, slotting in above an entry level, four-cylinder turbo (likely the next-gen version of the 4C sports car's 1.75-liter engine). According to Autocar, the new V6 will be "specially developed for Alfa Romeo," and will be built at the Termoli engine factory alongside the new turbo four-cylinder. As for the rest of the Giulia, Autocar has been able to shine a light on a number of other details about the new midsizer. It will, thankfully, be rear-wheel drive, and designed to counter the "mostly cold and clinical" and soulless cars of the German competition, Maserati chief Harald Wester told AC. Some of the new sedan's structural elements will even be shared with Maserati's entry level model, the Ghibli. Most notable of all, though, is what the Giulia means for American consumers. After the limited-run 8C and the niche 4C, the new sedan will lead Alfa Romeo's long-awaited, large-scale return, where it will combat the popular BMW 3 Series, Mercedes-Benz C-Class, Audi A4, not to mention rivals like the Cadillac ATS and Lexus IS. Look for more on the Giulia next week when it's officially revealed in Milan.

Alfa Romeo's first EV reportedly due out in 2024 as small crossover

The first series-produced electric Alfa Romeo model will allegedly make its debut in 2024. Official details aren't available, but a recent report claims that the EV will take the form of a small, entry-level crossover that will be closely related to the Jeep Avenger under the sheetmetal. Don't be alarmed if the nameplate "Avenger" doesn't ring a bell, or if you associate it with a series of Dodge models built from the 1990s to the 2010s. Across the pond, the emblem denotes a hatchback-like, city-friendly front-wheel-drive Jeep built on a platform that underpins several cars in the Stellantis portfolio. It's on these bones that Alfa Romeo will build its first EV, according to British magazine Autocar. The soft-roader could be called Brennero, a name borrowed from a mountain pass in Italy, and the publication wrote that current and past models will influence its design; the report notably cited the original Giulietta released in 1954 as a source of inspiration. Time will tell if that's accurate, and how designers will transfer 70-year-old styling cues onto a mass-produced crossover developed for young, urban buyers. On the electric side of the lineup, the model will share powertrain parts with its Jeep-badged sibling. For context, the subcompact Avenger (which stretches approximately 161 inches long and 60 inches tall) ships with a single, front-mounted electric motor that zaps the front wheels with 154 horsepower and 192 pound-feet of torque. Electricity is stored in a 54-kilowatt-hour lithium-ion battery pack, and Jeep quotes a 250-mile driving range when tested on the WLTP cycle used in Europe (the EPA-estimated figure would likely be lower). Like the Avenger, the Brennero will be offered with a gasoline-powered engine in some markets. Again using a Jeep as a reference point, the piston-powered option is a turbocharged, 1.2-liter three-cylinder shared with the Peugeot 208, among others, and rated at 154 horsepower. If the report is accurate, the Alfa Romeo Brennero will land in showrooms in June 2024. Our crystal ball tells us that it won't be sold in the United States due in part to its small size; Jeep doesn't sell the Avenger here, after all. American drivers who want to put an electric Alfa Romeo crossover in their driveway will need to wait until the rumored second-generation Stelvio makes its debut at some point in 2026.