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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.

Alfa Romeo Stelvio refresh spied sporting the smallest of changes

Alfa Romeo has a refresh coming down the pipeline for the Stelvio crossover soon, and our spy photographer just caught it testing out in the wild. The white Stelvio in partial camouflage seen here isn’t hiding a whole lot, though. From what we can tell, nothing much has changed on the outside compared to the car we can buy now. Swirly wrappings cover both the front bumper and lower rear fascia. Despite us not being able to discern any differences between this one and the 2019 Stelvio, the camouflage could be hiding some minor tweaks. Or perhaps the changes arenÂ’t present in this test car, and itÂ’s being used as a powertrain mule of sorts. There are rumors that Alfa will add some form of electrification to the Stelvio in this lifecycle. Whether thatÂ’s a 48-volt mild-hybrid system or something as involved as a plug-in hybrid, we canÂ’t know for sure yet. The interior does reveal a couple of the smallest changes. Alfa isnÂ’t giving it a whole new look, but a couple things get moved around or reshaped. The electronic parking brake has moved up to an easier-to-reach position next to the shifter. ThereÂ’s some sort of module to the right of the shifter that looks like itÂ’s missing something — that module is not present in the current car. Then, Alfa reshaped the center armrest. Hopefully that means thereÂ’s a little bit more utility in store for the center console and armrest area. Like we said, thereÂ’s nothing revolutionary here. As the Stelvio was introduced as a 2018 model year crossover here, we donÂ’t expect the refresh to be hitting us until the 2021 model year at the earliest. If Alfa feels like moving things along, there could be a reveal for the mid-cycle refresh next year sometime.

Marchionne to make Alfa Romeo a separate company within Fiat

According to a report in Automotive News that quotes "people familiar with the matter," the next big play in Fiat CEO Sergio Marchionne's plan for Alfa Romeo is to break it off from Fiat Group Automobiles and set it up as a separate company within the Fiat empire, giving it the same structure as Ferrari and Maserati. The idea, say the sources, is that a transparent, standalone Alfa Romeo that has to justify its every move could clearly prove its success in the public financial statements it would have to report, finally achieving Marchionne's aim of making Alfa Romeo "a credible business proposition."
That, of course, assumes that Alfa Romeo will make a success of it. The brand hasn't made a profit in any year of Marchionne's decade at the helm; sales last year fell to numbers not seen in almost half a century and its new product offensive might not include the two vehicles currently responsible for 99 percent of its sales. We're told that the brand's six new models will begin arriving in 2016 - a roadster, a midsize sedan and large sedan, a compact SUV and large SUV, and a large coupe.
Marchionne aims to expand Alfa's global appeal in several ways, the first by stressing that they are Italian products that 'belong' to Italy. This is the stance that appears to have put the kibosh on the roadster twinned with the coming Mazda MX-5/Miata. Alfa Romeos will all be made in their home country, and if they take off they'll help bandage Fiat's problem with underused plant capacity, a bugbear that is just as problematic culturally and politically as financially. Top-tier trims would use V6 engines developed by Ferrari, and global access would get a boost by selling Alfa Romeos in Jeep's 1,700 international dealerships.