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Everything we know about the Alfa Romeo Stelvio

Alfa Romeo is working rapidly on putting a crossover onto the road and these latest awkwardly-shaped spy shots are our best look at the upcoming Stelvio. Crossovers and compact SUVs are still outrageously popular with Americans and Alfa Romeo wants in on the ever-growing segment. The upcoming Stelvio, then, would make Alfa more profitable and make the storied brand once again a household name. Here's an overview of everything we know about the Stelvio. October 24, 2016: A moderately-camouflaged Stelvio is spotted testing in broad daylight with minimal updates. The most recent prototype has three strangely-shaped ridges on the hood, while the headlights and taillights, despite being taped off, still appear to be taken straight from the Giulia sedan. The profile mimics that of the Porsche Macan with the bulbous rear end gaining massive exhaust tips. View 12 Photos October 11, 2016: Photographers captured a lightly-camouflaged Stelvio testing in Europe at night, giving us our best look at the SUV's design. The front of the vehicle shares the same front fascia design as the Giulia sedan with two oval-shaped inlets on the side and the automaker's iconic rounded-triangle grille. The headlights also appear to be the same slit-like units on the Giulia, as well. The side profile of the SUV portrays a rounder design than displayed on previous prototypes that photographers have spotted. At the rear, two small tail pipes protrude out of the vehicle, while the taillights appear to be similar to the Giulia's, too. Unsurprisingly, the Stelvio looks comparable to a Giulia on stilts. View 7 Photos June 28, 2016: A prototype of the Stelvio is spotted wearing a massive amount of camouflage, making the shape and overall design of the SUV hard to discern. Again, the automaker's well-known front end is easy to spot, as are the two large exhaust outlets at the back. The rear end, though, features an interesting, rakish design that is more in line with a Sportback than a SUV. Photographers also managed to get pictures of the SUV's interior, which featured birch-like wood, an integrated screen, and large paddle shifters behind the thick steering wheel. Just like on the Giulia, the start-stop button is mounted directly onto the steering wheel. View 10 Photos April 7, 2016: The Alfa Romeo Stelvio is spotted testing for the first time. Alfa Romeo was caught testing a heavily-camouflaged prototype of the Stelvio wearing an insane amount of unsightly black plastic.

Stellantis says its 2021 performance has been better than expected

MILAN — Stellantis softened up investors ahead of its electrification strategy event on Thursday by flagging that 2021 got off to a better-than-expected start despite a chip shortage that has hit automakers worldwide. Stellantis, which was formed in January from the merger of Italian-American automaker Fiat Chrysler and France's PSA, faces an investor community keen to hear how it plans to come up with a range of electrified vehicles (EVs) to rival Tesla. At its "EV Day 2021" kicking off at 1230 GMT, Stellantis will disclose significant investments in electrification technology and connected software as it aims to be an industry frontrunner, it said in a statement. In April, Chief Executive Carlos Tavares said it would offer low-emission versions — either battery or hybrid electric — of almost all of its European models by 2025, and they should make up 70% of European sales and 35% of U.S. sales by 2030. Stellantis, the world's fourth-biggest automaker, has 14 brands in its stable, including Jeep, Ram, Opel, Fiat, Peugeot and Maserati.   Stellantis EV Day coverage: Dodge will launch the 'world's first electric muscle car' in 2024 Fully electric Ram 1500 will begin production in 2024 Jeep will have 4xe plug-in hybrid models across the lineup by 2025 Stellantis teases mystery electric Chrysler concept Stellantis previews 4 electric platforms: Here's how they'll be used Fiat says all Abarth models to be electric from 2024 Opel Manta E will be the electric revival of the classic German coupe Stellantis says its 2021 performance has been better than expected   At a similar EV strategy event last week, French rival Renault announced that 90% of its main brand models would be all-electric by 2030, whereas previously it had included hybrids in its target. Germany's Volkswagen, the world's second-biggest automaker after Toyota, expects all-electric vehicles to make up 55% of its total sales in Europe by 2030, and more than 70% of sales at its Volkswagen brand. Stellantis said its margins on adjusted operating profits in the first half of 2021 were expected to exceed an annual target of between 5.5% and 7.5%, despite production losses due to a global shortage of semiconductor supplies. Stellantis shares listed in Milan were down 2.6% at 0920 GMT, underperforming the broader European car index. Bestinver analyst Marco Opipari said Thursday's news was positive but that the stock was suffering from profit taking as it had moved up about 20% since the end of April.

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.