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Audi rumored to buy Alfa Romeo, officials deny it

For more than two years, Volkswagen has been making public statements about its willingness to buy Alfa Romeo and quadruple the Italian brand's sales, and for just as long, Fiat CEO Sergio Marchionne has replied with some version of "Mr. Piëch, drop it." According to a report in Ward's Auto, all that jousting might be over: it claims that sources close to both Marchionne and Audi CEO Rupert Stadler admit that the two are in talks for Audi to buy not just Alfa Romeo, but a production plant in Italy. In fact, a final deal could possibly include partsmaker Magnetti Marelli.
Against that backdrop, a report by German news weekly Stern quotes a Fiat spokesmen as saying it doesn't comment on rumors and an Audi rep has said flatly that "There is no substance in the news." If a sale is being arranged, the timing would seem to point to how eager Fiat is to raise cash to complete its major initiatives. Even though Alfa Romeo continues to delay its return to the US, it just showed off the production version of the 4C at the Geneva Motor Show (shown above) and said that preferred Fiat dealerships here would get them. Then there's Alfa's recently concluded deal with Mazda to develop a roadster based on the next generation MX-5 Miata - a deal that would seem to help both the Italian and Japanese brands.
The monetary issues are troublesome, though. Fiat is taking a beating in the European market and its weak-kneed balance sheet is delaying gotta-have-it products like the Jeep Cherokee. Fiat has been talking to banks about getting money to buy the rest of Chrysler and those financial institutions have also raised issues about debt and cash reserves, and the nasty game of chess Fiat is playing with the United Auto Workers (and now the court system about the portion of Chrysler it doesn't own) could end up blowing another hole in Marchionne's plans. It is possible that this could finally have convinced Fiat to at least see how serious Audi's parent company, Volkswagen, is about buying Alfa Romeo. Or it could be just another rumor.

Alfa Romeo Milano revealed as brand's first full EV offering

Alfa Romeo has made it clear it's going to fully electric models over the next few years, and that seems to be starting with the newly revealed Milano. It's a subcompact SUV, and while it seems that it will be offered with an internal combustion engine (similar to its platform-mate, the Jeep Avenger), Alfa has only talked about the EV powertrains to start with. And at least one of them sounds quite entertaining. Styling-wise, there's no mistaking the Milano for anything but an Alfa. It's very curvy, and has the prominent inverted triangle grille that's the brand's signature. It adopts some boomerang-shaped headlights that blend into additional air inlets on either side of the grille. That inverted triangle grille can feature different patterns, such as the mesh with classic "Alfa Romeo" script shown on the blue example, or the zoomed-in Alfa shield pattern shown on the red one. The tail features a wide rear that attempts to ape the "kamm tail" of the Alfa Romeo TZ sports car. We're not sure how successful it is at that, but it still looks solid. The Milano is fairly small. It comes in at just over 164 inches long and 70 inches wide, or around the size of a Kia Soul. It's also about 2 inches shorter in length than a Jeep Renegade, but that also makes it about 4 inches longer than the diminutive Jeep Avenger.  The interior is pretty typical Alfa, too. The 10.25-inch instrument screen is housed in a double-barrel shroud, and the 10.25-inch infotainment screen is mounted a little lower and canted toward the driver in the center stack. Round air vents bookend the dashboard. Powertrain details aren't complete, but the basics are there. The standard versions will get a 156-horsepower single motor at the front, while the Veloce gets a 240-horsepower single front motor. Both get a 54-kWh battery pack. On the WLTP cycle, the 156-horsepower version gets 250 miles of range. That would undoubtedly be lower on the EPA cycle if the car were to be offered here. And while there's no number for the Veloce, you can also count on that being lower than the standard model. The Veloce doesn't just get more power, though. It sits an inch lower on 20-inch wheels, and it gets stiffer front and rear anti-roll bars. The front brakes are upgraded to four-piston calipers with larger 15-inch rotors. Capping everything off is a Torsen limited-slip differential. It sounds like an awful lot of fun (and also sounds a bit like the setup for the Fiat 600e Abarth).

This modernized Alfa Romeo Giulia Sprint looks great, sounds even better

No matter how good something may be, there's always room for improvement. A UK company called Alfaholics builds an overhauled version of the famous Alfa Romeo Giulia Sprint that's supposed to be capable enough to hassle a modern Porsche 911 around the Nordschleife. It's difficult to spot any of the upgrades from the outside, but Charles Morgan shows off the updated performance in a new video from Carfection. The Alfa Romeo Giulia Sprint is a memorable sports coupe that was made in the '60s and '70s, and it sports a gorgeous body from the pen of a then-17-year-old Giorgetto Giugiaro. Alfaholics takes this fantastic platform and adds modern suspension components, upgraded brakes, carbon fiber body panels, and a 240-horsepower engine. These tweaks bring the weight down to about 1,830 pounds and allow for a lap around the Nordschliefe in less than 8 minutes at the hands of a skilled driver. As opposed to just going for outright performance, Alfaholics tries to keep its tuned Giulia Sprint somewhat authentic to the original version. As Morgan shows in this video, the result of the company's work is a coupe with superb handling and an intoxicating exhaust note. Related Video: