2021 Alfa Romeo Stelvio Sprint on 2040-cars

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For his last act, Marchionne will outline an EV/hybrid roadmap this week

MILAN/LONDON — Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world's seventh-largest carmaker remains in the race in the absence of a merger. The 65-year-old will present FCA's strategy to 2022, his final contribution to the company he turned around and multiplied in value through 14 years of canny dealmaking. After failing to secure a tie-up he said was necessary to manage the costs of producing cleaner vehicles, Marchionne needs to show the group can keep churning out profits on its own, even as emissions rules tighten, SUV competition intensifies and worries around his succession abound. Marchionne had long refused to jump on the electrification bandwagon, saying he would only do so if selling battery-powered cars could be done at a profit. He even urged customers not to buy FCA's Fiat 500e, its only battery-powered model, because he was losing money on each sold. But Tesla's success and the need to comply with tougher emissions rules have forced Marchionne to commit to what he calls "most painful" spending. "FCA is way behind rivals in terms of hybrid and electric vehicles and they need to hit the accelerator to convince investors they can close that gap," said Andrea Pastorelli, a fund manager at 8a+ Investimenti. Germany's Volkswagen, Daimler, BMW and U.S. rivals GM and Ford have committed to spending billions of euros each in coming years to try produce profitable cars powered by cleaner fuels. FCA needs to present a clear roadmap, just like Volvo Cars, which ditched diesel from its best-selling XC60 SUV, launched a new electric brand and pledged to shift all brands to hybrid by 2019, a banking source close to FCA said, noting: "The tech divide determines winners and losers in the industry." Marchionne has already said half of the wider FCA fleet will incorporate some elements of electrification by 2022, while luxury marque Maserati will spearhead FCA's electrification drive by making all new models due after 2019 electric. But its plans remain vaguer and less advanced than most big rivals and some investors wonder about the capital required to make vehicles compliant, and what share of spending can go to electrification given FCA's numerous demands.

Stellantis wants to outfit cars with AI software to drive revenue

MILAN — Carmaker Stellantis announced a strategy Tuesday to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will help it bring in 20 billion euros ($22.6 billion) in annual revenue by 2030. CEO Carlos Tavares heralded the move as part of a strategy that would transform the car company into a “sustainable mobility tech company,” with business growth coming from features and services tied to the internet. That includes using voice commands to activate navigation, make payments and order products online. The company is expanding existing partnerships with BMW on partially automated driving, iPhone manufacturer Foxconn on customized cockpits and Waymo to push their autonomous driving work into light commercial vehicle delivery fleets. StellantisÂ’ embrace of artificial intelligence and expansion of software-enabled vehicles is part of a broad transformation in the auto industry, with a race toward more fully electric and hybrid propulsion systems, more autonomous driving features and increased connectivity in automobiles. Ford and General Motors also are banking on dramatically increased revenue from similar online subscription services. But the automakers face immense competition for monthly consumer spending from movie and music streaming services, news outlets, Amazon Prime and others. Stellantis, which was formed from the combination of PSA Peugeot and FCA Fiat Chrysler, said the software would seamlessly integrate into customers' lives, with the capability of live updates providing upgraded services over time. New products will include the possibility to subscribe to automated driving features, purchase usage-based car insurance or even increase the power of the vehicle with a tune-up to add horsepower. As a baseline, Stellantis generates 400 million euros in revenue on software-generated services installed in 12 million vehicles. To meet the targets, Stellantis will expand its software engineering team of 1,000 to 4,500 in North America, Asia and Europe. More than 1,000 of the expanded team will be retrained in house. Stellantis also announced a new partnership with Foxconn to develop semiconductors to cover 80% of the companyÂ’s needs and simplify the supply chain. The first microchips from the partnership are targeted to be installed in vehicles in 2024.

Alfa Romeo Giulia SWB Zagato briefly teased, could be a coupe

Earlier this month, Alfa Romeo and Zagato teased the upcoming Alfa Romeo Giulia SWB Zagato with a single image of an unbroken LED taillight outlining what looked like a Kamm-back rear end. Zagato recently published a few more teasers to its Instagram page, but someone might have pressed the Send button too soon — the video and images are gone from the source. No matter, because this is the internet. The new shots hint at something that could justify Alfa Romeo boss Jean-Philippe Imparato's assessment that the vehicle will be "very exciting, very selective, and very expensive." The image with the carbon-backed driver's seat contains a new rear window shutline and a crossbar. The redrawn glasshouse leads us to believe this will be a coupe, making the most of that Short Wheelbase designation. Some have called the crossbar a roll cage, but it looks to us like the kind of brace used in some cars that omit their rear seats, like the original Bentley Continental GT Supersports. The engine shot doesn't give anything away except the Quadrifoglio badge. The twin-turbocharged 2.9-liter V6 could come with the same 505 horsepower and 442 pound-feet of torque as the Giulia Quadrifoglio, it could be uprated to the 532 hp and 442 lb-ft of the special edition Giulia GTAm, or, as buyers would hope, it could go beyond that. We'd expect the output to be sent through Alfa's eight-speed automatic transmission to the rear wheels through a limited-slip differential.  Zagato standards like new mesh vents and a vented hood make their appearances elsewhere. The grille gets printed with a stylized version of the red cross and crowned viper in Alfa Romeo's logo between the tri-section headlights that should debut on the facelifted Giulia. In back, a closer shot of the taillights gives away segments between LEDs, so the rear end won't be a continuous clamshell piece like the vintage Giulia TZ and Giulia TZ2. Detail bits like a carbon fiber front splitter and another take on the five-leaf-clover wheels from the Giulia GTA will make for dark and shiny jewelry.  The Giulia TZ debuted in 1963, the Giulia SWB Zagato will be the 50th birthday present to the original. Market launch is rumored to come in March next year, an official debut should come not long before that.