2002 Ferrari 456 M Gta Coupe 5.5l V12 Rare Car, Titanium Grey Major Service Done 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.

Drive inks 10-episode deal with NBC Sports Network

Today is a good day for Chris Harris, Mike Spinelli and Matt Farah, the hosts of the entertaining YouTube series Drive. The show has officially moved from the world of online video and become an actual, honest-to-goodness television show.
In addition to its YouTube exploits, which will continue, ten episodes of the show will air on the NBC Sports Network. The debut will run this Saturday, and coincide with NBCSN's coverage of the 2014 Monaco Grand Prix. From the sounds of it, this first episode should be unlike anything the trio could do on the Internet.
The team is going on a Top Gear-like trans-European adventure in a Mercedes-Benz SLS AMG Black Series, a Ferrari F12 and a McLaren 650S. The three will converge on Monaco, and explore the legendary atmosphere that surrounds the principality when the Formula One World Championship rolls into town.

'Top Gear' episode 1 recap | A new beginning, again

Season 27 of "Top Gear" kicked off Sunday night, and we were there on our couches for the premiere to see everything Chris Harris, Freddie Flintoff and Paddy McGuinness had to offer. With only five episodes in this season, this new group of characters doesn’t have much time to get it right. They started with a bang, on a massive road trip through Ethiopia in cars identical to their first vehicle purchases. Before that, though, the hosts recognized the rebirths and numerous changes "Top Gear" has gone through since Clarkson, Hammond and May left the premises. Good on "Top Gear" for not brushing over any sort of controversy and unrest, then getting on with the show as itÂ’s meant to be. As is typical for "Top Gear," the adventure/story portion of the show was definitely the most entertaining. We wholeheartedly approve of all the vehicles these guys bought as their first transportation — watching Chris Harris toss his little Mini around the sand and rocks was especially joyful. The boys get on rather well together for just starting off, and while the interludes for challenges didnÂ’t feel totally natural, the challenges themselves were still fun to watch. Being in Ethiopia with such a vast array of alien-to-us shooting locations definitely helped keep us entertained from a visual standpoint. We werenÂ’t surprised to see Chris Harris handling the “serious car review” portion of the show where he pitted a Ferrari 488 Pista against a McLaren 600LT — the others aren't traditional automotive journalists. We wonÂ’t give away who won, but the Ferrari did manage to surprise us in one particular area. Perhaps the most important aspect of the whole episode is how the three hosts got on with each other (Sabine Schmitz was nowhere to be seen). ThereÂ’s no Captain Slow or American car maniac amongst the group, but a comedian (Paddy) and cricketer (Freddie) certainly do bring fresh voices and perspectives. WeÂ’ll give them time to warm up to each other as the season goes on, with a new episode this coming Sunday. One thing we know for sure after this first go: Chris Harris really does not like the hot desert as much as he loves hot, burning rubber.