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2018 Alfa Romeo Stelvio Quadrifoglio vs. 2018 Jeep Grand Cherokee Trackhawk: On-paper sibling rivalry

Pricing was revealed for the 2018 Alfa Romeo Stelvio Quadrifoglio, and with its $81,590 price tag, it's within range of yet another high-performance SUV from Fiat-Chrysler: the 2018 Jeep Grand Cherokee Trackhawk. The Hellcat-powered Jeep is more expensive than the Stelvio at $86,995, but depending on options, the price advantage might go either way. This left us wondering, how similar are these two high-powered SUVs? Besides sharing the same number of words in their very-long names, we took a look at some of their performance specs and put them in the spreadsheet below. As always, if you want to compare either of these with other speedy SUVs, be sure to try out our comparison tools. As far as outright speed, both SUVs are surprisingly close. The Trackhawk is just a bit quicker in a straight line, hitting 60 mph in just 3.5 seconds as opposed to the Alfa's 3.9. The Jeep's 180-mph top speed is also 3-mph quicker than the Alfa. But neither of these differences is especially huge. What makes this interesting is how different the paths each SUV takes to get to its results. The Trackhawk accomplishes the task with pure grunt. It has Dodge's Hellcat supercharged 6.2-liter V8 making 707 horsepower and 645 pound-feet of torque to overcome its hefty 5,363-pound body. The Alfa, on the other hand, makes do with less power and torque, 505 and 443, respectively, from its twin-turbocharged 2.9-liter V6. It has less weight, though. Exactly how much less we're not sure, since Alfa hasn't revealed that number, but a regular Stelvio weighs right around 4,000 pounds, so we would guess the weight is similar, possibly a little more. View 14 Photos The differences in how each SUV achieves its performance should result in pretty different driving characteristics, and probably different buyers. Each SUV's bragging points also indicates this. The Trackhawk boasts an impressive 11.6-second claimed quarter-mile time, something that American muscle car fans everywhere care about. The Alfa brags about how it's the fastest production SUV to lap the Nurburgring, something sure to impress fans of foreign cars and those that value handling over straight-line performance. So really, although these two SUVs have performance similarities, they're also very different, and the right one for you depends on what you value. View 29 Photos Also, as an afterthought, we wonder if the guys that attempted a Viper record at the 'Ring would be up for trying to break the Alfa time with the Jeep.

Stellantis wants to trim 3,500 hourly U.S. jobs, UAW says

WASHINGTON — Chrysler-parent Stellantis NV wants to cut approximately 3,500 hourly U.S. jobs and is offering voluntary exit packages, according to a United Auto Workers union letter made public Tuesday. The automaker is looking to reduce its hourly workforce offering incentive packages that include $50,000 payments for workers hired before 2007, UAW Local 1264 said in a letter dated Monday posted on its Facebook page. Stellantis spokeswoman Jodi Tinson declined to comment. A person briefed on the matter said the figure might be lower than the figure cited in the UAW letter. In late February, Stellantis indefinitely halted operations at an assembly plant in Illinois, citing rising costs of electric vehicle production. The action impacted about 1,350 workers at the Belvidere, Illinois, plant that built the Jeep Cherokee SUV and resulted in indefinite layoffs. The automaker has warned it may not resume operations as it considers other options. The UAW letter said openings created by workers leaving would be filled by workers on indefinite layoff. Stellantis said in February that about 40,000 U.S. hourly workers were eligible for profit sharing. Last week, UAW President Shawn Fain said Stellantis' decision to idle the Illinois plant was "a flat-out violation" of the union's contract with the UAW and is unacceptable. The UAW will enter talks with the Detroit Three before labor contracts expire in mid-September. Earlier this month, General Motors said about 5,000 salaried workers accepted buyouts to leave the automaker. GM CEO Mary Barra said February job cuts of a few hundred jobs and the 5,000 buyouts "provided approximately $1 billion towards" a $2 billion cost cutting target. Ford Motor Co recently announced significant job cuts in Spain, Germany and other parts of Europe and in August said it would cut a total of 3,000 salaried and contract jobs, mostly in North America and India. Hirings/Firings/Layoffs UAW/Unions Chrysler Dodge Fiat Jeep Maserati RAM Stellantis

Stellantis is official: FCA and PSA merger finally sealed

MILAN — Fiat Chrysler and PSA sealed their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen. It took over a year for the Italian-American and French automakers to finalize the $52 billion deal, during which the global economy was upended by the COVID-19 pandemic. They first announced plans to merge in October 2019, to create a group with annual sales of around 8.1 million vehicles. "The merger between Peugeot S.A. and Fiat Chrysler Automobiles N.V. that will lead the path to the creation of Stellantis N.V. became effective today," the two automakers said in a statement. Shares in Stellantis, which will be headed by current PSA Chief Executive Carlos Tavares, will start trading in Milan and Paris on Monday, and in New York on Tuesday. Now analysts and investors are turning their focus to how Tavares plans to address the huge challenges facing the group – from excess production capacity to a woeful performance in China. Tavares will hold his first press conference as Stellantis CEO on Tuesday, after ringing NYSE's bell with Chairman John Elkann. FCA and PSA have said Stellantis can cut annual costs by over 5 billion euros ($6.1 billion) without plant closures, and investors will be keen for more details on how it will do this. Marco Santino, a partner at consultants Oliver Wyman, said he expected Tavares to disclose the outlines of his action plan soon, but without divulging too many details at first. "He has proven to be the kind of person who prefers action to words, so I don't think he will make loud statements or try to over-sell targets," he said. Like all global automakers, Stellantis needs to invest billions in the years ahead to transform its vehicle range for the electric era. But other pressing tasks loom, including reviving the group's lagging fortunes in China, rationalizing its huge global empire and addressing massive overcapacity. "It will be a step by step process, also to allow the market to better appreciate every single move. I don't think we will have all the details before one year," Santino said.