1972 Lancia Fulvia 1.3s on 2040-cars

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Fiat contemplating sub-brand to compete with Dacia, Datsun

You can add Fiat to the admittedly short list of automakers considering a low-cost brand to rival Dacia. The inexpensive Eastern European brand from Renault-Nissan has performed on the balance sheet like a premium model line, and the money the alliance is taking off the table is encouraging other players to deal themselves in. Pretty soon Nissan's Datsun sub-brand will join the Dacia party, going on sale in Russia, Indonesia and India and will claim even more rubles, rupiahs and rupees for the parent company. Volkswagen recently said it will make a decision this year on a budget line for the Chinese market. With the euthanasia of Lancia and plans to move the Fiat brand upmarket, company CEO Sergio Marchionne wonders aloud to Automotive News Europe whether there could be room for a new budget brand underneath Fiat.
We're told that the initiative has been in the idea box for five years and even moved to the stage of name considerations, like Innocenti, but worries about profit kept it from realization. If such a range were to be developed, Marchionne says it couldn't be built in Italy and stay within budget, and the company is "analyzing its manufacturing capacity outside of Europe to see if a low-cost brand is viable."

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.

All-new Lancia Ypsilon teased, and this one's not dripping wet

The last time we wrote about the coming all-new Lancia Ypsilon, the French authorities were fishing a pre-production prototype out of a canal. Although the hatchback had been ditched (canal'ed?) near a Peugeot factory, later reporting indicated (translated) the car had been stolen a month earlier near a Stellantis factory in Spain. Recent teases from Lancia aim to put a more attractive wheel forward, the automaker wanting to make the most of what will be an very important offering. This will be the first new Ypsilon since 2011, the first public step in the company's 10-year Renaissance Plan, pathway to a new battery-electric Lancia flagship in 2026 and an electric Delta revival in 2028. The teaser model comes from Lancia's partnership with Italian furniture company Cassina, one of the initial Ypsilon trims reported to be an Edizione Limitata Cassina restricted to 1,906 numbered units, that number honoring the carmaker's founding in 1906. The official shots go big on classic Lancia elegance while referring to the Pu+Ra HPE concept the brand revealed in April 2023 as a design touchstone. There's going to be some intriguing tech as well, one of the shots centered on a glowing blue disc that could sit above the infotainment screen. The word "SALA," also glowing blue on the disc, is Italian for "living room" but signifies Lancia's tech interface, an initialism for Sound, Air, Light, and Augmentation. The in-car assistant is programmed to "centralize the audio, climate control and lighting functions, enabling the environment inside the car to be adapted at the touch of a button or by the sound of your voice." The Ypsilon also brings Stellantis' TAPE, which stands for Tailored Predictive Experiences. This dresses the cabin ambience in one of three modes: Immersive, Wellbeing, and Entertainment.  The Pu+Ra HPE concept went beyond traditional elegance, and it seems the Ypsilon will, too. Instagram user gaetanogiordano63 posted clipped images of the front and back of what looks like an early production model in white. Even though we've seen most of the Ypsilon already, from the canal images, we're surprised by the vastly different impression these spy shots make on us.           View this post on Instagram                       A post shared by Gaetano Giordano (@gaetanogiordano63) More complete answers are on the way shortly, Lancia planning to debut the new crossover in February in battery-electric trim.