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Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.

Maserati video sheds a little light on mid-engined MC20 coupe

Maserati is preparing to unveil the MC20, its first new model since the Levante made its debut in 2016. It released a short video to whet our appetite before the mid-engined coupe makes its global debut on September 9. Posted on its official Twitter account, the five-second video does an excellent job of keeping the MC20's design under wraps, but it helps us decode what's lurking under the camouflage. It suggests Maserati stylists don't have a straight-edge in their arsenal of tools, because nearly every surface looks deliciously curved. We also get a quick glimpse at the vents chiseled into the hood, and at the air intakes positioned over the rear wheel wells. Out back, the coupe will feature louvers over the rear window, according to a different video posted on the company's Facebook page. We'd say it's safe to bet the cabin will receive the digital rear-view mirror that's slowly making its way across the Fiat-Chrysler Automobiles (FCA) portfolio. Louvers have never stopped carmakers from hanging a conventional rear-view mirror above the front passengers, but the MC20's represent a golden opportunity for Maserati to flex its technology muscles. Whether they'll be standard or optional is up in the air. Although Maserati is trickle-feeding us clues, earlier spy shots taken near its headquarters in Modena give us a much better look at the MC20. Its proportions reveal its mid-engined layout, and even the camouflage can't hide the low-mounted oval grille with the firm's trident emblem. It's a styling cue that subtly links the MC20 to the firm's past models, like the race-winning Tipo 61 (also known as the Birdcage) built from 1959 to 1961. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Power for the MC20 will come from a 3.0-liter V6 engine developed in-house and twin-turbocharged to 630 horsepower and 538 pound-feet of torque. Called Nettuno internally, the 90-degree six-cylinder will have an 8,000-rpm redline, and it will spawn a track-only engine that will power Maserati's future race cars. Unconfirmed rumors claim the MC20 range will later grow to include a hybrid variant with at least 700 horsepower on tap, and a convertible. Maserati is investing significant resources into the development of electric powertrains, the next-generation GranTurismo will run exclusively on batteries, so we wouldn't be the least bit surprised if Maserati delivers an MC20 without exhaust pipes sooner or later.

From Maseratis to rental cars | Autoblog Podcast #511

On this week's podcast, Mike Austin and David Gluckman are in a huddle room (again), because the studio was already taken (again). We talk about the all-wheel-drive Dodge Challenger GT (again), as well as the Jeep Wrangler, Maserati Levante, Miata RF (again), and then David waxes poetic on mediocre rental cars (or similar). The episode wraps up with the traditional doling out of Spend My Money buying advice, with some input from an S2000 owner on advice discussed last time. The rundown is below. Remember, if you have a car-related question you'd like us to answer or you want buying advice of your very own, send a message or a voice memo to podcast at autoblog dot com. (If you record audio of a question with your phone and get it to us, you could hear your very own voice on the podcast. Neat, right?) And if you have other questions or comments, please send those too. Autoblog Podcast #511 Topics and stories we mention Dodge Challenger GT Jeep Wrangler Unlimited Maserati Levante Mazda MX-5 Miata RF Used cars! Rundown Intro - 00:00 What we're driving - 06:11 Spend My Money - 32:45 Total Duration: 55:30 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Feedback Email – Podcast at Autoblog dot com Review the show on iTunes Podcasts Dodge Jeep Maserati Mazda Nissan mazda mx-5 rf dodge challenger gt