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Maserati GT2 turns the MC20 into a real race car

Maserati previewed a racing version of the MC20 super car last year, and now it's finally showing the real thing. The car has dropped the MC20 name altogether, becoming just the Maserati GT2. That's a bit odd, considering it's still an MC20 at its core, but regardless, the race car is still pretty sweet. Significant exterior changes have been made to become a GT2 race car. Vents, louvres and intakes are all over and much larger. It's all in service of increased downforce, as well as increased cooling. And besides adding more holes, the GT2 features a flat undercarriage, bigger diffuser and a giant adjustable rear wing. The carbon fiber chassis is the same as the MC20, and it continues to use double-wishbone suspension front and rear. But geometry has been updated, and it uses unique shocks, springs and anti-roll bars. And of course, they're all adjustable. Stopping power is provided by six-piston front calipers, four-piston rears, and ventilated steel rotors. The engine is also pretty much what you would expect in a regular MC20, and Maserati even quotes the same 621 horsepower and 538 pound-feet of torque. But the output of the twin-turbo Nettuno V6 can be adjusted based on balance of performance needs for races. It also is capable of greater overall boost pressure and reduced back pressure in the opened-up exhaust. It does ditch the eight-speed automatic in favor of a six-speed sequential manual transmission, plus a competition-ready limited-slip differential. The interior is expectedly gutted. In place of the more luxurious MC20 cockpit, the GT2 gets race-spec seats, a multifunction steering wheel and control stack and a screen for instruments. It also has a roll cage and six-point racing harness. While many niceties are gone, the GT2 does still have air conditioning. Maserati will be offering the GT2 to professional racing teams for regular competition and private owners for track and occasional racing use. The company expects the car to start appearing in the Fanatec GT2 European Series this year, with full-year competition starting next year. Related Video:

Maserati confirms Ghibli hybrid, second SUV

Maserati is sitting out the 2020 Geneva auto show, but that doesn't mean it has nothing to announce. It's working on overhauling its range with new models, including a second SUV, and electrified technology. The Italian company confirmed earlier rumors claiming it will introduce a hybrid version of the Ghibli, its entry-level sedan, in 2020. There's no word yet on when the car will make its debut, though previous reports tentatively point to an unveiling at the biennial Beijing auto show. Work on what Maserati refers to as its super-sports car continues, and the model (pictured as a test mule) will spawn a battery-electric variant that will sound as awesome as it will look. It's scheduled to make its public debut at a standalone event penciled in for May of 2020. An ˆ800-million (about $870-million) investment will allow Maserati to build a second SUV, which hasn't been unveiled yet, in its Cassino, Italy, factory. The last product plan published by the brand positioned the yet-unnamed model below the Levante. The first pre-production cars will roll off a new production line by 2021, meaning we're likely to see it in the metal in the coming year. It might not arrive in American showrooms until the 2022 model year, however. When it does, Maserati predicts the model will play a leading role in its turnaround. Finally, an additional ˆ800 million investment will help prepare the historic Mirafiori, Italy, factory to build the next-generation GranCabrio and GranTurismo. They'll take Maserati into the electric car segment for the first time.  These sizeable investment will ensure every upcoming addition to the Maserati range will be developed and built in Italy. The announcement still leaves plenty of questions, but it points to a line-up that will look completely different in 2024 than it does in 2020, and that's good news for fans of horsepower with an Italian flair.

Fiat Chrysler's profit boosted by Ram and Jeep in North America

MILAN/DETROIT — Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. "We are open to opportunity," Manley said on a call with analysts. "I have no doubt why there still would be interest in it," he added, when pressed on what it would take to revive talks with Renault. Manley declined to comment further. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Manley said a merger was not a must-have and Fiat Chrysler's business plan was strong. The company said it remained confident its adjusted earnings before interest and tax (EBIT) would top last year's 6.7 billion euros ($7.5 billion). Given disappointing forecasts from other automakers this earnings season, FCA's confirmation of the outlook sent Milan-listed shares in the Italian-American automaker, whose other brands include Jeep, up over 4%. A broad-based auto sales downturn has rattled the sector, forcing FCA's competitors — including Renault, Daimler and Aston Martin — to cut their sales forecasts after second-quarter results, while U.S. carmaker Ford gave a weaker-than-expected 2019 profit outlook. Japan's Nissan, a long-term partner of Renault, said it would cut 12,500 jobs by 2023 after its earnings collapsed. In the second quarter FCA's adjusted EBIT totaled 1.52 billion euros, versus analysts' expectations of 1.43 billion euros, according to a Reuters poll. FCA's U.S. shipments were down 12% in the second quarter but the group said that the successful performance of its Ram brand resulted in an enhanced share of the large pickup truck market of 27.9%, up 7 percentage points from last year. Adjusted EBIT margin in North America rose to 8.9% from 6.5% in the first quarter, thanks to strong demand for the heavy-duty Ram and the new Jeep Gladiator pickup. Chief Financial Officer Richard Palmer also said FCA expected to report up to 10% margins in the region in both the third and fourth quarters.