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Share price falls on skepticism of Chrysler-Fiat five-year plan

Following this week's Fiat Chrysler extravaganza, where the Italian-American manufacturer announced its plans for the next five years, the Autoblog staff was cautiously optimistic of the company's future. Investors? Not so much.
Fiat saw its shares tumble 12 percent in Wednesday's trading, falling from 8.67 euros ($12.06 at today's rates) to 7.44 euros ($10.35) as of this writing, with blame partly going to the Italian half of the FCA marriage, which recorded a pretty significant drop in profits during the first quarter of this year.
The plan, which will cost around $77 billion over the next several years, is facing criticism from investors thanks in part to a 1.4-percent drop in Fiat's first-quarter profits, to 622 million euros ($862 million). That figure is also short of Bloomberg analysts' projections, which predicted $1.18 billion in profits before taxes, interest and one-time items.

Maserati Ghibli GranLusso gets semi-autonomous tech and updated styling

Maserati's littlest sedan is getting a little bit of a makeover in the form a new GranLusso trim for the Ghibli. It will make its official debut at the Chengdu auto show in China, and it mostly consists of aesthetic updates. Up front, the GranLusso gets a grille that has chrome vertical bars in addition to the surround. They also appear thicker and more aggressive. The lower grille has been reshaped, with the outboard openings sweeping up and out, creating more of a smile shape. The headlights are less busy, with a very narrow LED accent strip, and square-shaped projectors. Along the side, the GranLusso gets some badges to tell everyone you got the newest fanciest Ghibli. At the back, the rear bumper has been ever so slightly reshaped at the base. Maserati claims the changes make the car more aerodynamically efficient, but don't give specifics, and frankly we can't imagine the improvement nearly enough to make any real difference to the way the car drives or performs. Styling tweaks aren't the only addition to the GranLusso though. The car will feature some type of semi-autonomous or autonomous driving technology. Again, no specific details were given. We reached out to Maserati for an explanation, and they wouldn't elaborate, saying that there should be more info when it makes its debut at the Chengdu show. No release window or pricing were given either. Related Video:

Maserati marks centenary with 50,000th unit at Grugliasco

Maserati is celebrating its centenary this year, but if that wasn't enough of a milestone, the Trident marque has reached another, completing its 50,000th unit at its plant in Grugliasco. Whether 50,000 seems like a lot or a little depends largely on your perspective. Toyota, for example, sold over three times that many cars in the United States alone just this past month. But for Maserati and the Grugliasco plant, it's an awful lot. The plant was acquired not long ago from the failed Bertone coachbuilding operation to bolster the principal site in Modena. It just kicked off production barely two years ago in January 2013 and handles assembly of the Quattroporte and Ghibli – Maserati's top sellers, but hardly what you'd call "volume models" by any means. The landmark 50,000th vehicle was a Quattroporte S Q4 in dark grey with a red and black interior, bound for the US market that's reaching new sales records for the ambitious Mondenese automaker.