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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.

2017 Maserati Levante wraps Italian style around an SUV

Maserati has a glittering history that dates to 1914. It's based on gorgeous sports cars, decadent sedans, and a rich motorsports heritage. Now comes a new chapter: the first Maserati sport-utility vehicle. Called the Levante, it will debut next month at the Geneva Motor Show and launch in Europe in the spring. The rollout will continue around the world throughout 2016. Maserati says the Levante will have gasoline and diesel engines, though it didn't specify what's under the hood for US-bound models. It will be assembled in Turin, and the company says the first units are already in production. Details are slim as far as the rest of the specs, but Maserati says the Levante will have an eight-speed automatic transmission and all-wheel drive capability. We also hear that serious off-road performance is one of the Levante's capabilities. The Levante carries many of the brand's styling cues, and the grille, curvy fenders, headlight shape, and vents will fit in with the rest of the brand's products, like the Ghibli and Quattroporte. Maserati joins Bentley, Rolls-Royce, Lamborghini, Porsche, and other traditional sporting brands that have added SUVs to their portfolios in an effort to remain relevant and capitalize on new revenue streams. Related Video: Featured Gallery Maserati Levante Geneva Motor Show Maserati

Maserati GranTurismo MC Stradale is an interesting choice in the world of lux GTs

The Maserati GranTurismo MC Stradale sits in an awkward place in the modern world of European grand tourers. Despite its voluptuous Italian body, with 454 horsepower and a six-speed automatic gearbox, it's a bit behind the times when 500 or 600 hp are the norm with seven- or eight-speed transmissions. The GranTurismo is also being phased out, but it's not nearly old enough to be a classic yet. Why would anyone spend their hard-earned dough for this Maserati? XCar Films aims to find out and eventually presents an interesting argument about why the GranTurismo is still worth at least considering against competitive entries from Aston Martin, Porsche, Ferrari or the rest of the European performance pack. This is likely just a temporary goodbye to the GranTurismo anyway, because Maserati plans to revive the name in 2018 with a production version of the Alfieri concept coming in the mean time. If nothing else, this video is a great way to say goodbye to the curvaceous coupe. Related Gallery 2014 Maserati GranTurismo MC Stradale four-seater News Source: XCarFilmsImage Credit: Related images copyright Maserati Maserati Coupe Performance Videos xcar maserati granturismo mc