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Electric Maserati GranTurismo Folgore will have over 1,200 horsepower

Maserati is in the midst of a renaissance. It released the MC20 in 2020, it's preparing to unveil the Grecale, and it confirmed that its first electric model will be an evolution of the next-generation GranTurismo with over 1,200 horsepower from three individual motors. Speaking during a press conference, company boss Davide Grosso shared official details about the second-generation coupe due out in 2023. The electric model called Folgore in Maserati-speak will offer "way over 1,200 horsepower" from three electric motors linked to what the carmaker calls a "bone" battery pack. We're guessing that means the unit will feature internal structure similar to bone, or be centrally mounted along the transmission tunnel, and not that it will be made with actual bones. Regardless, an 800-volt charging system and Formula E-sourced technology will be on board as well. Maserati also published additional images of the second-generation GranTurismo. It's still covered in camouflage, but we can tell that the front end borrows a handful of styling cues from the MC20 while the overall proportions haven't significantly changed. It's still a big coupe with sporty lines characterized by a long hood and a short decklid. The GranCabrio convertible is scheduled to make a comeback as well. The electric Folgore model will be positioned at the top of the line-up, but it won't be the only version available at launch. Maserati revealed that at least one V6-powered variant will be offered as well, a comment which hints (but doesn't confirm) that there will be no V8. "The market for a gasoline-powered version is still there. It's absolutely still there. What we want to do with Folgore is to give customers a choice: V6, or electric? In five or 10 years we likely wouldn't have developed it, but customers still enjoy these cars today," said Francesco Tonon, the firm's global head of product planning, during a conference call. He stopped short of providing details about the V6, though it's not terribly far-fetched to assume that it will be at least related to the excellent twin-turbocharged Nettuno unit that powers the MC20. Numerous other electric cars will join the Maserati line-up in the coming years, and the firm's full range will run on batteries by 2030. EV variants of the Grecale and the next-generation GranCabrio are scheduled to make their debut in 2023, and they'll be joined by an electric version of the MC20 in 2025.

2019 Maserati Levante Trofeo / GTS First Drive Review | Yes, you want the Ferrari V8

CARMEL-BY-THE-SEA, Calif. — The wine glasses are rapidly draining. It's getting late, and Maserati design chief Klaus Busse appears to be fighting a cold. Yet he can't resist sketching something on a menu to illustrate his point. The A6GCS quickly takes shape. One of the most celebrated Maseratis ever, Busse uses this beacon to reconcile the Italian marque's transition to crossovers. It's how he explains and rationalizes the Levante, a stylish SUV aimed directly at the Porsche Cayenne, BMW X6 and Mercedes GLE Coupe. The A6GCS, a rare, Pininfarina-built sports car, lives on in today's Maseratis, he argues. This includes the Levante, a handsome crossover aimed at suburban cruisers bored with the notion of German luxury. Can a brand with rich sporting heritage reconcile with evolving market trends? It must, even if the connection to a mythical 1950s racer is a bit tenuous. But a pair of Ferrari-powered V8 twins, the Levante GTS and Levante Trofeo, make that progression easier. Prodigious outputs of 550 and 590 horsepower help. They are the top-shelf Levantes. You buy them when the powerful twin-turbo V6 Levante and Levante S simply won't do. You're talking six-figure prices, decadent interiors and more than a bit of bling. Well-heeled professionals drive the Levante, which starts at $75,980 and packs 345 hp, or pony up $11,000 for the Levante S and its 424 horses. The V8 starts at $119,980 for the GTS, and the Trofeo comes in at a lofty $169,980. These buyers haven't just made it, they're likely set for life. "We're not in the boy racer clientele," Busse says. "There's a certain level of accomplishment that you feel in driving a Maserati." That's probably true. But should the Trofeo be associated with generational wealth? I'm pondering this as I pull a hard right, kick up some dirt and pull onto the Pacific Coast Highway. The ocean laps to my left as the eight cylinders unlimber and I find myself reaching 60 miles per hour with little effort. The quoted time is 3.7 seconds, which feels dead on. I cue up Corsa, the sportiest of the Levante's drive modes, one that's only available on the Trofeo. The road is winding. I fall into a rhythm as I make my way up the coast toward Big Sur. The car's selling point is the engine, but the Skyhook suspension with electronically controlled damping keeps this 4,784-pound SUV reasonably tied down and poised. The cabin is quiet, as expected for the segment, allowing for easy conversation.

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.