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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 confirms mystery concept, Zegna edition QP for Geneva

Debate ensued last week around the Autoblog offices when we first heard rumors that Maserati was bringing a new sports car concept to the Geneva Motor Show this year. Could there be any truth to the rumors? Did the timing make any sense? Does Maserati even need a two-door halo car to help it move examples of the new Ghibli, Quattroporte and upcoming Levante?
Well, we still don't have any official answer, but Maserati has indeed confirmed a new concept car to debut this week at the Swiss expo. The Modenese automaker hasn't indicated what form the concept will take, but assuming it's not doing another sedan or crossover, and unless it's planning a wagon concept like Touring's Bellagio Fastback or StudioTorino's Cinqueporte (both based on the previous Quattroporte), we feel it's more likely than not that we'll be looking at a two-door (be it a coupe, convertible or something in between).
Of course, we also don't know at this point just what size and segment Maserati is pursuing with this concept car (initial rumors had it going after the Jaguar F-Type) or for that matter whether it will presage a production version to follow or simply stand as a design study. But Maserati doesn't typically do many of the latter: the Kubang concepts of 2011 and 2003 previewed the Levante (albeit several years in advance), and the Birdcage was really more of a Pininfarina project, despite the Trident on the nose. With the exception of a couple production-based show cars (which themselves previewed production versions to follow), those are pretty much the only concepts Maserati has done in recent memory.

2022 Maserati Grecale SUV begins prowling the streets of Modena

Maserati has started testing the Grecale, its second SUV, on the streets of Modena, Italy. Aimed directly at the Porsche Macan, the Levante's smaller sibling will take the 107-year old Italian firm into a lucrative new segment. Klaus Busse, the head of Maserati's design department, told Autoblog that the new MC20 coupe points to the direction stylists will take the rest of the range in, and official spy shots give us a better idea of what he meant. It looks like the Grecale's front end is dominated by an oval grille shaped a lot like the MC20's. An image we took at the company's headquarters in the fall of 2020 provides an even clearer view of what the model will look like. Its overall proportions remind us of the Levante's, meaning it's far more sporty than utilitarian — you didn't think Maserati would try to rain on the Ford Bronco's parade, did you? Even several layers of psychedelic camouflage can't mask the shapely quarter panels and the sloping roof line accented by a spoiler.  It's too early to tell what's under the camouflage, let alone what's lurking beneath the sheet metal, but unverified rumors claim the Grecale shares its basic underpinnings with the Alfa Romeo Stelvio, which is widely praised as one of the best-driving SUVs on the market. If the report is accurate, Maserati's next SUV could land with four- and six-cylinders on its palette of available engines. One might be the 3.0-liter Nettuno developed for the MC20. Maserati will take the Grecale on a world tour to put it through its paces in the freezing cold, in triple-digit heat, on challenging race tracks, and even on a few off-road trails. Its official unveiling is scheduled for later in 2021, and series production will start in Cassino, Italy, shortly after. We expect to see it in America as a 2022 model. Related Video: Featured Gallery 2022 Maserati Grecale, official spy shots Maserati SUV Luxury Performance