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Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.

Maserati Ghibli Trofeo, Quattroporte Trofeo revealed with Ferrari V8; Levante Trofeo updated

Maserati just revealed a new Trofeo line of vehicles. They include the Ghibli Trofeo, Quattroporte Trofeo and an updated Levante Trofeo. We’re most excited about the new Ghibli Trofeo, which drops a V8 into the smaller Ghibli for the first time. Just like the Levante Trofeo, itÂ’s using the Ferrari 3.8-liter twin-turbo V8 that makes a whopping 580 horsepower and 538 pound-feet of torque. This is paired with an eight-speed automatic transmission, and power is routed exclusively to the rear wheels. Yeah Â… itÂ’s bound to be a bit hair-raising. Maserati says the 0-62 mph run is completed in 4.3 seconds, and it has a top speed of 202 mph. Updates to the exterior include new 21-inch wheels, carbon aero trim, black grille, rear extractor, more air outlets on the hood, redesigned taillights and the trident Trofeo badge sitting aft of the rear window. A new Trofeo script badge sits above red-accented trim on the fender for all three models now, too. Next up is the Quattroporte Trofeo. This one amounts to more of an incremental update, as Maserati already sells the Quattroporte in GTS trim. The V8 engine makes 530 horsepower in that lesser trim, but Maserati pumps it up to the full 580 horses for the Trofeo. Power is sent to the rear wheels only in this model. Since itÂ’s a larger and heavier sedan than the Ghibli, 62 mph comes two tenths of a second slower at 4.5 seconds. Top speed is identical to the Ghibli at 202 mph, though. Last up is the Levante Trofeo, which makes do with the same exact engine as before. Interestingly enough, the Levante is quicker to 62 mph than the sedans, hitting the mark in just 4.1 seconds. However, Maserati has dressed up the exterior and interior a bit more. The three share interior design details, including Pieno Fiore leather, trident-embossed headrests, carbon trim and Trofeo-specific digital graphics.  The Ghibli and Quattroporte gain larger 10.1-inch touchscreens with better resolution. Maserati retained the 8.4-inch screen on the Levante, but updated it with better graphics and a higher resolution. Both timing and pricing remain question marks for the new Trofeo models. Related video:

Maserati dubs new SUV Levante, new sedan to resurrect Ghibli moniker

Building on the introduction of the GranCabrio MC that debuted at the Paris Motor Show, Maserati is planning three new models over the next couple of year in an attempt to raise sales to 50,000 units annually by 2015. While we think that that is a pretty lofty goal for a boutique automaker, redesigning its flagship sedan and adding two all-new models in popular segments sounds like a great plan of attack
The first new car we'll see from the Italian automaker is the next generation of the Quattroporte which will be a fitting way to celebrate the car's golden anniversary. We've already seen spy pictures of the new Quattroporte testing as well as a series of patent drawings that reportedly show the car's basic lines. Expect the new Quattroporte out sometime next year with a possible launch at the Detroit Auto Show.
Following the new Quattroporte, we'll finally get to climb behind the wheel of a Maserati SUV... just not the Kubang. Maserati confirmed that its new utility vehicle, based on the Jeep Grand Cherokee, will in fact be named the Levante. We already knew that Maserati would definitely not be using the odd Kubang name after this year, but if the Levante name sounds familiar, it's because we previously reported that this name would be used on a sedan slotting in below the Quattroporte.