1990 Alfa Romeo "quadrifoglio" Convertible Roadster "no Reserve" on 2040-cars

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Sergio rethinks FCA-GM merger idea, dismisses critics

After many public overtures, Fiat Chrysler Automotive CEO Sergio Marchionne has claimed his company won't be making a hostile takeover bid for General Motors. This is despite widespread speculation that FCA's desire to merge was motivated by its allegedly dire situation. As one unnamed GM exec who spoke to Automotive News earlier this year put it, "Why should [GM] bail out FCA?" "We are not choking. We are in relatively decent shape," Marchionne told journalists attending an FCA shareholder meeting in Amsterdam, AN reports. "We have been publicly rebuffed, we have been rejected and you cannot force these things. I don't want to. At the moment, we have no intention to do anything hostile." Instead of focusing on merging with GM, or any other partners for that matter, FCA will refocus on implementing its ambitious five-year investment plan, which would see it dump $52 billion into its various brands, with a particular focus on Alfa Romeo, Maserati, and Jeep. So far the attempt has largely been unsuccessful, especially as it relates to the Italian brands. Earlier this week, additional reports emerged that claimed Alfa was pushing back the Giulia and an unnamed CUV while reassigning resources to updated versions of the Giulietta and MiTo hatchbacks. This is not the first time we've heard about trouble for the Giulia, of course. For Masearti, though, it was the first we'd heard of delays for Alfieri sports car, which allegedly won't appear in 2016, as promised. We can expect a proper breakdown of FCA's adjusted plans when Marchionne and Company reveal an updated product slate next month. Related Video: The video meant to be presented here is no longer available. Sorry for the inconvenience. News Source: Automotive News - sub. req.Image Credit: Paul Sancya / AP Alfa Romeo Chrysler Fiat GM Jeep Maserati Sergio Marchionne FCA

Planned Alfa Romeo 8C and GTV don't appear to have a future anymore

The two Alfa Romeos we’ve been looking forward to most donÂ’t appear to have much of a future anymore, according to a report from Automobile. Both the 8C and GTV no longer exist on AlfaÂ’s product roadmap, and Mike Manley suggested they were canned, as well. “In the near term, the new portfolio for the brand is significantly scaled back with a corresponding reduction in capital spending,” Manley said, referring to Alfa Romeo in the companyÂ’s third-quarter earnings call. We've asked FCA if it can explicitly confirm anything on the 8C and GTV, but it offered no comment on the report. Additionally, FCAÂ’s presentation (uncovered by Motor1) of future Alfa Romeo vehicles left the 8C and GTV off the list. The only new cars planned for the future include a production version of the Tonale crossover and another unnamed crossover. FCAÂ’s presentation also states: “brand to focus on current market strengths with reduced global reach and overlap with other Group brands.” We all know that the strength of the market is in crossovers right now, so itÂ’s easy to infer what happens from there. Expensive, luxury sports cars are not where the scale and money is at for Alfa Romeo, a brand that isnÂ’t exactly thriving from a sales perspective today. Sales for both the Stelvio and Giulia are down in 2019 as those cars exit their honeymoon phase. Alfa is expected to have a midcycle refresh ready for consumption in 2021, so perhaps that could provide a temporary boost in sales for the Italian brand. FCA also said itÂ’s reducing planned capital spending on Alfa Romeo, which could hurt the brand even more in the future. This earnings call came the same day that the FCA-PSA merger was announced, throwing another wrench into the plan. WeÂ’re not yet sure what the merger will mean for Alfa Romeo and its presence in America, but we imagine more news on that will be coming as the companies transition to this new life together. The Giorgio platform appears to be safe for the time being, as Manley expressed his intentions to keep it around. This platform (underpinning both the Giulia and Stelvio) was developed with electrification of the powertrain in mind, so itÂ’ll be capable of handling a number of electrification efforts in FCAÂ’s future. We only wish the promising 8C and GTV wouldÂ’ve made it to production, but even Alfa appears to be thinning the herd of cars in favor of crossovers.

Touring Superleggera planning a tribute to one of Alfa Romeo's most beautiful cars

Italian coachbuilder Touring Superleggera will help Alfa Romeo celebrate its 110th birthday by putting a modern spin on one of its most graceful sports cars. Called Berlinetta Aero, the coupe will break cover in July 2020. The preview image released by Touring Superleggera does a formidable job of hiding the model's overall lines. It shows what's essentially a sculpture that's half shrouded in darkness. However, it's revealing enough to tell stylists traced a parallel between the Berlinetta Aero and the one-off Alfa Romeo 8C 2900 B Speciale Tipo Le Mans (pictured below) built by Touring to compete in the 1938 edition of the 24 Hours of Le Mans. It wore an extra-long hood and a short rear end, defining styling cues that seem to appear on the modern recreation. Alfa Romeo 8C 2900 B Speciale Tipo Le Mans View 3 Photos As its name indicates, the 8C 2900 was powered by a 2.9-liter straight-eight that sent 220 horsepower to the rear wheels via a four-speed manual transmission. Touring doesn't have a straight-eight to play with in 2020, so it will allegedly power the Berlinetta Touring with the Giulia GTA's twin-turbocharged 2.9-liter V6. It develops 540 horsepower when it's bolted in the Alfa's engine bay, though a power hike isn't inconceivable. Touring Superleggera planned to introduce the Berlinetta Aero at the Goodwood Festival of Speed, but the 2020 event was postponed due to the coronavirus pandemic. Its unveiling will consequently take place online, according to Italian website Motori. Additional details (like the unveiling date) will be published in the coming weeks. Touring hasn't said anything about pricing or production figures yet, but it's safe to assume the Berlinetta Aero will be expensive and rare. For context, it capped production of the gorgeous, 8C-based Disco Volante it unveiled in 2012 at eight examples, and it built five units of the Ferrari F12-based Berlinetta Lusso shown in 2015.