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Alfa Romeo Giulia SWB Zagato revealed as a glorious green one-off coupe

Christmas came a few days early for one lucky enthusiast in Germany. Italian design house Zagato unveiled a one-off, carbon fiber-bodied coupe called Alfa Romeo Giulia SWB Zagato that features a twin-turbocharged V6 and that was commissioned by a German collector. Zagato explained that it launched the project to celebrate 100 years of collaborating with Alfa Romeo, the current-generation Giulia and the V6 engine. It started by shortening the Giorgio platform that the Giulia and Stelvio are both built on. It then drew a head-turning coupe that borrows a handful of styling cues from several past and present Alfa models. The front end is dominated by air intakes (including one shaped like the Alfa grille) and it features a pair of Tonale-like LED headlights. The coupe's profile is characterized by a long hood, a short rear end and a carbon fiber double-bubble roof panel left unpainted, while the back end gets a thin, curved light bar and a massive air diffuser. While several cars inspired designers, including the 1989 SZ that Zagato helped design, the Giulia SWB isn't full-on retro or old-school in any way. It features carbon fiber body panels and it's powered by an evolution of the 2.9-liter, twin-turbocharged V6 engine fitted to the Giulia Quadrifoglio that's been updated to GTAm specifications. Technical specifications weren't released, but the GTAm's six is tuned to develop 540 horsepower and 442 pound-feet of torque. Starting with the Quadrifoglio's engine gave Zagato a big advantage: the V6 spins the rear wheels via a six-speed manual transmission. The limited-edition GTAm is exclusively offered with an eight-speed automatic transmission. From the driver's perspective, the cabin is mostly standard Giulia fare; you'll find the same steering wheel, touchscreen, air vents and climate control interface in the same locations as in the Giulia. Green accents and several model-specific carbon fiber trim pieces help the SWB stand out from the sedan it's based on, and a major difference between the two cars is that the coupe is fitted with only two seats.  Zagato delivered the Giulia SWB to its new owner after shooting the photos you see in our gallery on the La Pista race track located near Alfa Romeo's hometown of Milan, Italy. There's no word on who owns it yet; all we know is that the coupe will join what sounds like a massive collection of high-end cars that includes an 8C Competizione, a 1990 SZ, plus a handful of Zagato-bodied Aston Martin models.

Stellantis sees vehicle loan durations extended amid banking turmoil

Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker's head for the business said. Chief Affiliates Officer Philippe de Rovira said loans which normally had a three-year maturity were now increasingly moved to four years. "This allows customers to get a car for a monthly instalment that is similar to that they had before," he said. The world's third largest carmaker by sales on Tuesday announced it had completed a plan announced in late 2021 to reshuffle and simplify its leasing and financing operations in Europe. Under its terms, Stellantis created a 50-50 single long term multi-brand leasing company named Leasys with Credit Agricole Consumer Finance. It also set up local joint ventures in European countries for its new Stellantis Financial Services unit, formerly Banque PSA Finance, with BNP Paribas Personal Finance and Santander Consumer Finance. "These banks have always had better funding conditions than those we can have as an automaker," de Rovira said. Benefits of the plan included cutting the number of financing and leasing entities the group runs in each country and the number of IT systems it uses, with expected savings exceeding 30% in this particular area, he added. De Rovira said the group had a huge portfolio of orders it had not yet delivered due to supply chain shortages impacting production. "Demand is not our main issue. The issue is to deliver as fast as we can cars that are in our order portfolio, which is still at record levels," he said. The group aims to expand its corporate leased vehicle fleet to more than one million units in 2026 and to double net income from its so-called banking activities to 5.8 billion euros ($6.3 billion) by 2030. De Rovira said Stellantis was not seeing a downward trend in vehicle pricing. "Probably the significant price increases we have seen in 2021 and 2022 will not be repeated because the context is changing, but for the moment we don't see decreases, we see stabilisation". ($1 = 0.9188 euros) (Reporting by Giulio Piovaccari and Gilles Guillaume; Editing by Jan Harvey) Earnings/Financials Plants/Manufacturing Alfa Romeo Chrysler Dodge Jeep RAM

Italian team hitting the track in an electric Alfa Romeo Giulia touring car

Alfa Romeo isn't scheduled to introduce its first electric model until the early 2020s, but the Giulia is giving up gasoline a little bit sooner to participate in the burgeoning ETCR racing series. Italian tuner and race car builder Romeo Ferraris — which isn't officially associated with Alfa Romeo or Ferrari — published renderings of the track-only sedan it plans to start racing in the coming months. Low, wide and winged, the Giulia ETCR looks ready to line up on the starting grid. And, as is often the case with racing cars, it shares little more than a silhouette with the street-legal sports sedan it's based on. The lights on both ends look nearly stock, but almost everything was developed from scratch by Romeo Ferraris and partner Hexathron Racing System. The 54-year old company pointed out the Giulia is its first electric car, and it stressed it developed the model without Alfa Romeo's support. Its 350-horsepower Giulietta TCR was an in-house project as well. While Romeo Ferraris hasn't published technical specifications, the ETCR regulations give us a good idea of what's under the body. Every car will be powered by the same motors, single-speed gearbox, inverter, and 65-kilowatt-hour lithium-ion battery pack. Series overseer WSC will provide the battery, while the other components will come from Williams Advanced Engineering. The powertrain makes 400 horsepower continuously, and it delivers a maximum output of 670 horsepower. The ETCR series will launch in 2020, though the calendar surprisingly hasn't been published yet. The battery-powered Giulia will need to fend off competition from a similarly modified Hyundai Veloster, and the e-Racer developed by Cupra, which was recently spun off from Volkswagen-owned SEAT. We expect other automakers will toss their hat in the ring in the coming months.