Sweet 1989-90 Alfa Romeo Spider Veloce Original 48042 on 2040-cars

Auto blog

Fiat Chrysler's Q3 profit boosted by strong North American earnings

MILAN, Italy — Fiat Chrysler Automobiles (FCA) reported a 17 percent jump in third-quarter adjusted operating profit on Tuesday, helped by a strong performance in its key North American market and improving operations in Europe and Latin America. The world's seventh-largest carmaker still makes the lion's share of its profits in North America, so improving, or at least maintaining, its margins there is a key focus. The carmaker reported an 8 percent adjusted operating profit margin in the region, up from 7.6 percent a year ago, despite a drop in sales and shipments. "FCA's profitability in North America remained strong in the quarter despite a weakening market there," a Milan-based analyst said. FCA's profitability compares with an 8.3 percent North America margin reached in the quarter by bigger U.S. rival GM , showing CEO Sergio Marchionne making progress towards his goal of closing the margin gap with GM and the company's other U.S. rival, Ford, by 2018. The company's confirmation of its full-year outlook also pushed shares higher, a trader added. The stock was up 2.8 percent by 1129 GMT, outperforming a 1 percent rise in the European auto index. FCA has been retooling some U.S. factories to boost output of sport-utility vehicles (SUVs) and trucks while ending production of some unprofitable sedans to strengthen profitability as the U.S. car market comes off its peak. The company said a drop in North America shipments due to lower fleet sales and discontinued models was partially offset by higher deliveries of Ram trucks and two models from the Alfa Romeo stable: the Stelvio sport utility vehicle and Giulia sedan. Profitability also improved in Europe, helped by sales of the Stelvio and the new Jeep Compass, and Latin America, while margins at Maserati remained strong at 13.8 percent due to strong demand for its first SUV, the Levante. In a later conference call, investors are looking for hints on the new strategy to 2022 which the company promised to unveil early next year. Chief Executive Sergio Marchionne said earlier this year that FCA would streamline its portfolio and that components businesses, including Magneti Marelli, would be separated from the group, possibly via a spin-off. While FCA confirmed its targets this year, doubts remain about its exposure to a weakening U.S. market, recall costs and potential fines over emissions after it was targeted by European and U.S.

Alfa Romeo's midsize sedan due in June, and we'll get it

As the calendar shifts, so do Alfa Romeo's plans. At the LA Auto Show, Harald Wester, head of Alfa Romeo, said the brand would unveil its second US model – after the 4C – next June, but he wouldn't identify the type of car. A report in Automotive News Europe, quoting sources, says that it will be a midsize sedan in the mold of the erstwhile 159 (pictured) that was supposed to become the Giulia but now has a new brief and perhaps a new name. "Giulia" should be familiar because we've been hearing about it for more than three years – in fact it was 2011 when it was thrown back on the drawing board for a complete redesign. Last year the plan – or the anonymously-sourced bits of the plan that we kept getting – were for the platform to go rear-wheel drive and do duty for both a BMW 3 Series and 5 Series competitor. ANE's latest intel is that the coming midsize sedan will be come in between the 3 Series and 5 Series – a strategy used by the original Cadillac CTS – slotting in beneath a "flagship sedan" that would fit between the 5 Series and 7 Series. That would appear to contradict a direct challenge to the entry-level segment's standard-bearer, and perhaps the M3, too. Those two Alfa sedans would be part of an eight-model onslaught happening over the next four years, which is a new matrix compared to April of this year when that was reported to be six models over the next five years. ANE says work has started on three of them, a midsize SUV said to be the third. The push is to get Alfa to 400,000 annual sales – 100,000 more than the April target – with the US accounting for 150,000 of that. News Source: Automotive News Europe - sub. req. Alfa Romeo Sedan alfa romeo giulia giulia

2020 Alfa Romeo Stelvio Review & Buying Guide | Small but significant changes

The 2020 Alfa Romeo Stelvio is a luxury SUV aimed at folks who want something different – not necessarily to be flashy, but just to stand out in a crowd of grey Audis and black BMWs. Besides its badge and decidedly un-German styling, the Stelvio drives like no other luxury SUV. It has quick steering with great feel and excellent road holding that provide the sort of involved driving experience you probably don't expect from a high-riding crossover – and that goes triple for the outrageous, 505-horsepower Quadrifoglio that is without question the most desirable and competitive Stelvio. However, to this point, choosing the Stelvio also meant putting up with some overtly cheap interior pieces, an arcane infotainment system, few accident avoidance technologies and a poor reliability reputation. As you'll read below, all but the reliability issue have been addressed for 2020 – and only time will tell if the reliability's been improved. These changes are welcome and make the Stelvio much easier to make a case for getting something different. What's new with Stelvio for 2020? The interior's cheap and wobbly switchgear, which so obviously stood out in the 2019 Stelvio, gets a welcome upgrade for 2020. The electronic shifter is a little more solid in action, it's now covered in stitched perforated leather and surrounded by a metallic housing festooned with a little Italian flag. The electronic parking brake has been relocated to the left of it. The center console has also been redesigned to accommodate a wireless charging pad. Knobs for the "dna" drive mode selector, volume/track and the infotainment control knob feel more solid, while the latter is ringed by a nice knurled metal finish. That knob, however, has become a redundant control interface as the 8.8-inch infotainment display is now touch-operated as well. It also has new graphics and a new interface with a configurable home screen. It's a definite improvement over what was there before. The Stelvio also gets more advanced accident avoidance tech, most of which are among the best-executed on the market. The base price has also gone down by about $1,000 for 2020 despite these upgrades. That's rare. What's the Stelvio's interior and in-car technology like? Despite its many worthwhile upgrades for 2020, the Stelvio's interior still doesn't possess the same luxurious look and feel you'll find in an Audi, BMW, Mercedes, Porsche or Volvo.