2020 Alfa Romeo Stelvio on 2040-cars

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Stellantis expects strike to cost it $795 million in third-quarter profits

MILAN — Automaker Stellantis said Tuesday that the autoworkers strike in North America is expected to cost the company around 750 million euros ($795 million) in profits — less than its North American competitors. The Europe-based maker of Jeep, Fiat and Peugeot reported a 7% boost in net revenues to 45.1 billion euros, with production halts caused by the strikes costing the company 3 billion euros in sales through October. The net revenue boost was due to higher volumes in all markets except Asia. Chief Financial Officer Natalie Knight told journalists that StellantisÂ’ strike impact was lower than the other Big Three automakers due to its global profile as well as some high-profile cost-cutting measures, calculating the hit at around 750 million euros ($795 million.) GM, the last carmaker to reach a deal to end the strike, reported an $800 million strike hit. Ford has put its impact at $1.3 billion. “We continue to be in a very strong position globally and in the U.S. This is an important market for us, and weÂ’re highly profitable and we are very committed to our future," Knight said. “But mitigation is core to how we act, and how we proceed.” Stellantis has canceled appearances at the CES technology show in Las Vegas next year as well as the LA Auto Show, due to the strike impact. Stellantis on Saturday reached a tentative agreement with the United Auto Workers Union to end a six-week strike by more than 14,000 workers at its assembly plants in Michigan and Ohio, and at parts warehouses across the nation. Stellantis does not report full earnings for the third quarter, instead providing shipments and revenues. It said that global sales of electric vehicles rose by 37% over a year earlier, powered by the Jeep Avenger and commercial vehicle sales. North America continued to be the revenue leader, contributing 21.5 billion euros, an increase of 2% over last year, and representing nearly half of global revenues. Europe, the next biggest performing region, saw revenues grow 5% to 14 billion euros, as sales rose 11%. Related video: Earnings/Financials UAW/Unions Alfa Romeo Chrysler Dodge Fiat Jeep Maserati RAM

Amazon opens contest for The Grand Tour tickets in the US

British enthusiasts already had the opportunity to win tickets to the first taping of The Grand Tour, and now Amazon has opened up a similar chance for customers in the US. In celebration of Prime Day, which starts today, customers in the US can enter The Grand Tour Prime Day Prize Draw. The prize includes travel, $200 to spend, accommodation, and a meet and greet with Jeremy Clarkson, Richard Hammond, and James May. Customers that are interested fulfilling a childhood dream should visit Amazon's website and fill out the entry form soon as the draw closes on July 12. The Grand Tour will launch this fall as an exclusive for Amazon Prime members with the exact city locations for studio records set to be revealed later this summer. Amazon, however, did reveal that the trio will host shows in the UK, US, and Germany. So there's no need to get too upset if you don't win the draw. With Top Gear getting a major shakeup with the departure of Chris Evans, we're itching to see Clarkson, Hammond, and May behind the wheel of cars again. The trio, it seems, is also excited to get the new show rolling as Clarkson posted a drifty video on his Facebook page. The trio are currently in Italy filming a comparison between an Aston Martin DB11, a Dodge Challenger SRT Hellcat, and Rolls-Royce Dawn. The five-second clip has the Challenger Hellcat and DB11 drifting head-on into the camera crew, which is behind the wheel of an Alfa Romeo. News Source: Amazon, FacebookImage Credit: The Grand Tour TV/Movies Alfa Romeo Aston Martin Dodge the grand tour

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.