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Stellantis tells UK: Change Brexit deal or watch car plants close

LONDON - British car plants will close with the loss of thousands of jobs unless the Brexit deal is swiftly renegotiated, Stellantis has told the UK parliament, the latest in a series of warnings from the industry since the country left the European Union. The world's No. 3 carmaker by sales and owner of 14 brands including Vauxhall, Peugeot, Citroen and Fiat said that under the current deal it would face tariffs when exporting electric vans to Europe from next year, when tougher post-Brexit rules come into force. "If the cost of EV (electric vehicle) manufacturing in the UK becomes uncompetitive and unsustainable, operations will close," Stellantis said in a submission to a House of Commons committee examining the prospects for Britain's EV industry. Stellantis urged the government to reach an agreement with the European Union about extending the current rules on the sourcing of parts until 2027 instead of the planned 2024 change. In response, a government spokesperson said the business secretary had raised the issue with the EU. "Watch this space, because we are very focused on making sure that the UK gets EV and manufacturing capacity," Britain's finance minister Jeremy Hunt said on Wednesday at a British Chambers of Commerce event. The potentially existential problem facing Britain's car industry is closely tied to the shift to EVs. Under the trade deal agreed when Britain left the bloc, 45% of the value of an EV being sold in the European Union must come from Britain or the EU from 2024 to avoid tariffs. The problem is that a battery pack can account for up to half a new EV's cost. Batteries are also heavy and expensive to move long distances. Experts have been warning since Britain left the EU at the end of 2020 that the country would need a number of EV battery gigafactories or potentially lose a hefty chunk of its car industry. Only Japan's Nissan has a small EV battery plant in Sunderland, with a second one on the way. Cost of failure Britishvolt, a startup which received UK government support for an ambitious 3.8 billion pound ($4.80 billion) battery plant at a site in northern England, filed for administration in January after struggling to raise funds. The company was then bought by Australia's Recharge Industries, which has yet to unveil plans for the site.

2018 Alfa Romeo Stelvio is like a taller, more practical Giulia

With the Giulia on its way to dealers in the coming months, Alfa Romeo's third current model for the US market is close behind. The 2018 Stelvio will give the company an offering in the ever-popular crossover SUV segment, and should bring Alfa's signature style and driving dynamics to the party. On paper, the Stelvio seems capable of delivering on classic Alfa fun. For starters it shares engines with the Giulia sedan, starting with a turbocharged 2.0-liter four-cylinder in the standard Stelvio and Stelvio Ti models making 280 horsepower and 306 lb-ft of torque. Alfa will offer a Quadrifoglio model as well, which has the same twin-turbocharged 2.9-liter V6 as the Giulia Quadrifoglio that pumps out 505 horsepower and 443 lb-ft of torque. The company claims that the Stelvio Quadrifoglio will get to 60 mph in 3.9 seconds, just a tenth behind the Giulia. View 11 Photos Regardless of trim level, every Stelvio sends power through an 8-speed automatic transmission connected to Alfa's Q4 all-wheel-drive system. A mechanical limited-slip rear differential is available, and the Quadrifoglio adds a torque-vectoring rear differential. The drivetrain propels an aluminum-intensive chassis. The doors, fenders, front and rear frame assemblies, and various suspension components are all made of the lightweight metal, contributing to a near 50/50 weight distribution front and rear. Suspension is independent all the way around, and the Quadrifoglio gets a sportier, adaptive version. Styling-wise, the Stelvio also lives up to the Giulia. In fact, it looks more or less like a tall Giulia wagon. The front fascia is roughly the same, just with a taller center grille and slightly more swept back lower sides. The slope of the nose is much less raked, too. The character lines along the flanks and even the rear bumper are all very similar to the Giulia Quadrifoglio. The one part that isn't as successful, though, is the tail end. It appears Alfa tried to give the Stelvio a gently sloping hatch, but the result is a bulbous backside with lot of sheet metal. Inside, the Stelvio again echoes its sedan sibling, though in this case the top of the dash peaks above the center screen and slopes down to the right vent. In the Giulia, the top of the dash drops down immediately from the gauge cluster, and only rises again at the right vent. Speaking of gauges, the Stelvio features a 7-inch screen nestled between the tach and speedometer, the latter reading up to 200 mph in the Quadrifoglio.

Stellantis to offer electric versions of most of its European lineup by 2025

Newly merged automaker conglomerate Stellantis will offer electric versions of almost all of its European lineup by 2025, it said on Thursday, as the auto industry faces regulatory pushes in Europe and China to accelerate the shift to zero-emission cars. Formed in January by the merger of France's PSA and Italian-American group Fiat Chrysler, Stellantis is the world’s fourth largest carmaker with 14 brands including Opel, Jeep, Ram and Maserati, and like its peers faces an investor community keen for a road map to an electric lineup to rival Tesla . Speaking during Stellantis' first annual shareholders meeting, Chief Executive Carlos Tavares said that in 2021 the carmaker expects sales of electrified vehicles — that is, both plug-in hybrids and fully electric models — to more than triple to over 400,000 units in 2021. By 2025, electrified vehicles should make up 38% of European sales, a huge jump from the 14% of sales it expects in 2021. Tavares said by 2030 electric models should make up 70% of European sales and 35% of U.S. sales. He said Stellantis will use four electric platforms for passenger vehicles across its 14-brand empire — small, medium and large sizes for cars, and "frame" for high-margin SUVs and pickup trucks. Sweden's Volvo said this month its lineup would be fully electric by 2030, and Ford Motor Co said in February its lineup in Europe would be too. BMW has said at least 50% of its car sales should be fully-electric models by 2030. Sales of electric and plug-in hybrid cars in the European Union almost trebled to over 1 million vehicles last year, accounting for more than 10% of overall sales. Green Alfa Romeo Fiat Jeep Maserati Citroen Lancia Opel Peugeot Vauxhall Electric Hybrid Stellantis