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For his last act, Marchionne will outline an EV/hybrid roadmap this week

MILAN/LONDON — Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world's seventh-largest carmaker remains in the race in the absence of a merger. The 65-year-old will present FCA's strategy to 2022, his final contribution to the company he turned around and multiplied in value through 14 years of canny dealmaking. After failing to secure a tie-up he said was necessary to manage the costs of producing cleaner vehicles, Marchionne needs to show the group can keep churning out profits on its own, even as emissions rules tighten, SUV competition intensifies and worries around his succession abound. Marchionne had long refused to jump on the electrification bandwagon, saying he would only do so if selling battery-powered cars could be done at a profit. He even urged customers not to buy FCA's Fiat 500e, its only battery-powered model, because he was losing money on each sold. But Tesla's success and the need to comply with tougher emissions rules have forced Marchionne to commit to what he calls "most painful" spending. "FCA is way behind rivals in terms of hybrid and electric vehicles and they need to hit the accelerator to convince investors they can close that gap," said Andrea Pastorelli, a fund manager at 8a+ Investimenti. Germany's Volkswagen, Daimler, BMW and U.S. rivals GM and Ford have committed to spending billions of euros each in coming years to try produce profitable cars powered by cleaner fuels. FCA needs to present a clear roadmap, just like Volvo Cars, which ditched diesel from its best-selling XC60 SUV, launched a new electric brand and pledged to shift all brands to hybrid by 2019, a banking source close to FCA said, noting: "The tech divide determines winners and losers in the industry." Marchionne has already said half of the wider FCA fleet will incorporate some elements of electrification by 2022, while luxury marque Maserati will spearhead FCA's electrification drive by making all new models due after 2019 electric. But its plans remain vaguer and less advanced than most big rivals and some investors wonder about the capital required to make vehicles compliant, and what share of spending can go to electrification given FCA's numerous demands.

FCA inline-six rumored to be real, headed for Jeep Wagoneer

In September, Allpar reported that that clues being dropped at Fiat- Chrysler headquarters, in the carmaker's factories, and on engineer resumes pointed to the development of an inline six-cylinder engine. The site has just proclaimed the rumor is reality, writing that the straight-six, "turbocharged to meet or beat 5.7 Hemi power ratings, with a smoother torque curve, is on the way." The motor's first outing is expected to be either the next-generation Jeep Grand Cherokee, debuting perhaps next year, or the Jeep Wagoneer, debuting in 2020 or 2021. "Tornado" is the purported codename for the power plant said to be just under three liters in displacement, expanding the family begun with the Global Medium Engine 2.0-liter turbo codenamed Hurricane. Engine bay constraints and a long use horizon mean engineers won't simply add two more cylinders to the GME, however. Allpar says the brief is to keep the Tornado GME-T6 — the alphanumeric for "turbocharged six" — no more than three inches longer than the Tigershark 2.4-liter four-cylinder. That means "major design changes" that could include a space-saving head, more closely spaced cylinders, and no cylinder liners. An FCA division called Comau could be called on for its "SmartSpray" plasma lining technology. Allpar muses that the standard version of the engine for Chrysler, Dodge, Jeep, and Ram could get a single twin-scroll turbocharger. Performance trims for Alfa Romeo and Maserati could get different heads and maybe twin turbos, an SRT version might also get both those tweaks. History shows that the Italian versions would make changes to the block, as well. Even so, the Tornado would be less expensive than any Ferrari-supplied V6. A straight-six would put FCA in company with current adopters BMW and Mercedes-Benz, future users like Jaguar, and perhaps Aston Martin. The engine would span the widest range of use cases in the U.S. carmaker's portfolio, though. Potential applications include being a base engine for Ram trucks, serving double duty as a base engine and 5.7-liter Hemi replacement for the Dodge Charger and Challenger, working in the high-end Jeeps, and as a properly hot trim — with Ferrari-designed heads — in the luxury Italian sports cars. The Alfa Romeo Giulia begs for just such motivation to fill the gap between the 280-hp, $42,695 Ti Sport RWD and the 505-hp, $73,700 Giulia Quadrifoglio RWD. And a twin-turbo inline-six in a Maserati Alfieri would stack up nicely with the Germans.

Mussolini-owned 1930 Alfa Romeo race car getting full restoration

One of Alfa Romeo's most controversial race cars is getting treated to a full, concours-level restoration. Modified, worn-out, and incomplete, this 1930 6C 1750 was purchased new and raced by Italian dictator Benito Mussolini. Wearing chassis number 6C312898, the 6C 1750 was delivered new to Mussolini on January 13, 1930, and there are several images (one pictured) showing him behind the wheel. He paid 60,000 Lire for it. He entered it in several races across Italy during the early 1930s but didn't keep it long -- his well-known love of Fascism and international invasions seemingly muted the gearhead in him. It then went through several owners before ending up in the hands of a man named Renato Tigillo in 1937. He took the 6C with him when he moved to Eritrea, a country that joined Italian Somaliland and Ethiopia in the Italian East Africa administrative territory in 1936. The 6C was far less significant in the 1930s than in the 2020s, so the different pilots who owned it didn't think twice about stripping it to shed weight. Dozens of parts were removed and likely thrown away to prepare it for a strenuous new career racing under the scorching African sun. Dents, flaking paint, and a little bit of rust suggest life was tough. Precisely when it retired from racing, and what happened to it during the subsequent decades, remains unknown. There's no word on who owns it, either. All we know is that it's about to get completely torn down and painstakingly rebuilt by one of the best names in the business. United Kingdom-based restoration shop Thornley Kelham will return the 6C 1750 to the configuration it was in when Mussolini raced it during the early 1930s. That's a Herculean task considering the list of parts missing from the car is long. The original headlights, fenders, and wire wheels are no longer on it. Simon Thornley, the garage's co-founder, admitted the 6C 1750 is likely the most challenging restoration he's ever taken on, especially considering period images of the Stabilimenti Farina-built body are few and far between. It's worth it, though. "Automotive history like this has to be preserved," he said in a statement. Mussolini wasn't the only dictator that loved cars. Adolf Hitler was an enthusiast, too, and several of his cars -- including a 1939 Mercedes-Benz 770k -- have been sold at auction in recent years. Related Video: