Yellow Alfa Spider on 2040-cars

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Watch Alfa's 4C storm up Goodwood's hillclimb course quicker than a Corvette

Alfa Romeo's gorgeous 4C remains a car that we in the United States are forced to admire from afar. Thankfully, our petrolheaded brethren in the UK and Europe seem all too happy to flaunt the 4C at most every opportunity. Take this video of the team at Goodwood, running the mid-engined Alfa up the estate's historic hill. Watching the 4C run the course while belting out its adorably angry engine note is plenty entertaining on its own. Of course, it gets better when the Goodwood folks lay down some serious rubber following the car's 61.1-second lap. That number bests the wet time of the Chevrolet Corvette Stingray, by the way. Have a look below for the full video from the team at Goodwood.

Just 45% of Fiat dealers are profitable, and they're angry about it

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On average, Fiat dealers have only been selling about 17 cars a month.
We've been wondering for some time how Fiat dealers in North America have been getting along with just one model range in their showrooms up until recently. Franchisees spent millions building, stocking and manning sleek new 'studio' showrooms, only to have but a single model to sell, the cherubic 500. And even with its many derivatives, the Cinquecento is still an inexpensive model with its attendant lower margins. Perhaps it should come as no surprise then, that just 45 percent of US Fiat dealers are said to be profitable.

Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.