Auto blog

Share price falls on skepticism of Chrysler-Fiat five-year plan

Following this week's Fiat Chrysler extravaganza, where the Italian-American manufacturer announced its plans for the next five years, the Autoblog staff was cautiously optimistic of the company's future. Investors? Not so much.
Fiat saw its shares tumble 12 percent in Wednesday's trading, falling from 8.67 euros ($12.06 at today's rates) to 7.44 euros ($10.35) as of this writing, with blame partly going to the Italian half of the FCA marriage, which recorded a pretty significant drop in profits during the first quarter of this year.
The plan, which will cost around $77 billion over the next several years, is facing criticism from investors thanks in part to a 1.4-percent drop in Fiat's first-quarter profits, to 622 million euros ($862 million). That figure is also short of Bloomberg analysts' projections, which predicted $1.18 billion in profits before taxes, interest and one-time items.

Maserati bringing a car that "opens up new frontiers" to Paris

We're not expecting to see a production version of the coming mid-engined Maserati coupe, expected to be named GranSport, for another few years; however, we might see it in concept form in just a few weeks at the Paris Motor Show. Australian site Car Advice got hold of an e-mail Maserati sent to friends of the Trident, and the first of the six cars mentioned is a "world premiere of a car that opens up new frontiers in terms of exclusiveness, performance and style."
Car Advice says it has been told that this will be a concept form of the GranSport, the GranTurismo replacement set to take on the Porsche 911 with ample use of carbon fiber and a 1,200-kilogram (2,600-pound) curb weight or thereabouts. The GranTurismo's 4.7-liter V8 hasn't been ruled out of the engine bay yet according to reports, but rumors persist that it will use the Ferrari-sourced twin-turbo V6 with 442 horsepower running power to the rear wheels through a seven-speed dual-clutch transmission, and have a 0-60 time of something like four seconds.
We can't see the full content of the e-mail, but among the other five cars that have been announced for the stand are the GranTurismo Sport and GranTurismo MC Stradale. With the 2014 Quattroporte not appearing until the 2013 Detroit Auto Show, the Kubang concept said to be retired before the debut of the production version at the 2014 Detroit show and the Levante still just a wee mule, guesses for the three remaining three would be variations on current models. Not that there's anything wrong with that when it's Maserati we're talking about...

1967 Maserati Ghibli puts the grand in grand tourer

Motor Tend technical director Frank Markus owns a 1967 Maserati Ghibli, bought back in the early 2000s when "they could be had for Camry money" - now Hagerty values them anywhere from $63,000 to $107,000. The grand tourer designed by Giorgetto Giugiaro outsold the more powerful and less expensive Ferrari 365 Daytona, and the more powerful and more expensive Lamborghini Miura.
Carlos Lago, host of the magazine's Ignition video series, figures it's because of the Ghibli's long-haul comfort and the tractability of its 4.7-liter V8 with 330-horsepower and 330 pound-feet accessed with a five-speed manual, even though he cites the powertrain and suspension as being behind the times.
There's no arguing about the Ghibli's sound, though. You can get several ears-full of it, as well as Lagos' and Markus' thoughts on the car, in the video above.