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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.

2021 Maserati updates: Android Automotive infotainment, enhanced driver assists, design tweaks

A new infotainment system with a larger touchscreen highlights the changes to the 2021 Maserati Ghibli and Quattroporte, while the Levante SUV makes do with a minor update to its existing system as well as styling tweaks. The major changes are concentrated on the interior. The Ghibli and Quattroporte ditch their former Uconnect-based infotainment systems for an all-new system using Android Automotive software, and screen size grows from 8.4 inches to 10.1 inches with higher resolution and a frameless design. A Maserati Connect app is available for smartphones and smartwatches and also works with Amazon Alexa and Google Assistant. The Levante retains its 8.4-inch unit but with improved resolution. The interiors of all three models also see an upgrade to the instrument cluster. The cluster's driver-information display gets enhanced resolution, while the gauges are redesigned for a more premium appearance. And the plastic covering over the instruments has been replaced with glass. The sedans and SUV also add a new Advanced Driving Assist. The semi-autonomous lane-centering feature works in conjunction with the adaptive cruise control. It's basically an evolution of the existing Highway Assist, the difference being its ability to work on more secondary roads rather than just major highways. Finally, all three models get new grille designs (available in chrome or black) and new taillights with what Maserati describes as a "boomerang" graphic, inspired by the 3200 GT coupe. Related video:  

2023 Maserati Grecale revealed with 523-hp twin-turbo V6

After months of releasing preview images and several delays, Maserati has introduced the Grecale, its long-awaited entry-level SUV. The sub-Levante model is aimed directly at the Porsche Macan, and it will likely become the firm's best-selling nameplate in the coming years. The latest addition to the Maserati range stretches 191 inches long and 66 inches tall, dimensions that make it about six inches shorter and nearly the same height as the Levante. Visually, it illustrates what Maserati design boss Klaus Busse meant when he told us that future Maserati models would borrow styling cues from the MC20: its front end is defined by a wide grille positioned below a pair of elongated headlights. Viewed from the side, the Grecale leans more toward sportiness than utility, while the back end wears horizontal lights connected by a strip of bright trim. Vents chiseled into the fenders and trident-shaped logos on the C-pillars link the SUV to the rest of the Maserati range. It's a design that works, in our opinion: The Grecale is recognizable as a Maserati but not a copy of an existing model. Busse told us that the idea wasn't merely to Xerox the MC20's front end onto the body of an SUV. "The design philosophy that I laid out in the beginning was actually done before we designed [the MC20 and the Grecale]. We really had to sit down and get our ahead around what we want to do with the next chapter of the brand. The reality is that 70% of the design process is understanding the message that you want to create, and the car then designs itself and the remaining 30% is just putting it on paper. We didn't want to design the car purely for Instagram; end up with a car loaded with real or fake features, lines, and creases. We're very much about purity. Maserati is a very strong performing car, so it doesn't need to shout, "Hey, look at me!" Quite the opposite; it wants to be a rolling structure, a car that adds almost visual value to its environment. That's the overreaching philosophy," Busse told Autoblog. Inside, Maserati integrated a relatively long list of tech features without making the dashboard look like the automotive equivalent of an iPhone. The driver faces up to four screens: a 12.3-inch digital instrument cluster, a 12.3-inch touchscreen for the Maserati Intelligent Assistant (MIA) digital instrument cluster, an 8.8-inch touchscreen positioned right below, and a digital clock — yes, that seemingly counts as a screen.