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Everything we know about the Alfa Romeo Stelvio

Alfa Romeo is working rapidly on putting a crossover onto the road and these latest awkwardly-shaped spy shots are our best look at the upcoming Stelvio. Crossovers and compact SUVs are still outrageously popular with Americans and Alfa Romeo wants in on the ever-growing segment. The upcoming Stelvio, then, would make Alfa more profitable and make the storied brand once again a household name. Here's an overview of everything we know about the Stelvio. October 24, 2016: A moderately-camouflaged Stelvio is spotted testing in broad daylight with minimal updates. The most recent prototype has three strangely-shaped ridges on the hood, while the headlights and taillights, despite being taped off, still appear to be taken straight from the Giulia sedan. The profile mimics that of the Porsche Macan with the bulbous rear end gaining massive exhaust tips. View 12 Photos October 11, 2016: Photographers captured a lightly-camouflaged Stelvio testing in Europe at night, giving us our best look at the SUV's design. The front of the vehicle shares the same front fascia design as the Giulia sedan with two oval-shaped inlets on the side and the automaker's iconic rounded-triangle grille. The headlights also appear to be the same slit-like units on the Giulia, as well. The side profile of the SUV portrays a rounder design than displayed on previous prototypes that photographers have spotted. At the rear, two small tail pipes protrude out of the vehicle, while the taillights appear to be similar to the Giulia's, too. Unsurprisingly, the Stelvio looks comparable to a Giulia on stilts. View 7 Photos June 28, 2016: A prototype of the Stelvio is spotted wearing a massive amount of camouflage, making the shape and overall design of the SUV hard to discern. Again, the automaker's well-known front end is easy to spot, as are the two large exhaust outlets at the back. The rear end, though, features an interesting, rakish design that is more in line with a Sportback than a SUV. Photographers also managed to get pictures of the SUV's interior, which featured birch-like wood, an integrated screen, and large paddle shifters behind the thick steering wheel. Just like on the Giulia, the start-stop button is mounted directly onto the steering wheel. View 10 Photos April 7, 2016: The Alfa Romeo Stelvio is spotted testing for the first time. Alfa Romeo was caught testing a heavily-camouflaged prototype of the Stelvio wearing an insane amount of unsightly black plastic.

Fiat Chrysler's Q3 profit boosted by strong North American earnings

MILAN, Italy — Fiat Chrysler Automobiles (FCA) reported a 17 percent jump in third-quarter adjusted operating profit on Tuesday, helped by a strong performance in its key North American market and improving operations in Europe and Latin America. The world's seventh-largest carmaker still makes the lion's share of its profits in North America, so improving, or at least maintaining, its margins there is a key focus. The carmaker reported an 8 percent adjusted operating profit margin in the region, up from 7.6 percent a year ago, despite a drop in sales and shipments. "FCA's profitability in North America remained strong in the quarter despite a weakening market there," a Milan-based analyst said. FCA's profitability compares with an 8.3 percent North America margin reached in the quarter by bigger U.S. rival GM , showing CEO Sergio Marchionne making progress towards his goal of closing the margin gap with GM and the company's other U.S. rival, Ford, by 2018. The company's confirmation of its full-year outlook also pushed shares higher, a trader added. The stock was up 2.8 percent by 1129 GMT, outperforming a 1 percent rise in the European auto index. FCA has been retooling some U.S. factories to boost output of sport-utility vehicles (SUVs) and trucks while ending production of some unprofitable sedans to strengthen profitability as the U.S. car market comes off its peak. The company said a drop in North America shipments due to lower fleet sales and discontinued models was partially offset by higher deliveries of Ram trucks and two models from the Alfa Romeo stable: the Stelvio sport utility vehicle and Giulia sedan. Profitability also improved in Europe, helped by sales of the Stelvio and the new Jeep Compass, and Latin America, while margins at Maserati remained strong at 13.8 percent due to strong demand for its first SUV, the Levante. In a later conference call, investors are looking for hints on the new strategy to 2022 which the company promised to unveil early next year. Chief Executive Sergio Marchionne said earlier this year that FCA would streamline its portfolio and that components businesses, including Magneti Marelli, would be separated from the group, possibly via a spin-off. While FCA confirmed its targets this year, doubts remain about its exposure to a weakening U.S. market, recall costs and potential fines over emissions after it was targeted by European and U.S.

Alfa Romeo should return to Formula One ASAP

Alfa Romeo should absolutely return to Formula One. It would benefit the company, and it would benefit the sport. By extension, it would benefit enthusiasts. Let's break it down: Self-Interest: Alfa is struggling to reboot as a viable modern automaker. Americans love the idea of an Alfa but sometimes associate it with the movie The Graduate, which is nearly 50 years old, and the vague notion of sporty convertibles. It's mythic, but murky. Still, this is a big name in automotive history. If you asked a random person on the street: Do you want to drive an Alfa Romeo? They'd almost certainly say yes. F1 is the pinnacle of motorsport. By competing in the World Championship and even better – winning – Alfa could legitimately claim it's not a museum piece, but a company on the edge of technology. And in this case, history is in Alfa's favor. Its drivers, Giuseppe Farina (shown above in 1950) and Juan Manuel Fangio, won the first two Formula One titles in 1950-51. This is a company that's won at LeMans, Mille Miglia, and Targa Florio. Sure, those are some dusty trophies, but the people who would consider buying an Alfa are connoisseurs. They appreciate the bloodlines. F1 Would Be Better: This doesn't matter to Alfa, but the sport would be more interesting with Alfa on the grid. Can you imagine an Alfa in a pitched fight with a Ferrari (say with Sebastian Vettel as the wheel) at Monza? F1 could use some new storylines and rivalries. Simply having an Alfa Romeo team on the grid would spice things up. Use engines from Ferrari. That makes the most sense, and Ferrari already sells its units to other teams. Some of them might as well go to another Italian outfit that still probably wouldn't have the same resources as the Scuderia. Enzo Ferrari started out at Alfa, by the way. It's A Win-Win For Enthusiasts: Fiat Chrysler CEO Sergio Marchionne has said a lot of curious things lately, but he's spot-on with the notion of Alfa returning to F1. If that happens, it would make Alfa's new models, like the Giulia and 4C, seem sportier. It would remind collectors just how special the old ones are. And it would make Formula One a more compelling sport. Yes, F1 is wildly expensive. But FCA can find money to do Hellcats and hybrid minivans. It should double-down on Alfa's return to F1. Related Video: