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Junkyard Gem: 1992 Alfa Romeo 164S

Even after Citroen, Fiat, Renault and Peugeot departed the United States (in 1975, 1983, 1988 and 1991, respectively, though Malcolm Bricklin continued to sell Fiat 124 Sport Spiders and X1/9s with Pininfarina and Bertone badges for a few more years), Alfa Romeo managed to hang on all the way through 1995. The final Alfa Romeo models available here (prior to the brand's return to our shores in 2009) were the old-school Spider Veloce sports car and the mean-looking 164 sedan. The 164 sold well enough here that I still see examples on the street now and then, and I find discarded ones in car graveyards as well. Today's Junkyard Gem is the top-of-the-line 164 available in 1992, the mighty S version, found in a Denver self-service yard last month. In 1992, American Alfa shoppers could spend $25,865 on the base 164, $29,456 on the more luxurious 164L, or $32,054 for the factory-hot-rod 164S (that's about $50,885, $57,950, and $63,060, respectively, in inflation-adjusted 2021 dollars). Comparing the numbers of the 164S against those of the BMW 535i for 1992 make the Alfa look like quite a deal. The big-engined 535i boasted 208 horsepower and had a $44,350 sticker price, while the monstrous M5 had 310 horses… but would set you back $58,600). That means the Alfa cost just under 75% as much as its Bavarian rival. Meanwhile, the Alfa 164S had this 3.0-liter V6 making 200 horsepower. That gave the 535i and 164S near-identical power-to-weight ratios (17.2 lb/hp for the BMW, 17.4 for the Alfa). Admittedly, the 164S's power went to the front wheels while the 535i had rear-wheel-drive, but the Alfa's 3.0 looked and sounded much better than the BMW's 3.4 (and it's nearly impossible to make a V6 sound better than a straight-six, as anyone who has endured the ailing-bovine groan of most 1990s Detroit V6s can affirm). You could get a four-speed ZF automatic on the 164 and 164L in 1992, but the 164S had just one transmission available: a five-speed manual. This car isn't rusty and the interior looked very nice for a near-30-year-old car in Colorado, but there are few with the mechanical skills and sheer bravery to take on one of these cars with nearly 200,000 miles on the clock. Its next stop shall be The Crusher. This Euro-market commercial is for the 164 with quad-cam "super" V6, available here only for the 1993 through 1995 model years, but you get the idea. In Europe, Alfa Romeo outsold both Honda and Saab! What better reason to buy a 164?

Alfa Romeo Giulia GTA heritage liveries revealed, and here's what it will cost

Alfa Romeo created the Giulia GTA as a tribute to one of its most successful race cars, and the connection between the two models won't stop at the nameplate. Buyers will have the chance to order their hot-rodded sedan in one of several heritage-laced paint combinations worn decades ago by race-winning models. Designers immersed themselves in Alfa Romeo's archives department to analyze the most emblematic color combinations worn by the original GTA and its derivatives during the 1960s and the 1970s. White with green stripes was common, as was red with a yellow front fascia. The firm often competed with red cars, so painting the front end yellow, white, or another contrasting color allowed race officials and fans to quickly identify the driver. Stylists working in Alfa Romeo's Centro Stile then re-interpreted their favorite liveries to suit the Giulia GTA introduced in March 2020. The Italian firm said availability will be limited, but it didn't reveal how many cars it will assign a classic color combination to. Those who miss out will have to choose between green, white, and red. Alfa Romeo will cap GTA production at 500 examples. Pricing on the European market starts at ˆ143,000, while the lighter GTAm model (which is included in the 500-car production run) carries a base price of ˆ147,000. These figures represent $155,000 and $160,000, respectively, though pricing for the American market hasn't been released. Every customer will receive a Bell helmet, a car cover that matches the paint, and a stint at the Alfa Romeo Driving Academy. GTAm buyers will also get a racing suit, gloves, and shoes made by Alpinestars. Dyed-in-the-wool fans will have the opportunity to take delivery of their Giulia at the Autodelta workshop in Balocco, Italy. That's where many of Alfa Romeo's greatest race cars were developed and built. Those for whom Alfa's sportiest sedan in decades will remain a dream have the car's configurator as a consolation prize. Related Video:     Featured Gallery Alfa Romeo Giulia GTA heritage liveries View 10 Photos Alfa Romeo Performance Sedan

Stellantis sees vehicle loan durations extended amid banking turmoil

Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker's head for the business said. Chief Affiliates Officer Philippe de Rovira said loans which normally had a three-year maturity were now increasingly moved to four years. "This allows customers to get a car for a monthly instalment that is similar to that they had before," he said. The world's third largest carmaker by sales on Tuesday announced it had completed a plan announced in late 2021 to reshuffle and simplify its leasing and financing operations in Europe. Under its terms, Stellantis created a 50-50 single long term multi-brand leasing company named Leasys with Credit Agricole Consumer Finance. It also set up local joint ventures in European countries for its new Stellantis Financial Services unit, formerly Banque PSA Finance, with BNP Paribas Personal Finance and Santander Consumer Finance. "These banks have always had better funding conditions than those we can have as an automaker," de Rovira said. Benefits of the plan included cutting the number of financing and leasing entities the group runs in each country and the number of IT systems it uses, with expected savings exceeding 30% in this particular area, he added. De Rovira said the group had a huge portfolio of orders it had not yet delivered due to supply chain shortages impacting production. "Demand is not our main issue. The issue is to deliver as fast as we can cars that are in our order portfolio, which is still at record levels," he said. The group aims to expand its corporate leased vehicle fleet to more than one million units in 2026 and to double net income from its so-called banking activities to 5.8 billion euros ($6.3 billion) by 2030. De Rovira said Stellantis was not seeing a downward trend in vehicle pricing. "Probably the significant price increases we have seen in 2021 and 2022 will not be repeated because the context is changing, but for the moment we don't see decreases, we see stabilisation". ($1 = 0.9188 euros) (Reporting by Giulio Piovaccari and Gilles Guillaume; Editing by Jan Harvey) Earnings/Financials Plants/Manufacturing Alfa Romeo Chrysler Dodge Jeep RAM