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Chrysler earns $1.7B in 2012, revises product plans for US

Hot on the heels of Ford's earnings announcement for the year that was, Chrysler today reported a 2012 net income of $1.7 billion, up substantially from the comparatively minuscule $183 million profit earned in 2011 when it repaid its US government loans.
Chrysler's good year ended with an excellent fourth quarter that saw net income rise 68 percent from $225 million in 2011 to $378 million. Where are all those extra earnings coming from? Market share, which Chrysler saw increase to 11.4% last year on sales of 1.65 million vehicles. In fact, the Auburn Hills, MI-based automaker out-paced the industry's market growth of 13 percent last year with sales up 21 percent for the year.
The company also revealed an updated product plan for its Chrysler Group and Fiat brands that looks all the way out to 2016. It's an updated version of the plan introduced in 2009 shortly after Fiat took control of the American automaker, and includes such new additions as an Alfa Romeo model, likely the 4C, to be introduced in the US this year, as well five more Alfa models by 2016. Likewise, Fiat will be growing by an additional seven models in the coming few years.

Green-on-green Alfa Romeo 8C-based Disco Volante Spyder listed for sale

There is no unwritten rule that states an Alfa Romeo must be red, and there is no secret decree that claims an Italian car can't wear British Racing Green. Proving both of these points with aplomb is this rare 2019 Alfa Romeo 8C-based Disco Volante Spyder, which is finished in green with a green interior and listed for sale in Switzerland. Offered by exotic car dealer Niki Hasler, this Disco Volante Spyder is the fourth of seven examples built by Italian coachbuilder Touring Superleggera. When the model made its debut in 2016, we reported that each of the seven cars would be painted in a different color, and our consumer editor Jeremy Korzeniewski wrote that he hoped one would be painted green like an earlier coupe shown at a Geneva show. His wish has come true. British Racing Green works quite well on the retro-styled lines, which were penned as a modern interpretation of the original Disco Volante built in 1952. The person who ordered this Disco Volante also asked for a matching green interior upholstered in a combination of leather and Alcantara. Touring Superleggera added a plaque between the seats to remind occupants of the car's rarity, but most of the parts that the driver sees and interacts with come straight from the 8C Competizione. It's all Alfa under the hood, too. Touring made no major mechanical modifications to the Disco Volante, so it's powered by a Ferrari-derived, 8C-sourced 4.7-liter V8 engine that delivers 450 horsepower and 354 pound-feet of torque to the rear wheels via a six-speed automated-manual transmission. The 2019 example listed for sale in Switzerland has covered 16,000 kilometers, which represents approximately 10,000 miles, so it hasn't spent its life as a garage queen. It recently received new tires and new brakes, according to the dealer. Unmodified, it's equipped with a useful lift system for the front axle; we can't imagine the front splitter is cheap to replace if it loses a fight with a speed bump. As a bonus, this Disco Volante comes with a matching luggage set. Niki Hasler hasn't published pricing information, so we don't know how many organs you'll need to sell before you can add this Disco to your collection. It won't be a bargain, however. Seven units were built with Alfa's blessing, so it's rare enough to make even the standard 8C, which was limited to 1,000 units globally (split evenly between coupes and convertibles), look common.

Fiat Chrysler taps Amazon, Shell execs to fill roles

MILAN — Fiat Chrysler Automobiles is tapping executives from Amazon and Shell Oil Company with previous automotive industry experience to fill its ranks. CEO Mike Manley said in a letter to employees Thursday that Mark Stewart would join FCA as chief operating officer of North America from Amazon, "a company known for its culture of innovation, and obsession with delivering incredible value to customers." At Amazon, Stewart led teams focused on advanced robotics, artificial intelligence and automation methods. He previously was COO of ZF TRW automotive components supplier. Niel Golightly was named head of global communications. He was most recently Shell's vice president for external relations in North and South America, with a focus on reputation, brand and stakeholder engagement beyond communication strategies. He previously held roles at Ford Motor Company. Related Video: Image Credit: REUTERS/Rebecca Cook Hirings/Firings/Layoffs Alfa Romeo Chrysler Dodge Fiat Jeep RAM FCA Amazon shell Mike Manley