2018 Alfa Romeo Giulia Ti Sedan 4d on 2040-cars

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Stellantis won't race to split electric vehicles from fossil fuel cars

MILAN - Stellantis is not considering splitting its electric vehicle (EV) business from its legacy combustion engine operation, its finance chief said on Thursday, as the carmaker presented above-expectation revenue data for the first quarter. Chief Financial Officer Richard Palmer told analysts he did not see huge benefits in the kind of separations pursued by rivals such as France's Renault and U.S. Ford. "We need to manage the company and the assets we have through this transition," he said. "There are benefits to having the cash flow being generated by the internal combustion business for the investments we need to make." Palmer said the group, formed by a merger last year of Fiat Chrysler and Peugeot maker PSA, was not averse to considering adjusting its structure "but we aren't anticipating any big changes." Palmer's comments came after the world's fourth largest carmaker said its net revenue rose 12% to 41.5 billion euros ($44.1 billion) in the January-March period, as strong pricing and the type of vehicles sold helped offset the impact of the semiconductor shortage on volumes. That topped analyst expectations of 36.9 billion euros, according to a Reuters poll. Milan-listed shares were up 0.5% by 1415 GMT, in line with Italy's blue-chip index. The impact of the chip crunch was evident in the decline in shipment figures which fell 12% in the quarter to 1.374 million vehicles. It was a similar story for Germany's BMW which posted higher revenues on Thursday and a decline in car sales. Riding the Recovery Stellantis, whose brands also include Citroen, Jeep and Maserati, confirmed its 2022 forecasts for a double-digit adjusted operating income margin, after 11.8% last year, and a positive cash-flow despite supply and inflationary headwinds. Morgan Stanley analysts said after the results that Stellantis had better management than many peers and benefited from its significant exposure to a stronger U.S. economy and a European recovery from the COVID-19 pandemic. They also said it was less affected by a slowing Chinese economy. Palmer said it was important for the group to maintain double-digit margins and keep delivering positive cash flows. "A 12% increase in revenue with a 12% decrease in volumes indicates a very strong performance on price and mix, which augurs well for our margin performance," he said. He said semiconductor supply problems were expected to ease this year with continued improvements in 2023.

Marchionne: FCA, but not Ferrari, interested in Formula E

It seems like automakers have been clamoring to get on board with Formula E lately. In just the last few weeks a number of manufacturers have either become more directly involved, or otherwise announced entry into the series in coming years. That includes Audi, BMW, Mercedes-Benz and Porsche, with the latter two abandoning other series to join the electric one. Now, FCA CEO Sergio Marchionne says his company might join Formula E as well, according to Motorsport. Previously, Marchionne had toyed with the idea of bringing Ferrari into the Formula E field, but now says that would be unlikely. Instead, he thinks an FCA brand would be a better fit, perhaps Alfa Romeo or Maserati. At the moment, Maserati seems like the best fit, as Marchionne just announced that the brand would electrify its entire lineup after 2019, with each car it sells having either a hybrid or electric powertrain. Fans would probably be excited to see Maserati return to racing, and Formula E would be a good test laboratory for the development of electric propulsion technology. Still, another brand could represent FCA in Formula E, and apply the knowledge learned there to its vehicles, as Marchionne says half of the FCA fleet will be electrified by the end of the company's five-year plan ending in 2022. Marchionne said that while Ferrari won't be directly involved, he doesn't know which FCA brand – Alfa Romeo, Dodge, Chrysler, Fiat, or Maserati – would enter. As interesting as an electric Dodge race car would be, it seems unlikely, especially because of, well, Maserati. We're hoping it's Jeep, though. Related Video: News Source: MotorsportImage Credit: ALBERTO PIZZOLI/AFP/Getty Images Green Alfa Romeo Ferrari Maserati Green Culture Electric Racing Vehicles Sergio Marchionne FCA Formula E

2020 Alfa Romeo Giulia Luggage Test | Time for an Italian vacation

When it comes to handling and being fun to drive, the 2020 Alfa Romeo Giulia is right at the top. From its engaging and tossable Ti trim, to the totally bonkers Quadrifoglio, Alfa Romeo has some excellent options for those who love to drive. However, we aren’t exploring 0-60 mph times or steering feel today, so letÂ’s see how the Italian sedan holds up when it comes to suitcase stacking. Alfa Romeo doesnÂ’t list an official trunk capacity on its media website or its consumer-facing site, but itÂ’s very similar in size to the last luxury sedan I luggage tested: the 2020 Volvo S60. WeÂ’ll place the estimate to be around 12 cubic-feet. Just by eye-balling it, Alfa appears to be on the smaller side of the spectrum here, with its competition being the BMW 3 Series, Audi A4, Mercedes-Benz C-Class and several others. Note that I use different equipment than Riswick out in Portland: Two carry-on suitcases sized (24 inches long, 15.5 wide, 10 deep); one carry-on suitcase (21.7L x 13.7W x 9 D); one medium-size suitcase you have to check (24.5L x 16.8W x 11.5D) and two larger, full-size suitcases (33.8L x 21.5W x 13D) and (28.1L x 18W x 10.5D). It's not a power trunk, but you can pop it via the fob, a button by the driver footwell or a button on the trunk itself. Once open, I started with the carry-on suitcases. All three of those fit when turned on their sides, but a fourth would be impossible to squeeze in using that formation. ThatÂ’s due to the GiuliaÂ’s trunk becoming more restrictive in both depth and width deeper inside of it. YouÂ’ll notice the curved intrusions at the back of the trunk pictured below. They make shoving a suitcase all the way back in there impossible, as there isnÂ’t enough space next to the other three suitcases. The opening itself is rather small, too, forcing me to contort the suitcases as I lay them in. Instead, I decided to stick the fancy bag (22L x 8.8W x 12D) in there. ItÂ’s smaller and better suited to the space that remains, fitting perfectly within that nook. ThatÂ’s not ideal, but plenty of room for two people on a longer getaway. Next up: full-size suitcases. One of them fit right in without issue, but the second full-sizer I use for testing would not. Once again, this is due to the width restrictions imposed by the trunk walls coming in on both sides at the back. I did manage to fit the medium-size suitcase next to the one full-sizer if both were turned on an angle.