2019 Alfa Romeo Giulia on 2040-cars

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Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.

2023 Alfa Romeo Stelvio Review: Exceptionally sporty, but compromised

Pros: Excellent steering and handling; two sporty engines available; stands out from crowd Cons: Mediocre interior; lackluster tech; small for its segment The 2023 Alfa Romeo Stelvio feels exotic for the compact crossover segment, with its Italian pedigree, sharp styling and sporty performance. It checks the boxes of a luxury daily driver, while still offering sharp driving dynamics that might mean its owner doesn’t miss the sports car that doesnÂ’t fit their lifestyle anymore. And, you canÂ’t dismiss that this thing is different than the rest of the pack. An Italian car with its signature “Scudetto” grille sure stands out in a parking lot full of more common family vehicles with more conformist design — especially if you pick one of the bolder, brighter paint colors from AlfaÂ’s palette. The biggest sticking point with the Stelvio is that its interior doesnÂ’t quite live up to the rest of the vehicleÂ’s grandeur. ItÂ’s not particularly roomy, and middling material quality and a lack of general artistry dull the illusion of exoticism in the otherwise glamorous and sporty Stelvio (though if you like carbon fiber, the QuadrifoglioÂ’s got you — and practically every surface — covered). The tech, while serviceable, is less spectacular than what youÂ’ll find in the competition (though considering how overwhelming some infotainment systems can feel today, that might not be the worst thing ever). The Stelvio is due for an update for 2024, so weÂ’ll see this generation stick around for a few more years before Alfa starts rolling out a raft of electric models. Still, if youÂ’re on the fence about whether to buy one now or wait until next year, we donÂ’t any expect major changes to come, especially not in terms of performance. And while we think some of its competitors offer more in the way of luxury and utility, the Stelvio is still a great choice for a customer who actually cares about driving dynamics and standing out from the crowd. Interior & Technology   |   Passenger & Cargo Space   |   Performance & Fuel Economy What it's like to drive   |   Pricing & Trim Levels   |   Crash Ratings & Safety Features What's new for 2023? The Stelvio gets an Estrema trim that borrows features like adaptive suspension and limited-slip differential from the line-topping Quadrifoglio, without taking the step up in engine performance and the much higher price tag that comes with it.

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