2024 Alfa Romeo Giulia Quadrifoglio on 2040-cars

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Porsche 911 Turbo and Nissan GT-R Nismo star in World's Greatest Drag Race 4

We love Motor Trend's annual World's Greatest Drag Race video. Now back for its fourth appearance, the idea of lining some of the world's fastest cars up for a ten-wide, straight-line, full-throttle run is, well... it's pretty freaking badass.
The lineup this year boasts some impressively fast cars to be sure. The group of ten includes the following darlings: Alfa Romeo 4C, BMW i8, BMW M4, Chevrolet Camaro Z/28, Ford Fiesta ST, Jaguar F-Type R Coupe, Nissan GT-R Nismo, Porsche 911 Turbo S, Subaru WRX STI and, last but not least, the Volkswagen GTI. Give us any one of those for the weekend, and we're happy to take the keys.
It must be said though, that for a publication that draws as much water as Motor Trend does, there are some big cars that we might expect to be here instead. The Lamborghini Huracán or Ferrari 458 Speciale would have added some exotic flare to the list, and the omissions of the Chevy Corvette Stingray (for the second year in a row) and the Dodge Challenger Hellcat are real head-scratchers.

Fiat Chrysler's profit boosted by Ram and Jeep in North America

MILAN/DETROIT — Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. "We are open to opportunity," Manley said on a call with analysts. "I have no doubt why there still would be interest in it," he added, when pressed on what it would take to revive talks with Renault. Manley declined to comment further. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker. Manley said a merger was not a must-have and Fiat Chrysler's business plan was strong. The company said it remained confident its adjusted earnings before interest and tax (EBIT) would top last year's 6.7 billion euros ($7.5 billion). Given disappointing forecasts from other automakers this earnings season, FCA's confirmation of the outlook sent Milan-listed shares in the Italian-American automaker, whose other brands include Jeep, up over 4%. A broad-based auto sales downturn has rattled the sector, forcing FCA's competitors — including Renault, Daimler and Aston Martin — to cut their sales forecasts after second-quarter results, while U.S. carmaker Ford gave a weaker-than-expected 2019 profit outlook. Japan's Nissan, a long-term partner of Renault, said it would cut 12,500 jobs by 2023 after its earnings collapsed. In the second quarter FCA's adjusted EBIT totaled 1.52 billion euros, versus analysts' expectations of 1.43 billion euros, according to a Reuters poll. FCA's U.S. shipments were down 12% in the second quarter but the group said that the successful performance of its Ram brand resulted in an enhanced share of the large pickup truck market of 27.9%, up 7 percentage points from last year. Adjusted EBIT margin in North America rose to 8.9% from 6.5% in the first quarter, thanks to strong demand for the heavy-duty Ram and the new Jeep Gladiator pickup. Chief Financial Officer Richard Palmer also said FCA expected to report up to 10% margins in the region in both the third and fourth quarters.

Alfa Romeo's first EV reportedly due out in 2024 as small crossover

The first series-produced electric Alfa Romeo model will allegedly make its debut in 2024. Official details aren't available, but a recent report claims that the EV will take the form of a small, entry-level crossover that will be closely related to the Jeep Avenger under the sheetmetal. Don't be alarmed if the nameplate "Avenger" doesn't ring a bell, or if you associate it with a series of Dodge models built from the 1990s to the 2010s. Across the pond, the emblem denotes a hatchback-like, city-friendly front-wheel-drive Jeep built on a platform that underpins several cars in the Stellantis portfolio. It's on these bones that Alfa Romeo will build its first EV, according to British magazine Autocar. The soft-roader could be called Brennero, a name borrowed from a mountain pass in Italy, and the publication wrote that current and past models will influence its design; the report notably cited the original Giulietta released in 1954 as a source of inspiration. Time will tell if that's accurate, and how designers will transfer 70-year-old styling cues onto a mass-produced crossover developed for young, urban buyers. On the electric side of the lineup, the model will share powertrain parts with its Jeep-badged sibling. For context, the subcompact Avenger (which stretches approximately 161 inches long and 60 inches tall) ships with a single, front-mounted electric motor that zaps the front wheels with 154 horsepower and 192 pound-feet of torque. Electricity is stored in a 54-kilowatt-hour lithium-ion battery pack, and Jeep quotes a 250-mile driving range when tested on the WLTP cycle used in Europe (the EPA-estimated figure would likely be lower). Like the Avenger, the Brennero will be offered with a gasoline-powered engine in some markets. Again using a Jeep as a reference point, the piston-powered option is a turbocharged, 1.2-liter three-cylinder shared with the Peugeot 208, among others, and rated at 154 horsepower. If the report is accurate, the Alfa Romeo Brennero will land in showrooms in June 2024. Our crystal ball tells us that it won't be sold in the United States due in part to its small size; Jeep doesn't sell the Avenger here, after all. American drivers who want to put an electric Alfa Romeo crossover in their driveway will need to wait until the rumored second-generation Stelvio makes its debut at some point in 2026.