1959 Alfa Romeo Giulietta Sprint on 2040-cars

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Alfa Romeo returns to F1 as Sauber title sponsor

LONDON - Alfa Romeo will become title sponsor of the Sauber Formula One team next season as part of a multi-year technical and commercial partnership, both sides announced on Wednesday. "This agreement with the Sauber F1 Team is a significant step in the reshaping of the Alfa Romeo brand, which will return to Formula One after an absence of more than 30 years," Fiat Chrysler chief executive Sergio Marchionne said in a statement. Sauber announced in a statement of their own that the team will officially be known as the Alfa Romeo Sauber F1 Team from 2018 onwards. "Working closely with a car manufacturer is a great opportunity for the Sauber Group to further develop its technology and engineering projects," Sauber Holding AG chairman Pascal Picci said. "We are confident that together we can bring the Alfa Romeo Sauber F1 Team great success, and look forward to a long and successful partnership."Reporting by Alan Baldwin.Related Video: Image Credit: REUTERS/Ueslei Marcelino Motorsports Alfa Romeo Racing Vehicles F1 Sergio Marchionne FCA

Stellantis lays off salaried workers, cites uncertainty in EV transition

DETROIT — Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles. The company formed in the 2021 merger between PSA Peugeot and Fiat Chrysler said the workers are mainly in engineering, technology and software at the headquarters and technical center in Auburn Hills, Michigan, north of Detroit. Affected workers were notified starting Friday morning. “As the auto industry continues to face unprecedented uncertainties and heightened competitive pressures around the world, Stellantis continues to make the appropriate structural decisions across the enterprise to improve efficiency and optimize our cost structure,” the company said in a prepared statement Friday. The cuts, effective March 31, amount to about 2% of Stellantis' U.S. workforce in engineering, technology and software, the statement said. Workers will get a separation package and transition help, the company said. “While we understand this is difficult news, these actions will better align resources while preserving the critical skills needed to protect our competitive advantage as we remain laser focused on implementing our EV product offensive,” the statement said. CEO Carlos Tavares repeatedly has said that electric vehicles cost 40% more to make than those that run on gasoline, and that the company will have to cut costs to make EVs affordable for the middle class. He has said the company is continually looking for ways to be more efficient. U.S. electric vehicle sales grew 47% last year to a record 1.19 million as EV market share rose from 5.8% in 2022 to 7.6%. But sales growth slowed toward the end of the year. In December, they rose 34%. Stellantis plans to launch 18 new electric vehicles this year, eight of those in North America, increasing its global EV offerings by 60%. But Tavares told reporters during earnings calls last month that “the job is not done” until prices on electric vehicles come down to the level of combustion engines — something that Chinese manufacturers are already able to achieve through lower labor costs. “The Chinese offensive is possibly the biggest risk that companies like Tesla and ourselves are facing right now,Â’Â’ Tavares told reporters. “We have to work very, very hard to make sure that we bring out consumers better offerings than the Chinese.

Alfa Romeo 33 Stradale supercar revealed with gas and EV versions, gorgeous either way

This gorgeous red supercar is the Alfa Romeo 33 Stradale. The name “33” has several references, the first being to the design, as this new 33 Stradale borrows from the famous Tipo 33. Secondly, Alfa is only producing 33 examples of this supercar, and all of them are already sold. The powertrain strategy for the 33 Stradale is perhaps the most interesting part of it, as buyers can choose between a twin-turbo V6 and a fully electric version. AlfaÂ’s gas-powered 33 Stradale produces 620 horsepower, is shifted via an eight-speed automatic dual-clutch gearbox and puts its power down exclusively to the rear wheels via an electronic limited-slip differential. Its top speed is 206 mph, and the 0-62 mph time is “less than three seconds.” The engine itself is said to be a derivative of the Ferrari-developed V6 you find under the hood of the Alfa Quadrifoglio models. The battery-electric 33 Stradale produces “more than 750 horsepower” and goes 0-62 mph in under 2.5 seconds, but Alfa isnÂ’t saying much else about the powertrain. We presume it will be all-wheel drive due to multiple electric motors being necessary. Range is currently estimated at 280 miles on the optimistic WLTP test cycle. The platform is a combination aluminum H-frame and carbon fiber monocoque that shares plenty with the Maserati MC20, and the roof is engineered with the same materials, supporting the butterfly doors. A front-axle lift system comes standard, and you also get a drive mode selector to choose between Strada (road) and Pista (track). Launch control is activated via a “Quadrifoglio” button. Big Brembo carbon ceramic brakes do the stopping, with six-piston calipers in front and four-piston units in the rear. While there may be a lot underneath that is shared with the MC20, its design is pure Alfa Romeo. Its interior is just as impressive as the beautiful exterior, too. The controls in the center stack are all about physical engagement, as they feature the most beautiful design that just makes us want to turn, twist and toggle them. Above that rests a widescreen touch display powered by Uconnect5 in a similar layout as the MC20. The cluster features a “3D telescope display,” which Alfa claims is the first of its kind. Plus, the steering wheel purposefully doesnÂ’t have a single button on it for maximum driving enjoyment.