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Alfa Romeo Stelvio SUV interior spied

With is flanks still heavily covered in these photos we can't tell much about the outside of the upcoming Alfa Romeo Stelvio, but it's the first time we've been able to catch a glimpse of the SUV's interior. It is obvious the Stelvio's driver environment will largely follow in the footsteps of the Giulia sedan, and fans of characteristic Alfa Romeo detailing like the gauge cluster "buckets" will be pleased to see familiar themes. The development mule here features light, birch-like wood around the shifter console, which may or may not make it into the production car. Despite appearing a little Volvo-like, the material is not out of place in the Stelvio, and we'd expect the production car to offer different trim options. Above that, a navigation screen is integrated in a similar fashion as the Giulia, and large paddle shifters garnish the steering column. The start-stop button mounted directly on the steering wheel is also a trait shared with the Giulia. The Stelvio is inching closer to production, with official unveiling expected in late 2016 or early 2017. Little by little, the test vehicle camouflage comes off, and compared to some earlier shots seen in April, the Stelvio mule has already lost the box disguising the rear window shape. Perhaps there's an attractive, sporty 4WD vehicle underneath it all. Related Video: Featured Gallery Alfa Romeo Stelvio Spy Photos with Interior Related Gallery Alfa Romeo Stelvio: Spy Shots View 10 Photos Image Credit: Carpix Spy Photos Alfa Romeo alfa romeo giulia alfa romeo stelvio

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 on Alfa's US return, Dodge Dart's powertrain weakness and minivan plans

As a reporter covering an auto show, the one opportunity you never want to miss is going to the Sergio Marchionne press briefing.
"This undertaking to bring Alfa back is a one-shot deal... We are not going to do this twice."
There just aren't that many real characters left in the auto industry. Marchionne, who sits atop both Chrysler and Fiat, is not only one of the smartest execs in the business, but also the most frank. Herein, a sample of the quotable always-sweatered executive: