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Hybrid and Electric Jeeps, Fiats, and Alfa Romeos to be built in Poland
Sun, Jan 3 2021WARSAW - Fiat Chrysler will invest more than $200 million in its plant in Tychy in Poland, where new hybrid and electric Jeep, Fiat and Alfa Romeo models will be built, Deputy Prime Minister Jaroslaw Gowin said on Tuesday. The investment comes as a boost to emerging Europe's largest economy, which is hoping a switch to electric vehicles can help its auto sector catch up with regional rivals including the Czech Republic and Slovakia. "Modern, hybrid and electric cars of the Jeep, Fiat and Alfa Romeo brands will start to leave the factory in Tychy in 2022," Gowin wrote on Twitter. Gowin said there could be further investment in the plant in future but gave no details. Fiat Chrysler, which is planning a $38 billion merger with French rival PSA to create the world's No.4 carmaker, said in a statement that early preparations for the expansion and modernization of the plant started in late 2020. The plant in Poland's industrial southern region of Silesia is one of the company's largest and currently employs around 2,500 people. Fiat Chrysler confirmed that new hybrid and electric Jeep, Fiat and Alfa Romeo models would be built in Tychy. It said the aim was to start mass production of the first of the three new passenger car models for the group's brands in the second half of 2022. Under a 2018-2022 plan, FCA pledged to invest 9 billion euros in electrification as part of investment plans totaling 45 billion euros. (Reporting by Alan Charlish and Agnieszka Barteczko in Warsaw, Silvia Recchimuzzi in Gdansk; editing by Jason Neely and Susan Fenton) Auto News Government/Legal Green Plants/Manufacturing Alfa Romeo Fiat Jeep Green Automakers Electric Future Vehicles Hybrid
Share price falls on skepticism of Chrysler-Fiat five-year plan
Thu, 08 May 2014Following this week's Fiat Chrysler extravaganza, where the Italian-American manufacturer announced its plans for the next five years, the Autoblog staff was cautiously optimistic of the company's future. Investors? Not so much.
Fiat saw its shares tumble 12 percent in Wednesday's trading, falling from 8.67 euros ($12.06 at today's rates) to 7.44 euros ($10.35) as of this writing, with blame partly going to the Italian half of the FCA marriage, which recorded a pretty significant drop in profits during the first quarter of this year.
The plan, which will cost around $77 billion over the next several years, is facing criticism from investors thanks in part to a 1.4-percent drop in Fiat's first-quarter profits, to 622 million euros ($862 million). That figure is also short of Bloomberg analysts' projections, which predicted $1.18 billion in profits before taxes, interest and one-time items.
Alfa Romeo putting a slicker 'coda tronca' on its compact CUV
Mon, Jul 3 2023Our EV revolution Bingo card did not include spaces for the return of wagons (aero crossovers by a more suitable name) and the doubling down on retro design cues, but that's what we're getting and we like it. Alfa Romeo is clocking in on the retro side, design chief Alejandro Mesonero-Romanos telling Autocar, "Our next-generation cars will bring back the Coda Tronca into a current design language — as a means to boost aerodynamic efficiency and range, of course, but also to give the cars a distinctive, classically Alfa Romeo design character." You might not know that "coda tronca" means "short tail" in Italian, but you know what it looks like. Effectively a Kammback or Kammtail, it's when a vehicle roof descends toward the rear of the vehicle, ending in a vertical flank that looks like someone cut the car short with a large knife. It's been on everything from the Shelby Daytona Coupe and Ferrari 250 GTO to the Honda Insight, Toyota Prius, and Audi A2 and A7. The short tail was also famously on the 1963 Alfa Romeo Turbolare Zagato, shortened to the TZ. This is the design Mesonaro-Romanos refers to, as well as the Sprint Zagato, or SZ, that preceded it. He said, "You will see it on several future models," the first reportedly the compact crossover due on the market next year. This will be Alfa Romeo's version of the recently introduced Jeep Avenger battery-electric crossover for Europe, once believed to be called the Brennero. The design boss crossed that name out, telling Autocar, "The model name is now decided. it will be Italian and it will be beautiful. But more than that, I cannot say for now." We might have better luck predicting specs. Checking the Avenger's details, we'd expect the Stellantis eCMP 2 platform crammed with battery modules under the seats that add up to 54 kWh. The Avenger's e-motor turns the front wheels with 154 horsepower and 184 pound-feet of torque, an all-wheel-drive version is on the way. Range on the WLTP cycle is rated at an estimated 249 miles. As with the Jeep, the Alfa Romeo is expected to get a gas-powered version, maybe with the same 1.2-liter motor going into the Jeep. We're not sure how else the Alfa might distinguish itself from the Jeep, but the Kamm tail could make range for both powertrains a notable differentiator. Related Video
