1986 Alpha Romeo Graduate on 2040-cars

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Planned Alfa Romeo 8C and GTV don't appear to have a future anymore

The two Alfa Romeos we’ve been looking forward to most donÂ’t appear to have much of a future anymore, according to a report from Automobile. Both the 8C and GTV no longer exist on AlfaÂ’s product roadmap, and Mike Manley suggested they were canned, as well. “In the near term, the new portfolio for the brand is significantly scaled back with a corresponding reduction in capital spending,” Manley said, referring to Alfa Romeo in the companyÂ’s third-quarter earnings call. We've asked FCA if it can explicitly confirm anything on the 8C and GTV, but it offered no comment on the report. Additionally, FCAÂ’s presentation (uncovered by Motor1) of future Alfa Romeo vehicles left the 8C and GTV off the list. The only new cars planned for the future include a production version of the Tonale crossover and another unnamed crossover. FCAÂ’s presentation also states: “brand to focus on current market strengths with reduced global reach and overlap with other Group brands.” We all know that the strength of the market is in crossovers right now, so itÂ’s easy to infer what happens from there. Expensive, luxury sports cars are not where the scale and money is at for Alfa Romeo, a brand that isnÂ’t exactly thriving from a sales perspective today. Sales for both the Stelvio and Giulia are down in 2019 as those cars exit their honeymoon phase. Alfa is expected to have a midcycle refresh ready for consumption in 2021, so perhaps that could provide a temporary boost in sales for the Italian brand. FCA also said itÂ’s reducing planned capital spending on Alfa Romeo, which could hurt the brand even more in the future. This earnings call came the same day that the FCA-PSA merger was announced, throwing another wrench into the plan. WeÂ’re not yet sure what the merger will mean for Alfa Romeo and its presence in America, but we imagine more news on that will be coming as the companies transition to this new life together. The Giorgio platform appears to be safe for the time being, as Manley expressed his intentions to keep it around. This platform (underpinning both the Giulia and Stelvio) was developed with electrification of the powertrain in mind, so itÂ’ll be capable of handling a number of electrification efforts in FCAÂ’s future. We only wish the promising 8C and GTV wouldÂ’ve made it to production, but even Alfa appears to be thinning the herd of cars in favor of crossovers.

Share price falls on skepticism of Chrysler-Fiat five-year plan

Following 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.

Is your new-car warranty good at the race track?

We've all heard the horror stories. Your buddy knows a girl that was dating a guy whose best friend's brother once broke his brand-new, recently purchased performance car while making runs at a drag strip or laps at a track day, and the manufacturer wouldn't cover the repair under warranty. True story? Urban legend? Complete crap? Yes, no, maybe. One thing's for sure: Automotive warranties have always come with caveats. In 1908, an ad in the Trenton Evening Times clearly stated: "All Ford Cars Guaranteed for One Year." Although it changed over time, by 1925 the Ford New Car Guarantee only covered 90 days on material and 30 days on labor, and it clearly stated that that there was "No guarantee whatever on Fan Belts, Glass, Bulbs, Wiring, Transmission, Bands, Hose Connections, Commutator Shells, Rollers, Spark Plugs or Gaskets." Whether or not Ol' Henry would pay to fix your Model T if you broke it shaving a tenth off your lap time at the local board track seems to be lost to history. We're guessing no. But what about today? Do new-car warranties in 2017 cover cars when they are driven on race tracks? We researched the warranties of 14 auto brands to find out, and the answer is yes, no, maybe, depending on the brand, in some cases the model, and whether or not your car is modified from stock. Acura has been out of the high-performance car game for a number of years, but jumps back into the party in 2017 with its hybrid-powered $173,000 NSX supercar. And Acura's warranty, as well as Honda's, clearly states that it does not cover "the use of the vehicle in competition or racing events." View 33 Photos So we asked Sage Marie, Senior Manager of Public Relations for Honda and Acura. "If the car is stock, the warranty covers it on a track just as it does on the street. No question," he told us. "However, if the car is modified, say with slick tires or other components that would put higher stresses on the vehicle's parts and systems, then we would have to investigate the circumstances further." Marie went on to say the same would be true for any Acura model or Honda vehicle, including the new 2017 Honda Civic Si. This became a common theme. Chevrolet actually started this practice with the fifth-generation Camaro on the high-performance ZL1 and Z/28 models.