1987 Alfa Romeo Spider Graduate Convertible 2-door 2.0l on 2040-cars

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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.

Alfa Romeo Stelvio, Giulia Quadrifoglio NRING editions celebrate lap records

Alfa Romeo will bring no less than six star cars to its Geneva Motor Show booth. Since records are not only meant to be broken, but celebrated, the Giulia Quadrifoglio NRING and Stelvio Quadrifoglio NRING limited editions were created to address the latter task. In September 2016, the Giulia Quadrifoglio broke the Nurburgring lap record for standard production four-door sedans with a time of 7:32 — a feat since bettered by the Jaguar XE SV Project 8. Last September, the Stelvio Quadrifoglio set a lap record of 7:32, displacing the Range Rover Sport SVR from the top of the timesheets. The two NRING specials come drenched in exclusive Circuito Grey paint, accented with carbon mirror caps and a CF front badge, on top of carbon ceramic brakes. The cabin's so dark you'll need to let your eyes adjust before picking out the Sparco racing seats with carbon shells, carbon accents on the steering wheel and shift knob, and the red stitching. Both sedan and SUV come optioned with Alfa Connect with 3D Nav infotainment, Harman Kardon premium audio, active cruise control, and tinted windows. The Giulia gets a naked carbon roof. The Italian carmaker's only making 108 of each NRING model, in honor of how long the company's been in business. Throughout that time, Alfa Romeo has stamped its mark on The Green Hell, such as when Tazio Nuvolari won the 1932 German Grand Prix in an 8C 2300 Tipo Monza ahead of his German competition, or in 1966 when a Giulia Sprint GTA was the first GT road car to make it round the 'Ring in under 10 minutes. These Geneva-bound special editions will be reserved "for collectors and the most loyal Alfa Romeo customers." A numbered badge in a carbon fiber dashboard insert will identify the owner's place in line. Two more special editions, also held to 108 examples, come in the guises of a 4C Competizione and a 4C Spider Italia. The 4C Competizione comes in matte Vesuvio Grey with a carbon roof, plus extra carbon splashed around on the headlight molding, mirror caps, side air vents, and rear spoiler. Microfiber covers the steering wheel and seats, red stitching makes it pop, dark-finish wheels provide the stance. The 4C Spider Italia wears Misano Blue paint adorned with the Italian Tricolore, yellow brake calipers, yellow stitching in the cabin to match. If that isn't loud enough, the premium Alpine audio with subwoofer can get you turned up further.

These 'blind' automotive world record stunts have to stop

Drivers setting world records "blind" – wearing a blindfold or with something obscuring the windshield – is the new thing for some reason. First it was an Alfa Romeo Giulia setting a blind lap at Silverstone with help from a spotter trailing behind, and now this: a stunt man doing a J-turn within a narrow path with nothing but a Nissan Juke's cameras guiding him. He matched the "sighted" J-turn record, flipping the car around in a space about 7 inches longer than the car. I have two issues with these stunts. First, there are just too many world records. Yeah, I said it. Are these meaningful? Is someone else likely to ever attempt this feat? No, because it's just marketing, both for the manufacturer and whoever's still trying to sell those annual books. Stuff like the fastest production car is fine with me. Heck, I'll even take unofficial Nurburgring times – the kind where the drivers can actually see. Second, I'm all for stunts, but do something cool! And preferably something that could only be performed with that particular car, if you're going to make an ad out of it. Yes, the Juke has an Around View Monitor system, which stitches together feeds from four cameras to make it look like the car is being filmed by a drone hovering overhead. I happen to love 360-degree cameras – they let you see things that are just not visible from the driver's seat and make parking and low-speed maneuvering really easy. But the Juke isn't the first car to offer one, and the feature isn't even new to the car. Nissan was at least forthright enough to admit that this professional driver (on a closed course!) had a bunch of practice. But this really says more about his precision driving skills than about the car, or the camera. And just so we're clear, you really shouldn't try to park a car without looking out the windows, even if you have fancy cameras. So what's next? Pretty soon there will be a record for blindest blind stunt. Let me know when someone actually does something interesting. Related Video: