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Alfa Romeo wants your vote on designs for a 4C 'Designer's Cut' anniversary model

In 2018, the heritage division at Fiat Chrysler America launched a project called "Reloaded by Creators." It started with FCA Heritage restoring and selling a number of precious and vintage Italian models like the Alfa Spider IV and Lancia Fulvia brought back to new condition by the in-house brands. When Stellantis took over FCA, Stellantis' Heritage Department took over the initiative and expanded the project with one-offs like the Abarth Classiche 1000 SP tribute built on the Alfa Romeo 4C Spider. The classics heads are at it again with this, the 4C Designer's Cut project. Planned as a 10th anniversary celebration of the Alfa Romeo 4C coupe, the Designer's Cut will create a one-off tribute to some aspect of Alfa Romeo history that will also "pay tribute to authentic Italian style and driving pleasure embodied by the original 4C." Alessandro Maccolini, who designed the 4C and remains part of the Alfa Romeo Style Center as a design manager, is heading the effort.  He's come up with three aesthetic proposals so far. The first is the 4C Tributo, a crimson red take that takes straight aim at one of the peaks in the vintage Alfa Romeo catalog, the Tipo 33 Stradale.  The second is the 4C Corsa, a race-inspired version in matte gray "to accentuate the muscular shape and performance-oriented technical features," on black wheels.   Finally, the 4C Leggenda. Done up in light blue over white wheels, the sporty inspiration is the 1750 GT Veloce, the historic inspiration is colors that echo hues in Milan's crest of Biscione, a feature in Alfa Romeo’s logo.  The automaker wants feedback from enthusiasts about which one to choose and which direction to take. It's not clear yet if Alfa Romeo plans changes to the powertrain. The Abarth Classiche 1000 SP tribute didn't alter the mechanicals, sticking with the 4C's 1,742-cc turbocharged four-cylinder making 240 horsepower and 258 pound-feet of torque. It is clear that Alfa plans to sell this one-off, highlighting its desirability to "passionate collectors." The curious are encouraged to e-mail Stellantis Heritage now. The Abarth 1000 SP is still available to purchase, as are a 1958 Abarth 500 tribute that's based on a 1970 Fiat 500. Have your money ready.

Stellantis sees vehicle loan durations extended amid banking turmoil

Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker's head for the business said. Chief Affiliates Officer Philippe de Rovira said loans which normally had a three-year maturity were now increasingly moved to four years. "This allows customers to get a car for a monthly instalment that is similar to that they had before," he said. The world's third largest carmaker by sales on Tuesday announced it had completed a plan announced in late 2021 to reshuffle and simplify its leasing and financing operations in Europe. Under its terms, Stellantis created a 50-50 single long term multi-brand leasing company named Leasys with Credit Agricole Consumer Finance. It also set up local joint ventures in European countries for its new Stellantis Financial Services unit, formerly Banque PSA Finance, with BNP Paribas Personal Finance and Santander Consumer Finance. "These banks have always had better funding conditions than those we can have as an automaker," de Rovira said. Benefits of the plan included cutting the number of financing and leasing entities the group runs in each country and the number of IT systems it uses, with expected savings exceeding 30% in this particular area, he added. De Rovira said the group had a huge portfolio of orders it had not yet delivered due to supply chain shortages impacting production. "Demand is not our main issue. The issue is to deliver as fast as we can cars that are in our order portfolio, which is still at record levels," he said. The group aims to expand its corporate leased vehicle fleet to more than one million units in 2026 and to double net income from its so-called banking activities to 5.8 billion euros ($6.3 billion) by 2030. De Rovira said Stellantis was not seeing a downward trend in vehicle pricing. "Probably the significant price increases we have seen in 2021 and 2022 will not be repeated because the context is changing, but for the moment we don't see decreases, we see stabilisation". ($1 = 0.9188 euros) (Reporting by Giulio Piovaccari and Gilles Guillaume; Editing by Jan Harvey) Earnings/Financials Plants/Manufacturing Alfa Romeo Chrysler Dodge Jeep RAM

Alfa Romeo Milano EV teased in camo ahead of April reveal

The Alfa Romeo Milano is officially set to be revealed on April 10 this year as the Italian company’s first fully-electric vehicle. In addition to a reveal date, AlfaÂ’s given us some photos to pore over and get an idea of what the Milano will look like when the wrappings are taken off. For starters, though, donÂ’t get too excited about the prospect of buying one. The Milano is expected to be sold in Europe and perhaps other international markets, but not in the U.S. ItÂ’s said to be related to the Jeep Avenger, which is another small EV we donÂ’t get on this side of the pond. Just like the Avenger, the Milano is a small subcompact crossover that appears to be one size smaller than the Tonale, which is sold here. Alfa promises that itÂ’s taking this project just as seriously as any from a dynamics perspective, though, touting that engineers from projects like the 4C, 8C and Giulia/Stelvio Quadrifoglio are ensuring the Milano lives up to AlfaÂ’s high standards through testing at its Balocco test track.  If we ever get to drive it, weÂ’ll be sure to test AlfaÂ’s claims that it will be the best in its class for dynamics and handling. As for the design, the Milano is a stubby little SUV with what appears to be a fairly strongly raked rear window. The camo in front only does so much to cover up AlfaÂ’s traditionally triangular trefoil grille. Its wheel and tire package is shockingly big for such a small vehicle as it wears massive 20-inch wheels wrapped in low-profile Michelin Pilot Sport EV performance tires. Despite the Milano launching as an EV, itÂ’s expected to offer gasoline variants, too. We analyze the possible powertrain options in our most recent report about the Milano, but all of our questions should be answered in April this year, so stay tuned for news on the first electric Alfa. Related video: 2023 Dodge Hornet GT