Modified Alfa Romeo Spider Quadrifoglio on 2040-cars

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Stellantis expects to hit emissions target without Tesla's help

Franco-Italian carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla, its CEO said in an interview published on Tuesday. Stellantis was formed through the merger of France's PSA and Italy's FCA, which spent about 2 billion euros ($2.40 billion) to buy European and U.S. CO2 credits from electric vehicle maker Tesla over the 2019-2021 period. "With the electrical technology that PSA brought to Stellantis, we will autonomously meet carbon dioxide emission regulations as early as this year," Stellantis boss Carlos Tavares said in the interview with French weekly Le Point. "Thus, we will not need to call on European CO2 credits and FCA will no longer have to pool with Tesla or anyone." California-based Tesla earns credits for exceeding emissions and fuel economy standards and sells them to other automakers that fall short. European regulations require all car manufacturers to reduce CO2 emissions for private vehicles to an average of 95 grams per kilometer this year. A Stellantis spokesman said the company is in discussions with Tesla about the financial implications of the decision to stop the pooling agreement. "As a result of the combination of Groupe PSA and FCA, Stellantis will be in a position to achieve CO2 targets in Europe for 2021 without open passenger car pooling arrangements with other automakers," he added. Tesla's sales of environmental credits to rival automakers helped it to announce slightly better than expected first-quarter revenue this week. The next tightening of European regulations will soon be the subject of proposals from the European Commission. The 2030 target could be lowered to less than 43 grams/km. Related Video: Government/Legal Green Alfa Romeo Chrysler Dodge Fiat Jeep Maserati RAM Tesla Citroen Peugeot Emissions Stellantis

Alfa Romeo Giulia SWB Zagato revealed as a glorious green one-off coupe

Christmas came a few days early for one lucky enthusiast in Germany. Italian design house Zagato unveiled a one-off, carbon fiber-bodied coupe called Alfa Romeo Giulia SWB Zagato that features a twin-turbocharged V6 and that was commissioned by a German collector. Zagato explained that it launched the project to celebrate 100 years of collaborating with Alfa Romeo, the current-generation Giulia and the V6 engine. It started by shortening the Giorgio platform that the Giulia and Stelvio are both built on. It then drew a head-turning coupe that borrows a handful of styling cues from several past and present Alfa models. The front end is dominated by air intakes (including one shaped like the Alfa grille) and it features a pair of Tonale-like LED headlights. The coupe's profile is characterized by a long hood, a short rear end and a carbon fiber double-bubble roof panel left unpainted, while the back end gets a thin, curved light bar and a massive air diffuser. While several cars inspired designers, including the 1989 SZ that Zagato helped design, the Giulia SWB isn't full-on retro or old-school in any way. It features carbon fiber body panels and it's powered by an evolution of the 2.9-liter, twin-turbocharged V6 engine fitted to the Giulia Quadrifoglio that's been updated to GTAm specifications. Technical specifications weren't released, but the GTAm's six is tuned to develop 540 horsepower and 442 pound-feet of torque. Starting with the Quadrifoglio's engine gave Zagato a big advantage: the V6 spins the rear wheels via a six-speed manual transmission. The limited-edition GTAm is exclusively offered with an eight-speed automatic transmission. From the driver's perspective, the cabin is mostly standard Giulia fare; you'll find the same steering wheel, touchscreen, air vents and climate control interface in the same locations as in the Giulia. Green accents and several model-specific carbon fiber trim pieces help the SWB stand out from the sedan it's based on, and a major difference between the two cars is that the coupe is fitted with only two seats.  Zagato delivered the Giulia SWB to its new owner after shooting the photos you see in our gallery on the La Pista race track located near Alfa Romeo's hometown of Milan, Italy. There's no word on who owns it yet; all we know is that the coupe will join what sounds like a massive collection of high-end cars that includes an 8C Competizione, a 1990 SZ, plus a handful of Zagato-bodied Aston Martin models.

Stellantis lays off salaried workers, cites uncertainty in EV transition

DETROIT — Jeep maker Stellantis is laying off about 400 white-collar workers in the U.S. as it deals with the transition from combustion engines to electric vehicles. The company formed in the 2021 merger between PSA Peugeot and Fiat Chrysler said the workers are mainly in engineering, technology and software at the headquarters and technical center in Auburn Hills, Michigan, north of Detroit. Affected workers were notified starting Friday morning. “As the auto industry continues to face unprecedented uncertainties and heightened competitive pressures around the world, Stellantis continues to make the appropriate structural decisions across the enterprise to improve efficiency and optimize our cost structure,” the company said in a prepared statement Friday. The cuts, effective March 31, amount to about 2% of Stellantis' U.S. workforce in engineering, technology and software, the statement said. Workers will get a separation package and transition help, the company said. “While we understand this is difficult news, these actions will better align resources while preserving the critical skills needed to protect our competitive advantage as we remain laser focused on implementing our EV product offensive,” the statement said. CEO Carlos Tavares repeatedly has said that electric vehicles cost 40% more to make than those that run on gasoline, and that the company will have to cut costs to make EVs affordable for the middle class. He has said the company is continually looking for ways to be more efficient. U.S. electric vehicle sales grew 47% last year to a record 1.19 million as EV market share rose from 5.8% in 2022 to 7.6%. But sales growth slowed toward the end of the year. In December, they rose 34%. Stellantis plans to launch 18 new electric vehicles this year, eight of those in North America, increasing its global EV offerings by 60%. But Tavares told reporters during earnings calls last month that “the job is not done” until prices on electric vehicles come down to the level of combustion engines — something that Chinese manufacturers are already able to achieve through lower labor costs. “The Chinese offensive is possibly the biggest risk that companies like Tesla and ourselves are facing right now,Â’Â’ Tavares told reporters. “We have to work very, very hard to make sure that we bring out consumers better offerings than the Chinese.