Over $4500 Worth Of Mechanical And Body Work Recently Completed on 2040-cars

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Alfa Romeo's first EV reportedly due out in 2024 as small crossover

The first series-produced electric Alfa Romeo model will allegedly make its debut in 2024. Official details aren't available, but a recent report claims that the EV will take the form of a small, entry-level crossover that will be closely related to the Jeep Avenger under the sheetmetal. Don't be alarmed if the nameplate "Avenger" doesn't ring a bell, or if you associate it with a series of Dodge models built from the 1990s to the 2010s. Across the pond, the emblem denotes a hatchback-like, city-friendly front-wheel-drive Jeep built on a platform that underpins several cars in the Stellantis portfolio. It's on these bones that Alfa Romeo will build its first EV, according to British magazine Autocar. The soft-roader could be called Brennero, a name borrowed from a mountain pass in Italy, and the publication wrote that current and past models will influence its design; the report notably cited the original Giulietta released in 1954 as a source of inspiration. Time will tell if that's accurate, and how designers will transfer 70-year-old styling cues onto a mass-produced crossover developed for young, urban buyers. On the electric side of the lineup, the model will share powertrain parts with its Jeep-badged sibling. For context, the subcompact Avenger (which stretches approximately 161 inches long and 60 inches tall) ships with a single, front-mounted electric motor that zaps the front wheels with 154 horsepower and 192 pound-feet of torque. Electricity is stored in a 54-kilowatt-hour lithium-ion battery pack, and Jeep quotes a 250-mile driving range when tested on the WLTP cycle used in Europe (the EPA-estimated figure would likely be lower). Like the Avenger, the Brennero will be offered with a gasoline-powered engine in some markets. Again using a Jeep as a reference point, the piston-powered option is a turbocharged, 1.2-liter three-cylinder shared with the Peugeot 208, among others, and rated at 154 horsepower. If the report is accurate, the Alfa Romeo Brennero will land in showrooms in June 2024. Our crystal ball tells us that it won't be sold in the United States due in part to its small size; Jeep doesn't sell the Avenger here, after all. American drivers who want to put an electric Alfa Romeo crossover in their driveway will need to wait until the rumored second-generation Stelvio makes its debut at some point in 2026.

Alfa Romeo unveils Formula One car for new season

MONTMELO, Spain — Alfa Romeo has unveiled the new Formula One car that will be piloted by former champion Kimi Raikkonen this season. Raikkonen, teammate Antonio Giovinazzi and team principle Frederic Vasseur posed with the white-and-burgundy Alfa Romeo C38 in the pit lane of the Barcelona-Catalunya Circuit before preseason testing started on Monday. Alfa Romeo is the rebranded name for the Sauber team this season. Raikkonen joined Alfa Romeo from Ferrari, where he won the Italian team's most recent drivers' title in 2007. The 39-year-old Finn is joined by Giovinazzi, a 25-year-old Italian with two Grand Prix races under his belt. Sauber finished eighth in the constructors' standings last year. More AP auto racing

Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.