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Fiat set to invest $12B on new models, stop Euro losses in 3 years

Naturally, you'd expect a massive automaker like Fiat to have an in-depth plan to exit the current European-market doldrums, and you'd expect that plan to include plenty of new vehicles to attract those precious buyers that still remain despite the financial downturn. And you'd be right, though Fiat does seem to have a few unexpected twists up its corporate sleeve.
Perhaps the biggest shocker is a report that Fiat will completely drop the Punto, a car with mass-market appeal aimed at small-car buyers cross-shopping the popular Volkswagen Polo. Its replacement will be a five-door Fiat 500 aimed at upmarket buyers (sounds awfully similar to the 500L) that will be built in Poland. Lower-end customers will reportedly be served by variants of the Fiat Panda.
Borrowing a page from the BMW, Daimler and Volkswagen playbook, reports Automotive News, Fiat is said to have plans to reignite production at its Italian factories by retooling them to build high-end vehicles from Maserati and Alfa Romeo. These will be marketed as premium products, built by skilled Italian workers (who are paid wages that are 75-percent higher than those building Fiats in Poland), and will be sold around the world.

Fiat Chrysler Automobiles: The next five years

Unless you've been living under a rock for the past 24 hours, you've no doubt read about all of the big future product news coming out of Fiat Chrysler Automobiles today. We had individual brand reports from Chrysler, Dodge, Jeep, Ram, Alfa Romeo, Fiat, Maserati and even Ferrari, but in the interest of simplifying and summarizing, we're going to list out the hard facts once more. Of course, with all of this still off in the future, there's still the possibility that a few changes will be made. But as of what we know right now, here's what's coming, and what's going away.
Chrysler
2014: Refreshed 300/300C, debuting at Los Angeles Auto Show

Is Alfa Romeo readying 4C Spider for Detroit reveal?

The 2015 Detroit Auto Show just keeps looking like one of the best automotive events in the Motor City in years, and it seems increasingly likely that we're going to see another sports car reveal there with the production Alfa Romeo 4C Spider. The latest hint towards the unveiling of the Spider comes from FCA's own blog. In a story about the first customer deliveries of the 4C Launch Edition, the last sentences nearly let the cat out of the bag: "Alfa Romeo plans to introduce eight new models by 2018. You'll get your next Alfa fix at the North American International Auto Show in Detroit in January." Just looking at the roofline of the 4C, it's pretty clear that a convertible was in the cards from the very beginning. Alfa confirmed that with the Spider concept (pictured below) at the 2014 Geneva Motor Show, and reaffirmed the drop top in the company's five-year plan. Further evidence for the fast approaching debut came recently when a fully production-spec 4C Spider (pictured above) was spotted being professionally filmed in Spain. It sported some changes over the concept, including a cooling inlet on the driver's side rear fender and exhausts at the corners, instead of the center. Related Gallery Alfa Romeo 4C Spider Concept: Geneva 2014 View 13 Photos Related Gallery Alfa Romeo 4C Spider Design Preview News Source: Objects in the MirrorImage Credit: Carscoops, Related images copyright 2014 Drew Phillips / AOL, Alfa Romeo Design/Style Rumormill Detroit Auto Show Alfa Romeo Convertible Performance FCA 2015 Detroit Auto Show alfa romeo 4c alfa romeo 4c spider