2024 Alfa Romeo Stelvio Ti on 2040-cars

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Stellantis says its 2021 performance has been better than expected

MILAN — Stellantis softened up investors ahead of its electrification strategy event on Thursday by flagging that 2021 got off to a better-than-expected start despite a chip shortage that has hit automakers worldwide. Stellantis, which was formed in January from the merger of Italian-American automaker Fiat Chrysler and France's PSA, faces an investor community keen to hear how it plans to come up with a range of electrified vehicles (EVs) to rival Tesla. At its "EV Day 2021" kicking off at 1230 GMT, Stellantis will disclose significant investments in electrification technology and connected software as it aims to be an industry frontrunner, it said in a statement. In April, Chief Executive Carlos Tavares said it would offer low-emission versions — either battery or hybrid electric — of almost all of its European models by 2025, and they should make up 70% of European sales and 35% of U.S. sales by 2030. Stellantis, the world's fourth-biggest automaker, has 14 brands in its stable, including Jeep, Ram, Opel, Fiat, Peugeot and Maserati.   Stellantis EV Day coverage: Dodge will launch the 'world's first electric muscle car' in 2024 Fully electric Ram 1500 will begin production in 2024 Jeep will have 4xe plug-in hybrid models across the lineup by 2025 Stellantis teases mystery electric Chrysler concept Stellantis previews 4 electric platforms: Here's how they'll be used Fiat says all Abarth models to be electric from 2024 Opel Manta E will be the electric revival of the classic German coupe Stellantis says its 2021 performance has been better than expected   At a similar EV strategy event last week, French rival Renault announced that 90% of its main brand models would be all-electric by 2030, whereas previously it had included hybrids in its target. Germany's Volkswagen, the world's second-biggest automaker after Toyota, expects all-electric vehicles to make up 55% of its total sales in Europe by 2030, and more than 70% of sales at its Volkswagen brand. Stellantis said its margins on adjusted operating profits in the first half of 2021 were expected to exceed an annual target of between 5.5% and 7.5%, despite production losses due to a global shortage of semiconductor supplies. Stellantis shares listed in Milan were down 2.6% at 0920 GMT, underperforming the broader European car index. Bestinver analyst Marco Opipari said Thursday's news was positive but that the stock was suffering from profit taking as it had moved up about 20% since the end of April.

Alfa Romeo to unveil Tonale at the Geneva Motor Show

Alfa Romeo is bringing a new model to the Geneva Motor Show, and it's likely to be called the Tonale. This is as much as we know so far. The Tonale, the name of which is currently being propped onto the stage in Geneva, is expected to be a small SUV. But the vehicle's basis is being hotly debated right before it's scheduled to be revealed. The compact SUV was also spied on the show floor right now, and the photo leak ran on the "Masera" Facebook page. First seen with its daytime running lights glowing under the wraps, then completely uncovered, the Tonale seems to have a sharp, yet curvy design, with aggressive front detailing. Based on earlier information, we're also expecting the Tonale to be available as a plug-in hybrid. Earlier information called the compact SUV to be based on FCA's Small Wide platform, with Automotive News saying it's likely to be sharing technology with the Jeep Compass, which is expected to be built in Italy in the near future. Later on, a Greek site called AutoBlog.gr (no relation) theorized that the new SUV would be built on the Giorgio platform instead, which would make it more of a true Alfa Romeo and a scaled-down Stelvio instead. As Carscoops says, the Tonale name comes from a mountain pass not quite as tall as the Stelvio Pass. The size and dimensions of the spied Tonale could make it likely to ride on Small Wide, or the long-wheelbase version of the platform, as the Small Wide platform (in several variants) underpins both the Renegade, Compass, and both the Fiat 500X and 500L, just with different lengths. The overhangs, especially the front, are longer than on Jeeps, but for it to run on a cut-down Giorgio might be a stretch. Related Video:

Alfa Romeo 4C Spider brings roofless Italian performance to the well-heeled masses

Following through on its Geneva concept and year-end rumors, Alfa Romeo has introduced a roofless version of its mid-engine 4C at the 2015 Detroit Auto Show. Like the Lotus Elise, the canvas top on the 4C Spider isn't some fancy automatic roof. Instead, owners will need to manually sort things out. Unlike the Elise, at least, the 4C's top is easier to manage when both fixing and removing from the mid-engined sports car's body. For those that prefer the security provided by a hard top, a removable carbon-fiber roof will be added after launch. Aside from that change, most of the tweaks for the 4C Spider have to do with options and equipment. As we explained in our original post, opting for the topless version of this turbocharged Italian will still get you to 60 in just 4.1 seconds, while Alfa claims the 4C Spider can still pull 1.1 lateral g. Check out our full gallery of photos of the new 4C Spider, direct from the floor of the 2015 Detroit Auto Show, at the top of the page. And for more on Alfa's second US product, check out our original post, right here.