2004 Spider F1 Used Cpo Certified 3.6l V8 40v Automatic Rwd Convertible Premium on 2040-cars

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FCA's European boss quits after losing out as Marchionne's replacement

MILAN — Fiat Chrysler's European boss has quit, adding to the problems facing new CEO Mike Manley, who must deliver on promises to boost production of SUVs and catch up with rivals in electric cars. Jeep division head Manley was named on Saturday to succeed Chief Executive Sergio Marchionne, one of the auto industry's most tenacious and respected leaders, who fell seriously ill after suffering complications following surgery. It emerged on Monday that Alfredo Altavilla, head of Fiat Chrysler's business in the Europe, Middle East Africa had resigned, according to a source with knowledge of the matter. He had been a rival for the top job along with Manley and Chief Financial Officer Richard Palmer. It's another complication to new CEO Manley's task of executing his predecessor's plan to keep the world's seventh-largest carmaker competitive in the absence of a merger. Marchionne had been due to step down next April, so the market reaction was limited on Monday. The shares initially fell more than 5 percent, but then pared some losses and were down 2.4 percent by 0930 GMT. "The downside may be modest, at least in the next 12 months. But long-term concerns will build — Marchionne ran FCA in a command and control style, with constant firefighting measures," said Bernstein analyst Max Warburton. Fiat Chrysler Automobiles (FCA) said British-born Manley would pursue the strategy that Marchionne outlined last month. FCA has pledged to increase production of sport utility vehicles and invest in electric and hybrid cars to double operating profit by 2022. It also unveiled bold targets for Jeep, which has become FCA's ticket to creating a high-margin brand with global appeal. Reviving struggling brands Analysts said that choosing Manley, 54, under whose watch Jeep's sales surged fourfold, sent a clear message that FCA was staying on course and would keep the Jeep brand at the heart of its growth plan. "Manley knows that his primary focus is on execution and that, already, he has a strategy into which his team has bought," said George Galliers, an analyst at Evercore ISI. "There is no reason the 2022 plan cannot be executed." Under Manley, the company is expected to sharpen its focus on revamping individual brands, including ailing Fiat in Europe, Chrysler in the United States and Alfa Romeo, which has yet to turn a profit despite multibillion-euro investments.

Nissan GT-R and Ferrari 458 Speciale in track battle by Evo

Supercar slayer. That's what they call the Nissan GT-R. And in many ways it is, even though its price and performance over the years have risen to put it squarely in supercar territory of its own right.
In fact, as Evo magazine has been compiling a list of its fastest cars - using the Anglesey Circuit in Wales as its common ground - the GT-R has came out on top... that is, until Evo tested the Ferrari 458 Speciale. The two are about as different as you can get within the supercar segment: one has a turbo six up front driving all four wheels in a 2+2 configuration, the other a mid-engined, rear-drive V8 two-seater. In fact the only common ground you're likely to find between them comes down to their two doors and dual-clutch transmissions. Though they serve it up in different ways, both are class-leading performers.
We're looking forward to watching Evo populate its leaderboard with more entries like the McLaren 650S and more potent Nismo GT-R, but in the meantime the British enthusiast magazine, by popular demand, has released side-by-side in-car footage of both supercars putting their best lap forward around the seaside circuit.

Colani's land speed record Ferrari for sale

Everyone knows that Ferraris are designed to go fast, but their performance is measured by a number of different metrics. This particular example, however, was designed with one goal in mind, and that was top speed. And now it's up for sale. The one-of-a-kind creation was the work of Professor Luigi Colani. The car started life as a Testarossa, but was extensively modified and entirely rebodied in order to pursue a high-speed run at the Bonneville Salt Flats. That meant an aerodynamically optimized body designed by Colani to dramatic and wind-cheating effect, and substantially reworked mechanicals as well. The flat-twelve engine was fitted by German firm Lotec with a pair of turbochargers to drive output beyond 750 horsepower. The 1989 Ferrari Testa D'Oro Colani - so named, we gather, for its gold cam cover - was clocked at 218 miles per hour back in 1991, winning its class at Bonneville and far outstripping the 201-mph top speed quoted by Ferrari for the F40 that was all the rage at the time. The vehicle has now been put up for sale by Purosangue Maranello, where (as you can see from the images in the gallery above) it sits alongside another one-off Ferrari: the four-door Pinin concept of 1980 (to say nothing of the Minardi F1 racer in the other corner). If it's a completely unique Prancing Horse you're after, Purosangue (Italian for "pure blood" or "thoroughbred") seems to be the place to look. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.