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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.

Maserati rapidly expanding dealer network

With the new Quattroporte and Ghibli sedans out on the market, and the new Levante crossover and Alfieri coupe on their way, Maserati is making serious headway towards revitalizing its lineup. Now all it needs in order to reach its ambitious sales targets is to expand the network of dealers where they're to be sold. And according to Maserati chief Harald Wester in speaking to Automotive News at the Paris Motor Show, that's exactly what it has in store.
At the end of last year, Maserati had 79 dealerships across the United States. It has already boosted that number to 100 so far this year, but before 2014 is over, it plans to open another 20 to bring the total up to (carry the two, divide by the square-root of Pi)... 120 showrooms.
Globally speaking, Maserati reportedly closed 2012 with around 220-230 dealers around the world, and currently has about 355, but aims to close 2015 with a worldwide network of 450 dealers, representing a doubling of its network in two years' time. Having more than a quarter of those in the US alone is testament to how seriously Maserati takes the American market.

Maserati to show GranCabrio MC in Paris

Maserati sure seems to be milking the GranTurismo franchise for all its worth these days. In addition to plenty of limited editions and sport models for both the coupe and convertible, Maserati recently launched the MC version of the hardtop. Now, ahead of its debut at the Paris Motor Show, the Modenese automaker has dropped details on its latest iteration of the GT platform, the GranCabrio MC.
Visually, the droptop's most noticeable change is its new face, which has been lifted directly off the MC Stradale coupe. This means the car is a full 48 millimeters longer than the standard and Sport versions of the GranCabrio, but we like the decidedly more aggressive look to that big ol' schnoz. The large rear spoiler has also been reworked for the MC, providing even more downforce to keep that large body firmly glued to the road.
Maserati has not released powertrain details, but we assume that the GranCabrio MC uses the same 4.7-liter Ferrari-sourced V8 as the MC coupe, good for 444 horsepower and 376 pound-feet of torque, mated to a six-speed automatic transmission.