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For his last act, Marchionne will outline an EV/hybrid roadmap this week

MILAN/LONDON — Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world's seventh-largest carmaker remains in the race in the absence of a merger. The 65-year-old will present FCA's strategy to 2022, his final contribution to the company he turned around and multiplied in value through 14 years of canny dealmaking. After failing to secure a tie-up he said was necessary to manage the costs of producing cleaner vehicles, Marchionne needs to show the group can keep churning out profits on its own, even as emissions rules tighten, SUV competition intensifies and worries around his succession abound. Marchionne had long refused to jump on the electrification bandwagon, saying he would only do so if selling battery-powered cars could be done at a profit. He even urged customers not to buy FCA's Fiat 500e, its only battery-powered model, because he was losing money on each sold. But Tesla's success and the need to comply with tougher emissions rules have forced Marchionne to commit to what he calls "most painful" spending. "FCA is way behind rivals in terms of hybrid and electric vehicles and they need to hit the accelerator to convince investors they can close that gap," said Andrea Pastorelli, a fund manager at 8a+ Investimenti. Germany's Volkswagen, Daimler, BMW and U.S. rivals GM and Ford have committed to spending billions of euros each in coming years to try produce profitable cars powered by cleaner fuels. FCA needs to present a clear roadmap, just like Volvo Cars, which ditched diesel from its best-selling XC60 SUV, launched a new electric brand and pledged to shift all brands to hybrid by 2019, a banking source close to FCA said, noting: "The tech divide determines winners and losers in the industry." Marchionne has already said half of the wider FCA fleet will incorporate some elements of electrification by 2022, while luxury marque Maserati will spearhead FCA's electrification drive by making all new models due after 2019 electric. But its plans remain vaguer and less advanced than most big rivals and some investors wonder about the capital required to make vehicles compliant, and what share of spending can go to electrification given FCA's numerous demands.

Alfa's upcoming EV sports car poised as a 4C Spider successor — the 4E?

Expanding its ambitious plans for its future electric cars, Alfa Romeo is working on an electric sports car — one that might be badged the 4E and live on as a successor to the 4C Spider — for introduction before the end of the decade "There are some items from Alfa Romeo that we don't kill: One is the Spider, the other is a love of cars. We do want to continue them because that's the brand,” Daniel Guzzafame, Head of Products at Alfa, said in an interview with Autocar. “The main point is to make sure that when we do it, we are credible, are sustainable, and don't just throw something on the market for the sake of it.” The ItaliansÂ’ prospective scenario would hinge on the success of its new multi-car/SUV lineup that includes the Tonale, introduced earlier this year; a baby SUV spotted online recently that could come next year, and upcoming electric versions of the Guilia sedan and Stelvio. A new Alfa Romeo will arrive each year for the next five years, Alfa executives say, to build up the “sustainable” inventory foundation to which Guzzafame referred. In past years, he said, “we went to the dealers, and they had the 4C, Giulietta, and Mito, and that was all they had. First, you need to have a solid lineup, and then, of course, the Spider has to be the cherry on the cake.” The sports car discussed by Guzzafame may borrow styling cues from the newly revealed 33 Stradale supercar, available with Alfa's first-ever electric drivetrain. The company may also look to mimic the dynamics of todayÂ’s mid-engined sports cars by locating its battery in the center of the chassis, a placement that would allow a traditional cab-forward shape.  Alfa Romeo has suggested that all of its ICE vehicles will go out of production by 2027. As far as a “noiseless” Alfa is concerned, Guzzafame explained the company may try to emulate the sounds and vibrations of a gasoline motor in the new car. “ItÂ’s not what you hear, itÂ’s what you feel,” he said. “WeÂ’re working on how to transfer that into a vibe, more than sound, and something that will resonate in your ear, because you need to get something from your gut.” As for the gorgeous mid-engined Stradale, the engine is a version of the twin-turbo V6 from the Alfa Romeo Quadrifoglio models, and apparently some aspects of the active suspension are also taken from the Giulia Quadrifoglio GTA.

Alfa Romeo planning a four-cylinder, 350-hp Giulia Veloce?

At the moment, Alfa Romeo sells a 2.0-liter, turbocharged four-cylinder Giulia with 280 horsepower for $37,995, and a 2.9-liter, twin-turbo six-cylinder Giulia Quadrifoglio with 505 hp for $72,000. A vacuum separates those poles, and the marketplace, echoing nature, hates it. Some recent Internet sleuthing in The Netherlands and in the U.S. might have identified a suitable object to fill that void: a 350-hp version of the 2.0-liter turbo. Last December, Dutch shop Squadra Tuning discovered an entry on Fiat Chrysler's Dutch-market parts site for a 2.0-liter turbo Giulia producing 350 metric horsepower (345 U.S. ponies). Not long after that, an Autoevolution reader submitted an image of an FCA document for the NAFTA region, which listed a 2.0-liter, 350-hp model for the USA equipped with the eight-speed automatic and all-wheel drive. The name of the model powered by that engine: "Giulia Veloce." Certain international markets already offer a Veloce trim with an auto transmission and all-wheel drive, but engine choices are the 280-hp 2.0-liter we already get, and a 2.2-liter turbodiesel we don't get. If those overseas discoveries were merely smoke, conjecture took a huge step toward fire a few days ago when Bozi Tatarevic found a 2.0-liter, 350-hp engine option on Mopar Tech Authority, FCA's OEM service portal. Car and Driver asked Alfa Romeo for clarification, the carmaker responding, "No plans for any other engines for Giulia in North America for 2018 model year besides the 2.0L and 2.9L [gasoline] versions." Having ruled 2018 out, onlookers have turned their eyes to 2019 for the introduction of this 350-hp motor. What's more, a comment on Tatarevic's tweet sends speculation into 48-volt overboost. Twitter user Rob P replied, "This is pretty well established as happening. MY2019, USA only. 280hp + 48V electrical system + elec. assisted turbo = ~350bhp 'Veloce' in USA nomenclature." No matter how the horses are made, assuming 350 cavalli make it across the Atlantic, Alfa's lineup will profit from the addition: Buyers in the sport sedan segment would get some Italian sprezzatura to cross-shop against German Monumentalitat. Related Video: News Source: Bozi Tatarevic / Twitter via Road and Track Rumormill Alfa Romeo Luxury Performance Sedan FCA alfa romeo giulia 48-volt system giulia