1978 Alfa Romeo Spider Veloce Convertible 2-door 2.0l on 2040-cars

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China-FCA merger could be a win-win for everyone but politicians

NEW YORK — Fiat Chrysler boss Sergio Marchionne has said the car industry needs to come together, cut costs and stop incinerating capital. So far, his words have mostly fallen on deaf ears among competitors in Europe and North America. But it appears Marchionne has finally found a receptive audience — in China. FCA shares soared Monday after trade publication Automotive News reported the $18 billion Italian-American conglomerate controlled by the Agnelli family rebuffed a takeover from an unidentified carmaker from the Chinese mainland. As ugly as the politics of such a combination may appear at first blush, a transaction could stack up industrially, and perhaps even financially. A Sino-U.S.-European merger would create the first truly global auto group. That could push consolidation to the next level elsewhere. Moreover, China is the world's top market for the SUVs that Jeep effectively invented, so it might benefit FCA financially. A combo would certainly help upgrade the domestic manufacturer; Chinese carmakers have gotten better at making cars, but struggle to build global brands, and they need to develop export markets. Though frivolous overseas shopping excursions by Chinese enterprises are being reined in by Beijing, acquisitions that support the modernization and transformation of strategic industries still receive support, and the government considers the automotive industry to be strategic. A purchase of FCA by Guangzhou Automobile, Great Wall or Dongfeng Motors would probably get the same stamp of approval ChemChina was given for its $43 billion takeover of Syngenta. What's standing in the way? Apart from price (Automotive News said FCA's board deemed the offer insufficient) there's the not-insignificant matter of politics. Even as FCA shares soared, President Donald Trump interrupted his vacation to instruct the U.S. Trade Representative to look into whether to investigate China's trade policies on intellectual property. Seeing storied Detroit brands like Jeep, Chrysler, Ram and Dodge handed off to a Chinese company would provoke howls among Trump's economic-nationalist supporters. It might not play well in Italy, either, to see Alfa Romeo and Maserati answering to Wuhan instead of Turin — though Automotive News said they might be spun off separately. Yet, as Morgan Stanley observes, "cars don't ship across oceans easily," and political considerations increasingly demand local manufacture of valuable products.

Alfa Romeo finalizes 2024 Tonale EPA fuel economy, EV range

Alfa Romeo announced Wednesday that the 2024 Tonale plug-in-hybrid achieved 29 mpg combined in EPA testing, coming in at 77 MPGe with a total EV range of 33 miles. The plug-in hybrid powertrain is the only one offered in the 2024 Tonale and is shared with the 2024 Dodge Hornet R/T, which is essentially the same car only in weekend casual.  "We are happy to announce the official EPA electric range of 33 miles and 77 MPGe for the Alfa Romeo Tonale, which will allow many of our customers to drive their daily commutes without tapping the fuel tank," said Larry Dominique, SVP, Head of Alfa Romeo North America. "The Alfa Romeo Tonale represents the beginning of our transformation to greater electrification while staying true to the performance characteristics our customers expect from the brand, including a best-in-class 285 horsepower." The electric range of 33 miles puts the 2024 Tonale smack in between the 2023 Lincoln Corsair PHEV (28 miles) and Lexus NX 450h+ (38 miles). The Lincoln is also a close match in MPGe, coming in at 78, but the Lexus handily eclipses both 84 MPGe. So if fuel EV range and fuel efficiency are all you crave, the Lexus is your go-to, even if the Alfa is thousands cheaper. The Tonale Sprint starts at $44,590 (with destination). After the $7,500 federal electric vehicle credit is factored in (which requires you to lease since the Tonale is built Italy) you’re looking at just $37,090. Both the Lexus and Lincoln start north of $50,000 before subsidies, but the Louisville-built Lincoln can benefit from tax credits whether you lease or purchase.  Related Video 2023 Dodge Hornet R/T

Alfa Romeo 33 Stradale is a fast Alfa, developed fast

Alfa Romeo's 33 Stradale is a gorgeous supercar to simultaneously cap off the internal combustion era of the brand and kick off the electric era. But we did have some questions about it after the reveal, which we brought to Larry Dominique, the senior vice president of Alfa Romeo North America. And he was kind enough to answer a good number of them, revealing some interesting information. One of the first things we wanted to know about was the decision to make such a pivotal car such a clear tribute to the famed Tipo 33 race car from many decades ago. We certainly weren't complaining, but we could easily have seen Alfa doing something more modern or more original. Dominique said that part of the reason was to help with awareness of Alfa and its history, as awareness in general is something the brand still struggles with. So connecting the car with famous motorsports machines could help people understand more of what Alfa is and was. Of course, the Tipo 33 was also a gorgeous car to start with, and as this is among the last gas-powered Alfas, a tribute makes sense. The 33 Stradale's specs also looked shockingly similar to that of the Maserati MC20 supercar, and considering the mid-engine layout, we were expecting that under the curvy exterior, the Alfa would basically be that Maserati. Dominique told us that's not quite the case. Parts of the frame are borrowed from the Maserati, but apparently the engine is a version of the twin-turbo V6 from the Alfa Romeo Quadrifoglio models, not Maserati's Nettuno V6. Apparently some aspects of the active suspension are also taken from the Giulia Quadrifoglio GTA, though neither Dominique nor Alfa's PR representative present had the detailed specifics at the time of the interview. We also learned a few more details about the electric powertrain. The battery pack comes in around 100-kWh in capacity, and it has an 800-volt architecture to support high-speed charging from 350-kW chargers. Beyond that, though, Dominique didn't have anything else to talk about for the electric 33. The 33 Stradale will be fast with 60 mph times under 3 seconds, but it's fast in another way. Dominique told us that this project got under way toward the end of summer and beginning of fall just last year. With final development coming over the next several months, that's a quick turnaround to getting a production car. One thing Dominique wouldn't tell us is how expensive the 33 Stradale is.