1990 Alfa Romeo Spider Veloce, One Owner 34k Original Miles!! on 2040-cars

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Dodge, Jeep and Ram could soon be owned by Chinese automakers

For the past several years, Fiat Chrysler CEO Sergio Marchionne has made it widely known that the automaker he helms is up for grabs. First, he sent an email to GM CEO Mary Barra, who immediately refused to even discuss a merger. Later, Marchionne set his sights on Volkswagen. That too was swiftly rebuffed. It seemed like no global automaker was remotely interested in a partnership. Now, Automotive News reports that several Chinese automakers have come calling, only FCA isn't ready to answer. At least not yet. The news broke this morning that a major Chinese automaker had made an offer to purchase FCA for slightly above market value. FCA refused, saying the offer wasn't quite generous enough. It's unclear which automaker made the offer, but Automotive News says there's more than one interested party. FCA representatives have recently traveled to China to meet with Great Wall Motors, while Chinese representatives were seen at FCA corporate headquarters in Auburn Hills, Mich. The Chinese government has a lot of money invested in local automakers. It's putting pressure on these automakers to expand globally, including to the United States. As it stands, it's a matter of when a Chinese automaker will start selling cars here, not if. Purchasing an established automaker with a wide range of products and a huge dealer network would do wonders in giving the Chinese a foothold here. Sure, Geely owns Volvo, but a luxury automaker doesn't have nearly as much reach as a more mainstream company like FCA. This seems like the best case scenario for both a Chinese automaker looking to move into the U.S. and for FCA, at least from a business standpoint. The latter doesn't seem to have any other interested parties. It will be interesting to see how FCA would sell a deal like this to the public. We're not sure everyone will be happy with Dodge, Jeep and Ram falling under Chinese ownership. FCA didn't turn down the Chinese because they didn't like the idea. It turned down the offer because there wasn't enough money on the table. Related Video: News Source: Automotive News Earnings/Financials Alfa Romeo Chrysler Dodge Fiat Jeep RAM

Alfa Romeo to develop a large car in the United States

MILAN — Itay's Alfa Romeo will work on a new large car in the United States to be launched in 2027, the brand's head Jean-Philippe Imparato said on Friday, adding however the group had not yet decided where to manufacture it. Imparato said the step was key to tailoring the design for overseas markets, helping Alfa Romeo to strengthen its position as an international premium brand of carmaker Stellantis. "Our offer for a large size vehicle must fit international markets, American, Chinese, European," he said during a media call, a day after parent Stellantis released first half results. Alfa Romeo is still assessing whether the new model will be an SUV or crossover bigger though it already has Stelvio with Tonale on the way, or a sedan bigger than Giulia, but it will probably not be an SUV as large as BMW's X5 or X6, Imparato said. He told Automotive News that the vehicle could be a mix of the two vehicle types, perhaps not unlike the new Toyota Crown. "We want to find the right mix," he said. "It's a decision we will take by the end of this year." Imparato said developing the car in the U.S. did not mean it would be produced in North America. "Producing in the U.S. is not something we have decided and it is something we don't want to decide now," he added. Alfa's two production sites are in Italy.  

Alfa Romeo Stelvio to get a new rear-drive base version

Good news for those who want an Alfa Romeo Stelvio but do not have the need for all-wheel drive: Alfa is reportedly introducing a cheaper, solely rear-drive version. It will still have plenty of power. Car & Driver is reporting that there will be a new, rear-wheel-drive base Stelvio for 2019, one that undercuts the current cheapest Q4 model by $2,000. That would mean a starting price of $41,440. However, the gap will widen slightly as the all-wheel-drive cars will see a price bump for 2019. The base model's only engine option will be the four-cylinder turbo, offering 280 horsepower and 306 lb-ft of torque. The transmission is the eight-speed automatic. C&D also says that the RWD versions will be kitted out more cheaply than AWD models, as a posher Ti version will always come standard with AWD. The new base models are likely to bear Q2 badging to differentiate them from the "quattro per quattro" Q4 models. And, if you're still willng to add a little something to the RWD Stelvio, there will be an available Sport package that offers 19-inch wheels and performance-oriented accessories such as aluminum pedals, painted brake calipers, paddle shifters and more. This does almost negate the price difference between the 2018 and 2019 base models, as it is said to cost $1,800.