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Stellantis announces ‘Circular Economy’ business to drive revenue, decarbonization

Stellantis has already announced its plans to reach net-zero carbon emissions by 2038. Today, the automaker has announced a new business unit to help it reach that goal while generating 2 billion euros per year in revenue by 2030. The “Circular Economy” business will help make revenue less dependent on finite, rare and ecologically problematic materials. The Circular Economy model features what Stellantis calls a “4R” strategy, comprising remanufacturing, repair, reuse and recycling. The goal is to make materials last as long as they can, reducing reliance on the acquisition of those precious new materials in the future by returning them to the business loop when theyÂ’ve reached the end of their first life. Through these processes, Stellantis says it can save up to 80% raw material and 50% energy compared to manufacturing a new part. Remanufacturing, or “reman” in Stellantis shorthand, means dismantling, cleaning and rebuilding parts to OEM spec. Nearly 12,000 remanufactured parts are available for customers to purchase. Some remanufacturing is done in-house, and some with partners and through joint ventures. Repair is pretty obvious — fixing parts to put back into vehicles. This also consists of reconditioning, to make a vehicle feel like new. Stellantis boasts 21 “e-repair” centers for repairing electric vehicle batteries.  Reuse refers to parts still in good condition from end-of-life vehicles sold as-is. Stellantis says it has 4.5 million multi-brand parts in inventory. These are sold in 155 countries through the B-Parts e-commerce platform. Reuse also refers second-life options, such as using batteries outside of automotive purposes. Recycling involves dismantling parts and scraps back into raw material form that is then looped back into the manufacturing process. Stellantis says it has collected 1 million parts for recycling in the past six months. Recycling doesnÂ’t get counted in that aforementioned 2 billion euros of revenue, but it does save the company money on acquisition of raw materials. As for batteries, specifically, Stellantis expects this recycling business to ramp up after 2030, when the packs currently in service begin to reach the end of their lifecycle. Stellantis will use its new “SUSTAINera” label to denote parts that are offered as part of its Circular Economy business.

Alfa Romeo returns to F1 as Sauber title sponsor

LONDON - Alfa Romeo will become title sponsor of the Sauber Formula One team next season as part of a multi-year technical and commercial partnership, both sides announced on Wednesday. "This agreement with the Sauber F1 Team is a significant step in the reshaping of the Alfa Romeo brand, which will return to Formula One after an absence of more than 30 years," Fiat Chrysler chief executive Sergio Marchionne said in a statement. Sauber announced in a statement of their own that the team will officially be known as the Alfa Romeo Sauber F1 Team from 2018 onwards. "Working closely with a car manufacturer is a great opportunity for the Sauber Group to further develop its technology and engineering projects," Sauber Holding AG chairman Pascal Picci said. "We are confident that together we can bring the Alfa Romeo Sauber F1 Team great success, and look forward to a long and successful partnership."Reporting by Alan Baldwin.Related Video: Image Credit: REUTERS/Ueslei Marcelino Motorsports Alfa Romeo Racing Vehicles F1 Sergio Marchionne FCA

Dodge Viper-based 2010 Alfa Romeo TZ3 Stradale Zagato rarity could be yours

It has been a decade since it was launched, but the 2010 Alfa Romeo TZ3 Stradale Zagato is just as bizarre and beautiful as the day it was revealed. It's what you get when you have Italian design house Zagato give a Dodge Viper an Alfa Romeo body. And this one, number six of a total of nine examples, could be yours. It's going to be auctioned in Elkhart, Indiana, by RM Sotheby's along with several other rare vehicles. Now when we described this car as a Zagato take on an Alfa but using a Viper, that's exactly what it is. All the mechanical bits are from the 2010 Dodge Viper ACR, down to the 8.4-liter 600-horsepower V10 and six-speed manual transmission. The body does do an impressive job disguising this, from the signature Zagato double-bubble roof, to the unique, almost shooting brake-style rear roofline and Kamm tail. The Alfa grille in the nose also throws off the scent. But look closer, and Viper elements start showing up. On the outside, the push-down flush door handles remain. Inside, the gauges feature the same fonts and layout as in the Viper, the only change being the TZ3 logo sitting in the middle. Particularly glaring is the audio head unit, which was shared with every other Dodge product on the market since the early 2000s. But the leather appointments throughout do make it nicer. Also amusing is the fact that all the owner's manuals are simply Dodge examples, with no changes to the covers or names. One other bizarre thing, since this is a 2010 car, it was built at the very early start of Fiat and Chrysler joining up. As omens go, this was a pretty solid one. Regardless, it is an extremely striking car that's sure to be exhilarating to drive. And that's not something the previous owner experienced much, because the photos suggest it's only been driven about 200 miles. RM Sotheby's doesn't give an estimated sale price, but it should go for well into six figures, if not more. And it will sell, as it's being offered with no reserve. The auction starts May 1. Related Video: