2020 Alfa Romeo Stelvio Sport Suv 4d on 2040-cars

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Share price falls on skepticism of Chrysler-Fiat five-year plan

Following this week's Fiat Chrysler extravaganza, where the Italian-American manufacturer announced its plans for the next five years, the Autoblog staff was cautiously optimistic of the company's future. Investors? Not so much.
Fiat saw its shares tumble 12 percent in Wednesday's trading, falling from 8.67 euros ($12.06 at today's rates) to 7.44 euros ($10.35) as of this writing, with blame partly going to the Italian half of the FCA marriage, which recorded a pretty significant drop in profits during the first quarter of this year.
The plan, which will cost around $77 billion over the next several years, is facing criticism from investors thanks in part to a 1.4-percent drop in Fiat's first-quarter profits, to 622 million euros ($862 million). That figure is also short of Bloomberg analysts' projections, which predicted $1.18 billion in profits before taxes, interest and one-time items.

Alfa Romeo Stelvio goes on sale this summer for $42,990

The wait is nearly over for the most practical Alfa Romeo yet. The mainstream versions of the new Stelvio crossover SUV go on sale this summer, with pricing and availability for the 505-horsepower Quadrifoglio coming later. The entry-level Stelvio will start at $42,990, and the higher-trim Ti will go for $44,990. This pricing, which includes destination charges, is nearly identical to key competitors in the small luxury crossover segment. The Jaguar F-Pace starts at just $70 more with a base price of $43,060. The BMW X3 starts a bit lower than both at $41,045. Each of those entry-level crossovers makes less power than the Stelvio, though. The Jaguar makes 247 horsepower, and the BMW makes 240. The Stelvio's turbo four-cylinder makes 280 horsepower and 306 pound-feet of torque. And unlike the BMW, the Alfa comes with standard all-wheel drive. Along with the standard eight-speed automatic, the Stelvio is capable of getting to 60 mph in an estimated 5.4 seconds on the way to a 144 mph top speed. Aside from the potent four-cylinder, Stelvios come standard with leather seats, keyless entry and starting, rearview camera, 7-inch infotainment display, and 18-inch wheels. Spending the extra $2,000 for the Ti trim level will add 19-inch wheels, real wood trim, an 8.8-inch infotainment screen, and heated seats and steering wheel. Sport packages are available on both the base model and Ti. Each package includes sportier suspension, a different steering wheel, black window trim and roof rails, and aluminum pedals and paddle shifters. On the base Stelvio, the package only costs $1,800 and also adds 19-inch wheels. On the Ti, the package costs $2,500, but includes 20-inch wheels and 12-way power sport seats. The Ti also offers a Lusso package for $2,500 that comes with 19-inch wheels, 12-way power seats with nicer leather upholstery, a leather-wrapped dashboard, and a "luxury" steering wheel. Related Video:

Slow Chinese market delays Maserati and Alfa Romeo models

We already told you that Alfa Romeo was delaying the Giulia sedan and an unnamed CUV, but now things are getting worse. According to Bloomberg, Maserati has delayed the Alfieri sports car. And it's all China's fault. The faltering Chinese domestic market, which is experiencing its slowest period of growth in nearly three decades, is forcing Fiat Chrysler to rethink its plans for its Italian models, Bloomberg reports. Rather than going for models that would likely be popular in China, including the Alfa CUV and a larger sedan, the company will shift its focus and bring out updated MiTo and Giulietta hatchbacks, both of which would play better in Europe, an unnamed source within FCA told Bloomberg. This news is notable because it shows that FCA boss Sergio Marchionne's ambitious product transformation is not progressing as smoothly as planned. In the MiTo's case, the company is willing to go back on its original strategy. The subcompact hatch wasn't supposed to survive beyond 2016, but Bloomberg is reporting an update is due by the middle of next year. As for Maserati, well, there's not much to say. The Alfieri was supposed to go on sale next year, and now it's not. There's no word on how (or even if) Maserati's priorities will shift to another vehicle, or if this is simply a matter of money being distributed away from one of FCA's brands and toward another. Related Video: News Source: BloombergImage Credit: Andy Wong / AP Alfa Romeo Maserati Sergio Marchionne FCA alfa romeo giulia alfa romeo mito alfa romeo giulietta maserati alfieri