1967 Alfa Romeo Spider Duetto, The Most Original Car One Can Ever Hope To Find! on 2040-cars

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Stellantis will enter joint venture with Samsung SDI for EV batteries

SEOUL — South Korean battery maker Samsung SDI Co Ltd and global automaker Stellantis NV have agreed to jointly produce electric vehicle (EV) batteries for the North American market, a person familiar with the matter said on Tuesday. Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics, already has EV battery plants in South Korea, China and Hungary, which supply customers such as BMW and Ford. "The two companies (Samsung SDI and Stellantis) have struck a MOU (memorandum of understanding) to produce EV batteries for North America," the person with knowledge of the matter told Reuters. The source spoke of condition of anonymity because of the sensitivity of the matter. The person said the location of the battery joint venture is under review and will be announced later. In July, Reuters reported that Samsung SDI may build a battery plant in the United States, citing a company source. South Korea's Yonhap news agency earlier reported the two companies plan to build a factory in the United States, citing industry sources. Samsung SDI and Stellantis did not have immediate comment when reached by Reuters. Stellantis on Monday struck a preliminary deal with battery maker South Korea's LG Energy Solution (LGES) to produce battery cells and modules for North America. Shares of Samsung SDI were up 2.6% as of 0300 GMT, versus a 0.6% rise in the KOSPI benchmark index. Related video: Green Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall

Alfa Romeo's limited Quadrifoglio Carbon Editions start at $86,470 this fall

Alfa Romeo, which is generally fairly conservative about offering upscale “special” editions of its mainstream cars, is giving its customers in North America an exclusive opportunity to order a limited-edition 2024 Giulia or Stelvio Quadrifoglio Carbon Edition. Limited to 130 units combined (!), the Carbon models are essentially a bit of decoration: on the exterior, thereÂ’s a carbon fiber V scudetto grille, mirror caps, gold calipers and black badging. Interior enhancements include sporty interior design touches, such as exclusive red leather sport seats and carbon fiber interior trim. Paint color options are Vulcano Black, Alfa Red or Rosso Etna. Engine specs are borrowed from the recently updated standard models, featuring a turbocharged 2.9-liter six-cylinder engine with 505 horsepower, routed through an eight-speed automatic transmission and standard adaptive suspension. This suspension technology is designed to read the road and quickly adjust shock valving to deliver greater handling characteristics at speed while maintaining a comfortable ride. The models will begin arriving in Alfa Romeo dealerships this quarter with a manufacturerÂ’s suggested retail price (MSRP) of $86,470 for Giulia sedan and $93,870 for Stelvio SUV, including a destination fee of $1,595. “WeÂ’re excited to offer our North American consumers further customization with the new Alfa Romeo Carbon Edition, which enhances our sporty-Italian style with a unique and head-turning appearance on top of an unrivaled driving experience,” said Larry Dominique, head of Alfa Romeo, North America. “This limited edition elevates the passion of Alfa Romeo with a beautifully crafted design combined with the unsurpassed performance from our legendary Quadrifoglio models.” Related video: 2020 Alfa Romeo #Giulia Quadrifoglio vs. 2013 Dodge #Challenger SRT8 392 #exhaust comparison

2024 Alfa Romeo Giulia and 2024 Stelvio will be $1,800 less expensive

A month after Alfa Romeo revealed the 2024 Giulia and Stelvio for our market, both are less expensive than at launch. All Giulia and Stelvio trims bar the Quadrifoglio have had their MSRPs cut by $1,800. The discount appears to be another move by Stellantis brands here to reposition themselves to achieve the kinds of success that has eluded them so far. Cars Direct picked up on the price cuts in Alfa Romeo order guides. When it asked the automaker what gives, an Alfa Romeo spokesperson replied, "The reduction in pricing is a lifecycle direction for Stelvio and Giulia to enhance market competitiveness." Read: We want to give German Three shoppers more reason to give us a better look. The coming model year of the sedan and SUV isn't on the Alfa Romeo site yet. Cars Direct says the entry-level Giulia Sprint will start at $44,075 after the $1,595 destination fee, the Stelvio Sprint will start at $46,370. The sedan hides a turbocharged 2.0-liter four-cylinder engine up front making 280 horsepower and 306 pound-feet of torque, all of that sent to the rear axle. Zero to 60 miles per hour takes 5.5 seconds, fuel economy comes in at 24 miles per gallon in the city, 33 mpg highway, 27 mpg combined, and Alfa provides a four-year/50,000-mile basic warranty. The BMW 330i is also powered by a turbocharged 2.0-liter four-cylinder, this one making 255 hp and 295 lb-ft. The stoplight dash takes 5.6 seconds, fuel economy is rated at 25 city, 34 highway, and 29 combined. Thanks to pruning the price, the 2024 Giulia starts off $720 less expensive than the 2023 330i that opens the bidding at $44,795 after the $995 destination fee. The problem is that once you start comparing like-for-like, it's not clear where you'll end up. For instance, the Giulia comes on 17-inch wheels, the BMW on 18-inch wheels. According to the configurator for the 2023 Giulia, upgrading to 18-inch wheels costs $1,725. The Giulia comes with black leather seats, the only alternate interior option a set of red leather seats for an additional $2,000. The BMW comes with Sensatec seats, but buyers have five choices in leather seat colors, four with contrasting stitching, each of which adds $1,500. Point being, if you upgraded the Alfa Romeo to 18-inch wheels and upgraded the BMW to leather, the sedans are only $495 apart.