1985 Alfa Romeo Spider Veloce 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 wants your vote on designs for a 4C 'Designer's Cut' anniversary model

In 2018, the heritage division at Fiat Chrysler America launched a project called "Reloaded by Creators." It started with FCA Heritage restoring and selling a number of precious and vintage Italian models like the Alfa Spider IV and Lancia Fulvia brought back to new condition by the in-house brands. When Stellantis took over FCA, Stellantis' Heritage Department took over the initiative and expanded the project with one-offs like the Abarth Classiche 1000 SP tribute built on the Alfa Romeo 4C Spider. The classics heads are at it again with this, the 4C Designer's Cut project. Planned as a 10th anniversary celebration of the Alfa Romeo 4C coupe, the Designer's Cut will create a one-off tribute to some aspect of Alfa Romeo history that will also "pay tribute to authentic Italian style and driving pleasure embodied by the original 4C." Alessandro Maccolini, who designed the 4C and remains part of the Alfa Romeo Style Center as a design manager, is heading the effort.  He's come up with three aesthetic proposals so far. The first is the 4C Tributo, a crimson red take that takes straight aim at one of the peaks in the vintage Alfa Romeo catalog, the Tipo 33 Stradale.  The second is the 4C Corsa, a race-inspired version in matte gray "to accentuate the muscular shape and performance-oriented technical features," on black wheels.   Finally, the 4C Leggenda. Done up in light blue over white wheels, the sporty inspiration is the 1750 GT Veloce, the historic inspiration is colors that echo hues in Milan's crest of Biscione, a feature in Alfa Romeo’s logo.  The automaker wants feedback from enthusiasts about which one to choose and which direction to take. It's not clear yet if Alfa Romeo plans changes to the powertrain. The Abarth Classiche 1000 SP tribute didn't alter the mechanicals, sticking with the 4C's 1,742-cc turbocharged four-cylinder making 240 horsepower and 258 pound-feet of torque. It is clear that Alfa plans to sell this one-off, highlighting its desirability to "passionate collectors." The curious are encouraged to e-mail Stellantis Heritage now. The Abarth 1000 SP is still available to purchase, as are a 1958 Abarth 500 tribute that's based on a 1970 Fiat 500. Have your money ready.

Alfa Romeo Giulia SWB Zagato revealed as a glorious green one-off coupe

Christmas came a few days early for one lucky enthusiast in Germany. Italian design house Zagato unveiled a one-off, carbon fiber-bodied coupe called Alfa Romeo Giulia SWB Zagato that features a twin-turbocharged V6 and that was commissioned by a German collector. Zagato explained that it launched the project to celebrate 100 years of collaborating with Alfa Romeo, the current-generation Giulia and the V6 engine. It started by shortening the Giorgio platform that the Giulia and Stelvio are both built on. It then drew a head-turning coupe that borrows a handful of styling cues from several past and present Alfa models. The front end is dominated by air intakes (including one shaped like the Alfa grille) and it features a pair of Tonale-like LED headlights. The coupe's profile is characterized by a long hood, a short rear end and a carbon fiber double-bubble roof panel left unpainted, while the back end gets a thin, curved light bar and a massive air diffuser. While several cars inspired designers, including the 1989 SZ that Zagato helped design, the Giulia SWB isn't full-on retro or old-school in any way. It features carbon fiber body panels and it's powered by an evolution of the 2.9-liter, twin-turbocharged V6 engine fitted to the Giulia Quadrifoglio that's been updated to GTAm specifications. Technical specifications weren't released, but the GTAm's six is tuned to develop 540 horsepower and 442 pound-feet of torque. Starting with the Quadrifoglio's engine gave Zagato a big advantage: the V6 spins the rear wheels via a six-speed manual transmission. The limited-edition GTAm is exclusively offered with an eight-speed automatic transmission. From the driver's perspective, the cabin is mostly standard Giulia fare; you'll find the same steering wheel, touchscreen, air vents and climate control interface in the same locations as in the Giulia. Green accents and several model-specific carbon fiber trim pieces help the SWB stand out from the sedan it's based on, and a major difference between the two cars is that the coupe is fitted with only two seats.  Zagato delivered the Giulia SWB to its new owner after shooting the photos you see in our gallery on the La Pista race track located near Alfa Romeo's hometown of Milan, Italy. There's no word on who owns it yet; all we know is that the coupe will join what sounds like a massive collection of high-end cars that includes an 8C Competizione, a 1990 SZ, plus a handful of Zagato-bodied Aston Martin models.