1986 Alfa Romeo Spider Veloce 115k New Transmission! No Rust! $8500 In Receipts on 2040-cars

Auto blog

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.

These are the fastest-selling new cars of 2024

Automakers finally appear to be back on their feet after a few years of severe instability, but that hasn’t helped all of them in the sales department. iSeeCars recently released its study on the fastest- and slowest-selling new vehicles and found that some companies are moving vehicles off dealersÂ’ lots at more than twice the pace of others. Toyota was the fastest-selling new car brand between October 2023 and March 2024, moving vehicles in an average of 39.6 days. Surprisingly, Alfa Romeo came second, averaging 41.8 days on the market. Last year, we saw a list of the fastest-selling individual nameplates overall, as opposed to this study that's ranked by brand. Fastest-selling new cars of 2024 Toyota: 39.6 days on the market Alfa Romeo: 41.8 Cadillac: 43.4 Honda: 44.2 Jaguar: 44.4 Kia: 47 Hyundai: 47.1 Subaru: 49 BMW: 49.1 Mazda: 53.1 The brands moving inventory the fastest show a strong value and desirability for buyers. iSeeCars executive analyst Karl Brauer noted, “Fast-selling brands like Toyota and Honda represent mainstream consumers seeking maximum value for their new-car dollar. Conversely, high-ranking luxury, low-volume brands like Alfa Romeo, Cadillac, and Jaguar reflect both their limited supply as well as high demand from affluent buyers willing to snap these models up shortly after they arrive on dealer lots.” Of course, there is no light without darkness, and on the other side of the list are a handful of brands struggling to move inventory. Lincoln was the slowest-selling new car company, with an average of 82.6 days to sell. Infiniti was close behind at 79.8 days, and Buick took an average of 79 days to move units. iSeeCars noted that new EVs take much longer to sell than their hybrid counterparts, at an average of 70.6 days on the market in March 2024, compared to just 49.5 for hybrids. Some of the fast-selling new brands also made the used car list. Used Hondas sold the fastest, only sitting on dealersÂ’ lots for an average of 26.1 days. LexusÂ’ used cars sat for 26.3 days, and Toyota moved its used inventory in an average of 27.4 days. By the Numbers Green Alfa Romeo Cadillac Toyota Car Buying

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: