Alfa Romeo Spider S4 on 2040-cars

Auto blog

Stellantis says its 2021 performance has been better than expected

MILAN — Stellantis softened up investors ahead of its electrification strategy event on Thursday by flagging that 2021 got off to a better-than-expected start despite a chip shortage that has hit automakers worldwide. Stellantis, which was formed in January from the merger of Italian-American automaker Fiat Chrysler and France's PSA, faces an investor community keen to hear how it plans to come up with a range of electrified vehicles (EVs) to rival Tesla. At its "EV Day 2021" kicking off at 1230 GMT, Stellantis will disclose significant investments in electrification technology and connected software as it aims to be an industry frontrunner, it said in a statement. In April, Chief Executive Carlos Tavares said it would offer low-emission versions — either battery or hybrid electric — of almost all of its European models by 2025, and they should make up 70% of European sales and 35% of U.S. sales by 2030. Stellantis, the world's fourth-biggest automaker, has 14 brands in its stable, including Jeep, Ram, Opel, Fiat, Peugeot and Maserati.   Stellantis EV Day coverage: Dodge will launch the 'world's first electric muscle car' in 2024 Fully electric Ram 1500 will begin production in 2024 Jeep will have 4xe plug-in hybrid models across the lineup by 2025 Stellantis teases mystery electric Chrysler concept Stellantis previews 4 electric platforms: Here's how they'll be used Fiat says all Abarth models to be electric from 2024 Opel Manta E will be the electric revival of the classic German coupe Stellantis says its 2021 performance has been better than expected   At a similar EV strategy event last week, French rival Renault announced that 90% of its main brand models would be all-electric by 2030, whereas previously it had included hybrids in its target. Germany's Volkswagen, the world's second-biggest automaker after Toyota, expects all-electric vehicles to make up 55% of its total sales in Europe by 2030, and more than 70% of sales at its Volkswagen brand. Stellantis said its margins on adjusted operating profits in the first half of 2021 were expected to exceed an annual target of between 5.5% and 7.5%, despite production losses due to a global shortage of semiconductor supplies. Stellantis shares listed in Milan were down 2.6% at 0920 GMT, underperforming the broader European car index. Bestinver analyst Marco Opipari said Thursday's news was positive but that the stock was suffering from profit taking as it had moved up about 20% since the end of April.

Green-on-green Alfa Romeo 8C-based Disco Volante Spyder listed for sale

There is no unwritten rule that states an Alfa Romeo must be red, and there is no secret decree that claims an Italian car can't wear British Racing Green. Proving both of these points with aplomb is this rare 2019 Alfa Romeo 8C-based Disco Volante Spyder, which is finished in green with a green interior and listed for sale in Switzerland. Offered by exotic car dealer Niki Hasler, this Disco Volante Spyder is the fourth of seven examples built by Italian coachbuilder Touring Superleggera. When the model made its debut in 2016, we reported that each of the seven cars would be painted in a different color, and our consumer editor Jeremy Korzeniewski wrote that he hoped one would be painted green like an earlier coupe shown at a Geneva show. His wish has come true. British Racing Green works quite well on the retro-styled lines, which were penned as a modern interpretation of the original Disco Volante built in 1952. The person who ordered this Disco Volante also asked for a matching green interior upholstered in a combination of leather and Alcantara. Touring Superleggera added a plaque between the seats to remind occupants of the car's rarity, but most of the parts that the driver sees and interacts with come straight from the 8C Competizione. It's all Alfa under the hood, too. Touring made no major mechanical modifications to the Disco Volante, so it's powered by a Ferrari-derived, 8C-sourced 4.7-liter V8 engine that delivers 450 horsepower and 354 pound-feet of torque to the rear wheels via a six-speed automated-manual transmission. The 2019 example listed for sale in Switzerland has covered 16,000 kilometers, which represents approximately 10,000 miles, so it hasn't spent its life as a garage queen. It recently received new tires and new brakes, according to the dealer. Unmodified, it's equipped with a useful lift system for the front axle; we can't imagine the front splitter is cheap to replace if it loses a fight with a speed bump. As a bonus, this Disco Volante comes with a matching luggage set. Niki Hasler hasn't published pricing information, so we don't know how many organs you'll need to sell before you can add this Disco to your collection. It won't be a bargain, however. Seven units were built with Alfa's blessing, so it's rare enough to make even the standard 8C, which was limited to 1,000 units globally (split evenly between coupes and convertibles), look common.

Maserati Grecale and Alfa Romeo Tonale delayed

MILAN — Maserati on Monday delayed the launch of its new Grecale SUV until the spring of 2022 from November this year due to a global chip shortage. The announcement by the luxury brand, part of Stellantis, comes as a shortage of semiconductors forces automakers around the world to slow or suspend production. Maserati said its decision stemmed from ongoing disruptions in the supply of parts. "In particular, due to a scarcity of semiconductors, production volumes would not adequately meet expected global demand," Maserati said in a statement. A global premiere for the Grecale, which will be produced in Cassino in central Italy, was initially scheduled for Nov. 16. Stellantis this month also confirmed it would present the Tonale, the new Alfa Romeo SUV, next March after it had been expected at the end of this year. Stellantis, formed this year though the merger of Fiat Chrysler and France's PSA, has halted production at several plants, including in Europe and Canada, due to the chip shortage. It has forecast it will produce 1.4 million fewer vehicles this year. The FIM-CISL union has said the impact of a semiconductor shortage on Stellantis' Italian production this year will be worse and longer-lasting than the damage to output caused by the COVID-19 pandemic in 2020. Related video: