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Alfa Romeo 6C could return in 2020

Keep your salt shaker handy, because you might need a grain or two for this rumor, as scrumptious as it may be. According to German tuner Pogea Racing, Alfa Romeo is planning to revive the 6C nameplate, with a production launch in 2020. The company posted its inside info on its Facebook page, citing "an absolute trustworthy and legit source" who is "very deep into the decisions of the management of Alfa Romeo." According to the post, we can expect to see the Alfa Romeo 6C introduced at one of the major auto shows in 2018 or 2019. If true, the rumor is exciting, but not totally surprising. FCA is growing its investment in the Italian brand, along with its lineup. We've already learned of Alfa's plans for an SUV larger than the Stelvio, which could offer seven seats and a mild hybrid system. The addition to the lineup of what we could assume to be a coupe larger and more expensive than the Alfa Romeo 4C, and meanwhile bringing back a classic nameplate, doesn't seem farfetched. After all, we've heard similar rumors before, with the 6C reportedly planned as a competitor to the Jaguar F-Type. Under the hood, the Giulia Quadrifoglio's 2.9-liter twin-turbo aluminum V6 — good for 505 horsepower and 443 pound-feet of torque — seems like the perfect fit for the 6C. The 6C nameplate has roots in six-cylinder road and racing cars beginning in the 1920s. To see it revived after decades of hibernation would not only be interesting for fans and potential customers, it would be symbolic of the company's continued growth under the FCA umbrella. Related Video:

For his last act, Marchionne will outline an EV/hybrid roadmap this week

MILAN/LONDON — Fiat Chrysler (FCA) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world's seventh-largest carmaker remains in the race in the absence of a merger. The 65-year-old will present FCA's strategy to 2022, his final contribution to the company he turned around and multiplied in value through 14 years of canny dealmaking. After failing to secure a tie-up he said was necessary to manage the costs of producing cleaner vehicles, Marchionne needs to show the group can keep churning out profits on its own, even as emissions rules tighten, SUV competition intensifies and worries around his succession abound. Marchionne had long refused to jump on the electrification bandwagon, saying he would only do so if selling battery-powered cars could be done at a profit. He even urged customers not to buy FCA's Fiat 500e, its only battery-powered model, because he was losing money on each sold. But Tesla's success and the need to comply with tougher emissions rules have forced Marchionne to commit to what he calls "most painful" spending. "FCA is way behind rivals in terms of hybrid and electric vehicles and they need to hit the accelerator to convince investors they can close that gap," said Andrea Pastorelli, a fund manager at 8a+ Investimenti. Germany's Volkswagen, Daimler, BMW and U.S. rivals GM and Ford have committed to spending billions of euros each in coming years to try produce profitable cars powered by cleaner fuels. FCA needs to present a clear roadmap, just like Volvo Cars, which ditched diesel from its best-selling XC60 SUV, launched a new electric brand and pledged to shift all brands to hybrid by 2019, a banking source close to FCA said, noting: "The tech divide determines winners and losers in the industry." Marchionne has already said half of the wider FCA fleet will incorporate some elements of electrification by 2022, while luxury marque Maserati will spearhead FCA's electrification drive by making all new models due after 2019 electric. But its plans remain vaguer and less advanced than most big rivals and some investors wonder about the capital required to make vehicles compliant, and what share of spending can go to electrification given FCA's numerous demands.

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.