Fiat-Chrysler’s Automobiles’ recently announced five-year strategic plan has its share of winners and losers – the to-be-discontinued 2014 Maserati Alfieri Coupe Concept (Photo: Maserati)…

Alfa Romeo and Maserati plan multiple new models

Fiat-Chrysler's Automobiles' recently announced five-year strategic plan has its share of winners and losers - the to-be-discontinued Dodge Grand Caravan and Avenger being two examples of the latter - but for fans of Italian sports cars it looks like a bonanza.

The bonanza stems from aggressive development plans for the company's Alfa Romeo and Maserati marques. Between them, the two Italian sports car builders have been given the go-ahead to develop something like 14 new vehicles. To get the development rolling at Alfa Romeo, FCA has set aside 5 billion Euros - nearly $7 billion US - to fund a skunk works staffed by 200 of the brightest engineers from throughout the various FCA companies, with that number growing to 600 by next year.

The skunk works has been given significant autonomy and a mission statement to develop up to eight new models worthy of the Alfa Romeo name. Key attributes demanded of the new models include advanced powertrains, perfect 50/50 weight balance, Read Full Story
If you want to really grab attention at an international motor show, the formula is easy: create a stunningly beautiful car. Maserati   understands this, and stole the show in […]

Gorgeous Maserati Alfieri Concept debuts in Geneva

If you want to really grab attention at an international motor show, the formula is easy: create a stunningly beautiful car. Maserati understands this, and stole the show in Geneva with its sensuous 2+2 Alfieri Concept coupe.

More than just a pretty face, the concept is in fact a fully functional prototype that according to Maserati "says much about the design DNA of future Maseratis." Designed by a small team working in Maserati Centro Stile under the lead of Marco Tencone, the concept was named for Alfieri Maserati, the most prominent of the Maserati brothers and founder of "Officine Alfieri Maserati" in Bologna a century ago.

Underpinning the concept is the same naturally aspirated 4.7-litre V8 as in the GranTurismo, hooked up to a six-speed electro-actuated gearbox, although Maserati CEO Harald Wester said that the Italian automaker may consider offering both V6 and V8 engine options if a production version is built. He also said to expect a "super lightweight chassis." Read Full Story
In a move that will create the world’s seventh-largest car company once it’s signed off, Fiat announced that it has purchased Fiat now owns 100 percent of Chrysler. (Photo: Fiat) […]

Fiat now owns 100 percent of Chrysler

In a move that will create the world's seventh-largest car company once it's signed off, Fiat announced that it has purchased the remaining 41 percent of Chrysler shares that it did not already own.

The agreement, worth about $4.3 billion total, comes after a long series of negotiations with Veba, the UAW-affiliated healthcare trust that currently owns the remaining Chrysler shares. The UAW (United Automobile, Aerospace and Agricultural Implement Workers of America) represents 390,000 active workers and 600,000 retired workers in the US, Canada and Puerto Rico, with Veba looking after the benefits of 117,000 retired Chrysler workers and their dependents.

Fiat CEO Sergio Marchionne called the deal "one of those defining moments that will go down in history books" and said he plans to widen the company's global reach. Robert Naftaly, the chair of the committee that governs Veba said, "This agreement is in the best interests of the trust's UAW Chrysler retiree members and Read Full Story