Lotus is getting fat and greedy, Porsche makes more money selling SUVs to housewives than sports car enthusiasts, Aston Martin sells a rebadged Toyota. The world of sports cars is upside down. But there is hope, a small glimmer from the prodigal son of the automotive world: the Alfa Romeo 4C. This September, Alfa Romeo is set to disclose more details on the 4C at this year’s Frankfurt auto show. It may be a revised concept, or maybe, the production model.
This is not just big for car people, but for Alfa Romeo as well. Alfa is putting their hopes for a successful return to the U.S. on the back of a 1,800lb sports car. It also marks a return to Alfa making true sports cars.
The specifics so far point to the 4C as being a lightweight, turbocharged sports car. It will have a carbon fiber tub, RWD, and a turbocharged 4-cyl where it is supposed to be, the back of the car. It will also be priced in the reasonable $50,000-60,000 range. The 4C looks to replace the much loved, but nearly departed, Lotus Elise in the hearts and minds of people that enjoy driving cars, not status symbols. As for more specifics, we will have to wait until Frankfurt.
Will the Alfa Romeo Giulietta make it to the US after it’s global launch in May? At this point there is no word of it’s arrival in the US but the Giulietta being shown in Geneva is garnering rave reviews!
Casting a red glow in the middle of the Geneva auto show, the Alfa Romeo Giulietta marked 100 years of the iconic Italian brand in fitting fashion.
The silky five-door hatch was revealed this week at the show and comes in five versions, topped by 235-hp variant. It goes on sale around the world (but unfortunately not in the United States) in May.
The Giulietta is the spiritual successor to a model bearing the same name from the 1950s. That car is often described as an image-maker for Alfa, and it instilled lust in the hearts of enthusiasts the world over.
Fiat SpA and Chrysler LLC on Tuesday confirmed the Italian auto maker will take at least a 35% stake in Chrysler as part of a deal to share technology and bring small cars developed by Fiat to the U.S.
The move is an attempt to revive two of the world’s storied auto makers and is likely to eventually give Fiat control of Chrysler’s operations, people familiar with the matter said. Under terms of the deal, Fiat has the option of increasing that to as much as 55%, these people said.
Fiat, the stronger of the two car makers, wouldn’t immediately put cash into Chrysler. Instead, it would obtain its stake mainly in exchange for covering the cost of retooling a Chrysler plant to produce one or more Fiat models to be sold in the U.S., these people said. Fiat would also provide engine and transmission technology to help Chrysler introduce new, fuel-efficient small cars.
The deal is the latest maneuver by Fiat’s chief, Sergio Marchionne, who has pulled the Italian company back from the brink collapse since taking over in 2004.
This might be a great combination. We’ll see how it plays out.