Tag Archives: alfa romeo

Stellantis Tanks in First Half of 2024 – Net Profit -48%

Posted on 25 July 2024 by Ken Zino

“The Company’s performance in the first half of 2024 fell short of our expectations, reflecting both a challenging industry context as well as our own operational issues,” said Carlos Tavares, CEO. “We have significant work to do, especially in North America, to maximize our long-term potential.” Seven or more senior executives have left Stellantis so far this year. Continue reading →

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Stellantis Q1 Revenues, Shipments Drop – Transition or Trend?

Posted on 30 April 2024 by Ken Zino

Stellantis reiterated a minimum commitment of double-digit Adjusted operating income (AOI) margin in 2024, as well as positive Industrial free cash flow, despite macroeconomic uncertainties. Stellantis claimed that it is on track to deliver total capital returns in 2024 more than €7.7 billion, for an 11% yield as a percentage of Stellantis market capitalization on 1 January 2024. It is likely that its value will go down in the short term. The company, in AutoInformed’s view is in a transition that requires the balancing of market share, product cost, revenue and development of new offerings. It is not alone among automakers. Continue reading →

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Stellantis Implements First Employee Share Purchase Plan

Posted on 21 December 2023 by Ken Zino

“The success of this step of Shares to Win in Italy and France demonstrates our employees’ confidence in the sustainable future of our Company supported by the execution of our Dare Forward 2030 strategic plan, which maps out the path to achieving carbon net zero by 2038 and creating value for all our stakeholders,” claimed Xavier Chéreau, Chief HR & Transformation Officer. Continue reading →

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Stellantis and Its European Dealers Sign New Contracts

Posted on 31 August 2023 by Ken Zino

Stellantis (NYSE: STLA) said today in Amsterdam that it had completed the signing of new contracts with its European Dealer Network. With these new sweeping agreements it aspires to be first in customer satisfaction in all markets, products and services. … Continue reading →

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Stellantis Posts Record Revenue and Profits for 2023 Half 1

Posted on 26 July 2023 by Ken Zino

Stellantis (NYSE: STLA) today posted strong growth while setting new records in net revenues, operating income and net profit for the first half of 2023 while continuing its transformation to electrified and software-defined vehicles for its 14 brands. Stellantis currently has 25 BEVs available today and another 23 launching through 2024. Continue reading →

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Limited Edition of 500 Giulia GTA Sedans Appear in June

Posted on 2 March 2020 by Ken Zino

Perhaps more significant is the Giulia GTAm, a100% “street legal” version of the GTA, with two racing seats, roll bar and 6-point safety belts. On GTAm, the aerodynamic front piece has been optimized to an “extreme level, by adding a larger front splitter and a real carbon rear wing, which ensure a perfectly balanced load at high speeds.” Continue reading →

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Sergio Marchionne Dead at 66

Posted on 25 July 2018 by Ken Zino

An intense, yet approachable CEO, smitten with black sweaters and Apple products, Marchionne was capable of referring to business theories – some of them wryly his own about, say, the collective madness of the industry over autonomous and electric cars during auto show executive braggadocio, with references to linguistic philosophy, current politics and history during a single press conference. Continue reading →

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Gravely Ill Sergio Marchionne out at Fiat Chrysler Automobiles. Trucker Mike Manley now CEO

Posted on 23 July 2018 by Ken Zino

“In the meantime, to provide for his full authority and operational continuity for the company, the Board has with immediate effect granted Mr. Manley all the powers of CEO. He will also assume responsibility for the NAFTA region. Continue reading →

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Nero Edizione Package for Giulia and Stelvio SUV

Posted on 3 April 2018 by Ken Zino

Is it not enough that all Giulia and Stelvio models have not only a broad racing and performance heritage but take the Germans on – once again- with best-in-class horsepower, 0 to 60 mph acceleration times, top speed, power-to-weight ratio, and close to 50/50 weight distribution in addition to their instantly recognizable Italian styling. Continue reading →

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Alfa Romeo Returns to Formula 1 in 2018 via Sauber

Posted on 1 December 2017 by Ken Zino

The single-seat race cars will carry the colors and logo of Alfa Romeo with Alfa Romeo Sauber F1 Team the team’s Title Sponsor, and will be equipped – no surprise – with 2018 Ferrari power units, not Ram diesels. Continue reading →

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New Alfa Romeo Engines Coming

Posted on 16 April 2015 by Ken Zino

FCA (Fiat Chrysler) will invest more than $540 million to produce two new engines for its Alfa Romeo as part its latest attempt to revive the once proud Italian brand. Continue reading →

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Milestones – 90 Years of the Alfa Romeo Quadrifoglio Verde

Posted on 17 June 2013 by Ken Zino

In the Anglo Saxon world, a green four-leaf clover should call up images of Irish luck, but by a fourfold twist of European fate, this legendary symbol is identified with some of Alfa Romeo’s sportiest Italian models going back to 1923. Continue reading →

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Fiat Recalls Maserati, Alfa Romeo Cars for Suspension Failures

Posted on 20 May 2013 by Ken Zino

The lack of a zinc coating on rear suspension parts is prompting the recall of 2005 to 2008 Maserati Quattroporte, 2008 Granturismo and 2008 Alfa Romeo 8C cars. More than 7,400 Italian built vehicles are involved because the rear tie rods can corrode and ultimately fail, resulting in the loss of vehicle control, thereby increasing the risk of a crash. Continue reading →

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Jeep Cherokee Returns as 2014 Model. New York Auto Show Debut

Posted on 25 February 2013 by Ken Zino

Cherokee is inches wider and longer than its Italian donor platform and as you can see uses the traditional Jeep styling features such as a box-like body and the famous vertical slotted grille that goes back to Bill Mauldin’s Willie and Joe cartoons that won Pulitzer prizes during WW2. Continue reading →

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Rotary Engine Le Mans Winner Mazda 787B Selected as ‘Legend’

Posted on 9 February 2013 by Ken Zino

For the 1990s, the voting- using French sponsorship and nationalist math – was a “dead-heat” between the Mazda 787B and the Peugeot 905 – so 11 cars were given ‘legend’ status. Continue reading →

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