Showing posts with label alfa romeo. Show all posts
Showing posts with label alfa romeo. Show all posts

Tuesday, 7 December 2010

Fiat Takes TV Show to Court for Defamatory Statements on Alfa Romeo MiTo


The Fiat Group has decided to take legal actions against the producers of the AnnoZero television show, which is hosted on the Italian state owned public service broadcaster, RAI, for statements made on an episode that aired on December 2.

The company alleges that the show's hosts made comments that were "highly defamatory and damaging to the image and reputation of the company, its products and its employees and based on a fabricated comparison."

Always according to the Turin-based automaker, the broadcasters referred to an article from Italian car magazine Quattroruote, which compared the Alfa Romeo MiTo QV with the Citroën DS3 THP and Mini Cooper S, to state that the MiTo was "technically inferior".

Fiat claims that not only was the magazine's overall evaluation in favor of the Alfa Romeo, but the producers mislead viewers by connecting their assumptions to an earlier test with different vehicles - or so we understood from the slightly confusing press release, which you can read for yourselves below.

Since we haven't seen the TV show, we can't take sides or form an opinion on the matter, but something tells us that Fiat would have accomplished much more if it had issued a simple statement leaving the lawyers out of this.


FIAT PRESS RELEASE:


Fiat to seek damages from the producers of AnnoZero

Fiat Group Automobiles announces that it has instructed its lawyers to initiate legal action against the producers of the television show AnnoZero for statements made on air on December 2nd that were highly defamatory and damaging to the image and reputation of the company, its products and its employees and based on a fabricated comparison.

In particular, Fiat Group Automobiles takes issue with the manner in which AnnoZero portrayed the performance of three cars, one of which was an Alfa Romeo MiTo, claiming that the "test", apparently conducted in the Autumn, demonstrated the overall technical inferiority of the Alfa Romeo MiTo, on the basis of speed alone.

The broadcast sought to give the appearance that it was connected to a test actually conducted in the Spring, using different vehicles, by the monthly publication Quattroruote – the results of which were published in the magazine’s June issue.

Incredibly, what the broadcast did not state is that Quattroruote's overall evaluation of the Alfa Romeo MiTo (1,368 cc Quadrifoglio version) – based on a comparison of technical performance, safety and comfort – was higher than for both the Citroën DS3 THP (1,598 cc) and the Mini Cooper S (1,598 cc).

Fiat therefore intends, motivated also by its desire to protect the thousands of employees that contribute daily to producing safe, technologically-advanced products, to seek damages (to be donated entirely to charity) as a defense against conduct which is both unwarranted and prejudicial to the truth.

Turin, 7 December 2010

Wednesday, 1 December 2010

Marangoni's Green-Footed Alfa Romeo Giulietta G430 iMove with 286HP


Italian tire manufacturer Marangoni has teamed up with tuning firm TRC Italia to create a demo version of the Alfa Romeo Giulietta 1750 Quadrifoglio Verde () and showcase a new series of eco-friendly tires which will soon enter the market.

Dubbed the Giulietta G430 iMove, the demo car is fitted with special tires sized 235/35 R19 tires boasting a fluorescent, green pigment, which glows in the dark. The compound is rich in silica content and other materials, minimizing rolling resistance and, thus, improving fuel consumption. The car rides on 19-inch Barracuda Karizzma wheels, painted in a contrasting black tone.

Like Marangoni's previous demo car, the Alfa Romeo MiTo M430, the G430’s exterior makeover was also inspired by the Ferrari F430. The front bumper has two enormous F430-like air intakes channeling airflow to the brakes, while at the rear we can find a carbon fiber diffuser. Lowered side skirts and a discrete roof spoiler complete the aero kit.

Under the bonnet, a new bearing-mounted turbocharger boosts the four-cylinder unit's output to 286 hp, an increase of 51hp over the standard model.

Engineers also lowered the car by 4 cm (1.6 inches) and fitted KW threaded strut housings that allow multiple height adjustments and shock absorber calibration. The standard brakes were ditched in favor of 330 mm 10-pot Tarox B360 composite disks.

Inside, golf apparel provider Conte of Florence used a combination of leather, Alcantara and carbon fiber, with the seats and door panels trimmed in a quilted theme that evokes Scotland’s golfing tradition. The only problem is that the G430 doesn’t seem like your ideal golfer’s car and there’s not much space left in the boot because of the Segway. But, hey, I guess times are changing and the two-wheel EV could make your life much more easier on the golf course.

TRC Italia said it will offer all components designed for the Giulietta G430 iMove, starting from next year.

The Giulietta G430 iMove will be officially unveiled at Bologna Motor Show in Italy this week.

By Csaba daradics


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Alfa Romeo Sale to VW Rumors Surface Again


Back in April, the Fiat Group announced yet another round of plans
to revive its money-losing Alfa Romeo brand, which included the development of new models and a re-launch in the U.S market. At that time, this seemed possible as the Italian maker intended to make good use of Chrysler and its RWD platforms to expand the model range.

However, at the end of August, Alfa Romeo was rumored to be hemorrhaging about €200 million (US $261 million) annually. The brand-hungry Germans over at Volkswagen felt Fiat's need and offered to take over the historic Milanese company. After much unrest, in October, Fiat CEO Sergio Marchionne put an end to the rumors and reiterated his turnaround strategy, while Alfa estimated losses climbed to €306 million or about $400 million.

Now, Automotive News [AN] claims that in the past months the two companies have been discussing the sale of Alfa Romeo, but Marchionne is still undecided. So, what will happen next?

Inside sources told AN that the decision is not only about money, even though Fiat could use the cash and Volkswagen has plenty of it (http://carscoop.blogspot.com/2010/11/vw-group-to-invest-516-billion-in-its.html). But this is a classic case of the door swinging both ways. If Fiat can survive the next couple of years, which will be the most difficult period of the turnaround plan and keep Alfa Romeo, then it could count on the premium brand to spearhead its next move.

The other scenario sees Fiat earning some quick cash, but still struggling in two year’s time, so, yes, the pressure is really on Mr. Marchionne’s shoulders.

My take on the matter is that Alfa should not be sold. Fiat has the opportunity to use platforms sourced from Chrysler, so rear-wheel drive Alfa’s could make a much anticipated come-back. Not taking this step doesn’t make sense.

Furthermore, if the Volkswagen Group acquires Alfa, it will have a tough time fitting the Italian company in a portfolio that includes brands like VW, Audi and Seat. In any case, only time will tell. In the meantime, take a look at the list below, in which Automotive News reasons the benefits of keeping or selling Alfa Romeo.

By selling Alfa, Fiat could:

• Cash in between 1.5 billion to 2 billion euros. Then the post-spinoff Fiat Auto would be virtually debt-free;

• Slash product development expenditures of at least 1.5 billion euros, since Fiat no longer would have to launch five new Alfas from 2012 through 2014;

• Boost profits in 2011 and 2012, since the company would be rid of Alfa's annual losses projected at about 200 million euros;

• Reintroduce Dodge as a sporty brand in Europe, positioned above the mainstream Fiat brand. A sporty Dodge would not overlap Lancia-Chrysler, which will focus on comfort.

And here are six good reasons why Marchionne should keep Alfa Romeo:

• If Fiat can fight through the next three years, it will emerge in 2014 with fatter profit margins and a nearly debt-free balance sheet, according to Mediobanca Securities;

• Fiat can raise as much as 2 billion euros by selling Magneti Marelli, Comau and Teksid, which produce auto parts, production tooling and engine blocks. Then Fiat wouldn't have to sell Alfa, and it could focus more closely on the auto industry. Investors would like that;

• A relaunched Alfa eventually could command profit margins of 10 percent or so. That would help Fiat to generate the 3.5 billion euro annual operating profit that Marchionne has promised by 2014;

• Fiat will save money by letting Alfa Romeo and Chrysler share platforms. Moreover, Alfa could generate sales of 500,000 units a year, helping Fiat and Chrysler to achieve economies of scale. Roughly 300,000 of the 500,000 units of Alfa planned by 2014 will be based on architectures shared with Chrysler;

• Since Alfa Romeo will share its compact wide global architecture with Jeep, Fiat could produce those vehicles together in crucial growth markets such as China and Russia;

• Without Alfa Romeo, Fiat would be hard-pressed to make reasonable volumes and decent profits with mid-sized and large cars. Aside from Ferrari's handful of supercars, Fiat would be forced to eke out a profit from low-margin segments such as minicars and compact cars.


By Csaba Daradics

Source: Automotive News


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Monday, 29 November 2010

Fiat's Split Into Two Groups Results in New Logos


In about a month's time, on the 1st of January 2011, Italy's Fiat will have completed the separation of its truck and tractor business from its car making operations. The split will result in the creation of two separate groups; Fiat SpA with a clear focus in the automobile sector, and Fiat Industrial SpA incorporating the firm's truck, commercial vehicles, agricultural and construction equipment, and related powertrain divisions.

In a brief announcement today, the Italian giant published the logos of the two newly formed groups. Fiat SpA, which will include the Fiat, Alfa Romeo and Lancia brands as well as the firm's 20% minority stake in the Chrysler Group LLC, will be identified by a logo displaying the word Fiat in tall, condensed blue lettering on a white background.

In contrast to the Fiat SpA logo, the Fiat Industrial SpA group, which will incorporate Iveco trucks and Fiat Powertrain Industrial and Marine as well as CNH Global NV (CNH), a subsidiary of Fiat Netherlands Holding N.V., gets a logo with burnt gold lettering on a blue background.

The new logos, designed by Robilant Associati, replace the Fiat Group logo adopted by the company in October 2005.

Following the demerger of the two groups, Fiat SpA and Fiat Industrial SpA will be listed separately on the Milan Stock Exchange with each company operating with their own management teams and boards of directors.




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