Red Calipers Carbon Fiber Aero Package Contrast Stitching on 2040-cars

Auto blog

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.

Alfa Romeo 8C, Maserati Quattroporte and Granturismo models recalled over rust fears

The National Highway Traffic Safety Administration has announced Maserati and Alfa Romeo are recalling certain Quattroporte, Granturismo and 8C models over potentially faulty tie rod ends. According to NHTSA, 2005-2008 Quattroporte, 2008 Granturismo and 2008 8C units may have been assembled with tie rod ends that have insufficient corrosion protection. As such, the components may rust, weaken and potentially fail. If that happens, the driver could lose control of the vehicle and cause an accident.
Maserati and Alfa Romeo will contact owners and replace the tie rod end assemblies once the recall gets underway in June. All told, 7,438 vehicles are impacted by the recall. You can read the full NHTSA notice below for more information.

Maserati to celebrate 100th anniversary at Monterey Motorsports Reunion

The Pebble Beach weekend is without a doubt one of the preeminent classic car gatherings on the calendar. But while most of the events that make up the weekend are essentially static displays, our favorite may be the Monterey Motorsports Reunion at Mazda Raceway Laguna Seca. That's where you can actually see classic racing cars doing what they were made for in the first place. And every year, organizers of the event select a featured marque.
Last year it was the Chevrolet Corvette. The year before it was Shelby, preceded by Jaguar the year before that. But next year, the classic racing event will feature Maserati, which will be celebrating its 100th anniversary. And to make the occasion extra special for the Modenese marque, next year also marks the 60th anniversary of the most celebrated racing cars ever made by Maserati (or any other constructor, for that matter): the Maserati 250F (No. 4 above) famously piloted by the likes of Fangio and Moss in 1954.
Fittingly, the Trident marque got its start in racing back in 1914 with the debut of the Tipo 26 that put Maserati on the map with a debut victory in the 1926 Targa Florio. Although you don't much see it competing at top levels these days, Maserati went on to win the Indianapolis 500, the Formula One World Championship and, more recently, the FIA GT1 World Championship.