Andrea Malan

The appointment underlines the importance Ferrari places on exploiting its brand in its strategy to diversify beyond cars.

Alfa's overall benchmark has been BMW since the creation of Stellantis last year from the merger of Fiat Chrysler Automobiles and PSA Group. However, when it comes to quality, the Italian brand's boss picked another rival to emulate.

CEO Benedetto Vigna said the V-12 was the right option for the market because of the performance and driving experience it could provide.

296 GTS features automatic targa top that takes 14 seconds to deploy at speeds up to 28 mph.

A small Italian die cast specialist is showing EV makers how to slash their factory costs.

The Purosangue will be unveiled by the end of this year with deliveries expected to begin in 2023. Earlier spy shots hint at the vehicle being more of a crossover than a traditional SUV.

The Grecale will arrive in European dealerships in the third quarter and will be available with a regular gasoline engine and two mild-hybrid versions. A full-electric version will launch in 2023.

Ferrari did not say why it had halted sales for the two popular models, but an executive said production would continue. Last month, Ferrari said it had enough orders on its books to cover production well into 2023.

The full-electric Grecale will use Alfa Romeo's Giorgio platform, which will be heavily re-engineered by Maserati.

The Tonale is the Stellantis brand's first new model since 2016. It will be available with a 48-volt hybrid powertrain and eventually with a plug-in hybrid. 

New CEO Benedetto Vigna has hired allies from his former employer, STMicroelectronics, and promoted internal candidates to new roles.

Automakers are crying for more microchips and chipmakers are addressing the problem. But can it happen quickly enough to solve the problem in 2022?

The automaker said it will promote internal staff and appoint new hires to help implement a new organizational structure.

Ferrari's CFO said the new model, which will follow the $1.85 million Monza SP1 and SP2, was moved up a few months in response to strong customer demand.

The rear-drive, two-seat 296 GTB is Ferrari's second plug-in hybrid and has an all-new V-6 engine.