Latest news with #Stelvio
Yahoo
a day ago
- Automotive
- Yahoo
3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025
Luxury vehicle buyers are about to witness some incredible deals as high-end SUVs face unprecedented depreciation challenges this summer. Check Out: Try This: According to Lauren Fix, automotive expert at Car Coach Reports, many luxury SUVs will experience massive price drops due to delivery inventory issues, declining demand and elevated insurance rates. Summer 2025 represents an ideal window for purchasing these sophisticated vehicles as dealers become increasingly motivated to clear inventory. The depreciation trends affecting luxury automotive brands stem from shifting consumer preferences, economic pressures and evolving market dynamics. Smart buyers who understand these patterns can capitalize on exceptional opportunities to own premium SUVs at a fraction of original prices. The Alfa Romeo Stelvio faces severe depreciation challenges as this Italian sports SUV struggles to maintain competitive positioning against rivals. According to CarEdge, the Stelvio depreciates approximately 67% after five years, resulting in a resale value of just $18,957. Recent auction results demonstrate the dramatic value decline, with a 2024 Stelvio Veloce selling for $32,500 after originally costing $53,120, per Carscope report. Fix explained that Stellantis ownership has contributed to declining sales alongside concerns about average interior quality and reliability issues. The Stelvio was designed for curvy roads but faces steep competition from established luxury brands offering superior value retention. Consumer awareness regarding high starting prices and questionable long-term reliability continues to impact demand significantly throughout American markets. Be Aware: Jaguar's F-Pace experiences substantial depreciation problems as the British luxury brand struggles with declining consumer interest and weak sales performance. The F-Pace depreciates 57.7% after five years, resulting in a resale value of approximately $24,090 according to iSeeCars. Fix noted that Jaguar's recent commercial campaign for their all-electric vehicles has fallen flat with American consumers. The brand's transition strategy has created confusion among buyers, leading to significant inventory accumulation and aggressive pricing incentives from dealers. Jaguar's historically weak resale values compound current market challenges, making the F-Pace particularly vulnerable to steep price reductions. Dealers are offering substantial deals to move inventory as consumer attention shifts toward more reliable luxury alternatives. The Porsche Macan faces unique depreciation pressures following the brand's controversial decision to electrify their most popular SUV model completely. While the Macan typically depreciates 42.5% after five years — with better value retention than competitors — electric versions are struggling significantly, per iSeeCars. Fix explained that Porsche's transition to all-electric Macan resulted in minimal sales, forcing the reintroduction of gas-powered variants. The Macan handles like a true sports car, but electric vehicle sales have fallen flat among traditional Porsche enthusiasts. EV Macans are accumulating on dealer lots with prices dropping massively as consumer demand remains disappointingly low nationwide. This situation creates exceptional opportunities for buyers interested in electric luxury SUVs at substantially reduced prices. More From GOBankingRates The New Retirement Problem Boomers Are Facing Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To Buy This article originally appeared on 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025
TimesLIVE
a day ago
- Automotive
- TimesLIVE
Alfa Romeo could postpone launch of new Stelvio SUV: sources
Alfa Romeo is set to postpone the launch of the new version of its Stelvio large SUV as it reassesses its strategies amid tepid demand for electric vehicles (EVs), two sources told Reuters on Thursday. The new Stelvio, which is due to be produced in Cassino, central Italy, will not start deliveries before September or October next year, one of the sources said. It was previously set to be unveiled later this year and sold in the first quarter of 2026. Alfa Romeo — part of the Stellantis group which also owns Fiat, Jeep and Peugeot — is developing a hybrid version of the model, which was initially planned to be sold only in EV guise, a second source said. The rescheduled launch could slow, at least in the short-term, a wider plan to revive production and jobs in Italy that Stellantis presented to the Italian government at the end of last year. Stellantis on Wednesday appointed its North American chief Antonio Filosa as its new CEO. Earlier this month, the head of the carmaker's European operations said the company was working on an update of the plan. Though the new Stelvio is based on Stellantis' multi-powertrain 'STLA large' platform, it will take some time for the group to also develop its hybrid version, the second source said. Assessments of powertrain options are not affecting plans for the new version of Alfa Romeo's Giulia sport sedan, whose launch is foreseen for next year, the same source added. A spokesperson for Stellantis said the revision of the group's plan for Italy 'includes an expansion and reshaping of activities in the country in light of current market conditions, uncertainties surrounding EU regulations and the impact of tariffs'. Demand for EVs is struggling to pick up in Europe and many expect the EU could slow the shift towards electrification in the industry. In the US, which accounts for about 15% of Alfa Romeo's volumes, tariffs could affect sales of the brand's European-made cars. Stellantis earlier this year hired consultant McKinsey to advise on the effects of US tariffs on Alfa Romeo and its Maserati luxury brand.
Motor 1
a day ago
- Automotive
- Motor 1
Alfa Romeo Could Delay Its Most Important Car
The typical life cycle of a car is around seven years, yet the Stelvio is nearing its 10 th anniversary. It'll still be some time before Alfa Romeo's original SUV transitions to its second generation. A new report claims that deliveries have been delayed to allow development of a version that wasn't initially planned. Stellantis had originally intended to sell the next-generation Stelvio exclusively as an EV, but has had a change of heart and is now working on a hybrid with a gasoline engine. According to Reuters , which cites two people familiar with the matter, deliveries of the next-gen Stelvio won't begin until September or October next year. The original timeline had Alfa Romeo unveiling the midsize luxury SUV later this year and starting shipments in Q1 2026. When contacted by Motor1 , a company spokesperson issued the following statement: Photo by: Alfa Romeo "Stellantis has announced, through a company spokesperson, that it is working on an update to its plan for Italy. The plan includes an expansion and reshaping of activities in the country, in light of current market conditions, uncertainties surrounding EU regulations, and the impact of tariffs. A constructive dialogue is underway in the appropriate forums." The reference to 'market conditions' suggests that Alfa Romeo initially felt confident about launching the new Stelvio as an EV-only model but reconsidered after realizing that electric vehicles were not gaining traction as quickly as expected. The next generation will move from the Giorgio platform to the STLA Large architecture. While STLA Large is electric-first, it also supports combustion engines. Stellantis has already implemented the STLA Large platform for the new Dodge Charger , which is currently available only with electric powertrains. The Charger Sixpack, featuring a twin-turbo inline-six 'Hurricane' engine, is scheduled for the second half of the year, despite Dodge's initial promise to have the gas-powered version on sale by summer. It's still too early to tell whether a potential delay of the Stelvio will also affect the new Giulia. Alfa Romeo has said its BMW 3 Series rival will enter its second generation in 2026. When it arrives, however, it won't be a traditional sedan . Instead, it's expected to adopt a different body style; likely a five-door, slightly lifted liftback in the vein of the Peugeot 408 . The high-performance Quadrifoglio models are also set to return, complete with combustion engines. Alfa Romeo CEO Santo Ficili confirmed the news to our colleagues from Motor1 Italy and hinted at the possible use of Maserati's 'Nettuno' V-6: 2026 Alfa Romeo Stelvio trademark image 4 Source: Alfa Romeo 'A fantastic engine, there will be an evolution in terms of availability. I think it is an engine that can be developed in any brand, as happens in a strong Group like Stellantis where synergies must be sought, so I do not exclude possibilities of this type.' Earlier this week, Stellantis finally announced a replacement for Carlos Tavares , who departed the company in December 2024. Former Jeep CEO Antonio Filosa will now lead the automotive conglomerate, which comprises no fewer than 14 car brands. One of his first trips as CEO will be to Europe, where Stellantis is grappling with a few underperforming brands like DS Automobiles and Lancia. Alfa Romeo, by contrast, is way up in the region. According to the European Automobile Manufacturers' Association (ACEA), shipments in the EU+EFTA+UK region rose by 36.9% to 23,067 units during the first four months of the year. Still, BMW, thanks to a much more diverse portfolio, sold approximately eleven times as many cars in the same period, totaling 264,009 vehicles. Catch Up With Alfa Romeo: Alfa Romeo Won't Make a Sports Car Unless You Keep Buying SUVs The Next Alfa Romeo Giulia Won't Be a Sedan Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Source: Reuters Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Time of India
2 days ago
- Automotive
- Time of India
Alfa Romeo could postpone launch of new Stelvio SUV, sources say
Alfa Romeo is set to postpone the launch of the new version of its Stelvio large SUV as it reassesses its strategies amid tepid demand for electric vehicles, two sources told Reuters on Thursday. The new Stelvio, which is due to be produced in Cassino, central Italy, will not start deliveries before September or October next year, one of the sources said. It was previously set to be unveiled later this year and sold in the first quarter of 2026. Alfa Romeo - part of the Stellantis group which also owns Fiat, Jeep and Peugeot - is developing a hybrid version of the model, which was initially planned to be sold only in full-electric (EV) guise, a second source said. The rescheduled launch could slow, at least in the short term, a wider plan to revive production and jobs in Italy that Stellantis presented to the Italian government at the end of last year. Stellantis on Wednesday appointed its North American chief Antonio Filosa as its new CEO. Earlier this month, the head of the automaker's European operations said the company was working on an update of the plan. Although the new Stelvio is based on Stellantis' multi-powertrain "STLA large" platform, it will take some time for the group to also develop its hybrid version, the second source said. Assessments of powertrain options are not currently affecting plans for the new version of Alfa Romeo's Giulia sport sedan, whose launch is foreseen for next year, the same source added. A spokesman for Stellantis said the revision of the group's plan for Italy "includes an expansion and reshaping of activities in the country, in light of current market conditions, uncertainties surrounding EU regulations, and the impact of tariffs". Demand for EVs is struggling to pick up in Europe and many expect the European Union could slow the shift towards electrification in the industry. In the U.S., which accounts for around 15% of Alfa Romeo's volumes, tariffs could impact sales of the brand's European-made cars. Stellantis earlier this year hired consultant McKinsey to advise on the effects of U.S. tariffs on Alfa Romeo and its Maserati luxury brand.
Yahoo
2 days ago
- Automotive
- Yahoo
Alfa Romeo could postpone launch of new Stelvio SUV, sources say
MILAN (Reuters) -Alfa Romeo is set to postpone the launch of the new version of its Stelvio large SUV as it reassesses its strategies amid tepid demand for electric vehicles, two sources told Reuters on Thursday. The new Stelvio, which is due to be produced in Cassino, central Italy, will not start deliveries before September or October next year, one of the sources said. It was previously set to be unveiled later this year and sold in the first quarter of 2026. Alfa Romeo - part of the Stellantis group which also owns Fiat, Jeep and Peugeot - is developing a hybrid version of the model, which was initially planned to be sold only in full-electric (EV) guise, a second source said. The rescheduled launch could slow, at least in the short term, a wider plan to revive production and jobs in Italy that Stellantis presented to the Italian government at the end of last year. Stellantis on Wednesday appointed its North American chief Antonio Filosa as its new CEO. Earlier this month, the head of the automaker's European operations said the company was working on an update of the plan. Although the new Stelvio is based on Stellantis' multi-powertrain "STLA large" platform, it will take some time for the group to also develop its hybrid version, the second source said. Assessments of powertrain options are not currently affecting plans for the new version of Alfa Romeo's Giulia sport sedan, whose launch is foreseen for next year, the same source added. A spokesman for Stellantis said the revision of the group's plan for Italy "includes an expansion and reshaping of activities in the country, in light of current market conditions, uncertainties surrounding EU regulations, and the impact of tariffs". Demand for EVs is struggling to pick up in Europe and many expect the European Union could slow the shift towards electrification in the industry. In the U.S., which accounts for around 15% of Alfa Romeo's volumes, tariffs could impact sales of the brand's European-made cars. Stellantis earlier this year hired consultant McKinsey to advise on the effects of U.S. tariffs on Alfa Romeo and its Maserati luxury brand. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
