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Sunday, April 17, 2011

Steve Truglia Loops the Fiat 500 at AutoRAI [with Video]

10:58 AM sport sedan No comments

At this week's AutoRAI show in the Netherlands, sponsor Shell partnered with stuntman Steve Truglia to put on a very Hot Wheels performance. Truglia drove a Fiat 500 through a 22-piece loop that stands 11 meters tall and made it look easy. See for yourself in the video after the jump.

According to the Dutch press release, the 500 was gutted and modified with a roll cage, new fuel tank, and an integrated limiter to ensure the right speed. Check out the stunt and interviews in the video below.

Fiat Crafts Furniture Pieces Inspired by the Original 500

11:54 AM sport sedan No comments

At this week’s 50th Furniture Fair in Milan, Italy, Fiat previewed the “Fiat 500 Design Collection”, an initiative by the firm’s marketing boss Lapo Elkann and furniture maker Meritalia. The collection is a tribute to the original Fiat 500 and includes a sofa, a table and a console, all inspired by the 1970's Fiat 500. Each of the three pieces sports a plate that says: “Lapo and Meritalia pay tribute to the Fiat 500”. Read more »

After Tsunami, American Automakers Looking for Home Turf Sales Boost

5:05 PM sport sedan No comments

According to CNN’s Fortune and simple, cold-hearted business logic, now is the prime time for American manufacturers to take advantage of recent catastrophic events and pounce on their home market's consumers. A lack of Japanese parts (or entire vehicles), in conjunction with a strong yen and ever-improving American small cars, has given Ford, GM, and Chrysler a potential sales pick-me-up as we stroll into the summer months.

Two of the three factors which will help American manufacturers' sales stem directly from the tsunami in Japan a month ago: factory shutdowns have limited parts/vehicle availability, while the yen gained value as the Japanese are expected to repurchase some currency for disaster mitigation.

Fiat Announces U.S.-Spec Version of 500 Cabrio

9:59 AM sport sedan No comments

After releasing the three-door hatchback variant of the 500 in the U.S., Fiat announced today a new addition to the range of its 1950s style model, the 500C, where ‘C’ stands for Cabrio. However, most will quickly notice that the 500C isn’t really a full-fledged convertible model as the Italian company opted to revive the rollback canvas roof from the original Cinquecento (500). Read more »

Fiat SpA Could Raise Chrysler Ownership to 46 Percent as Early as June

8:03 AM sport sedan No comments

Only two days ago, Fiat SpA announced that it had obtained an additional 5 percent of Chrysler increasing its stake to 30 percent. Now it seems that the Italian group's plans are to raise Chrysler ownership to 46 percent by June of this year, according to an Automotive News report. The news site quotes two unnamed insiders with direct knowledge of the matter who talked about Fiat CEO Sergio Marchionne's plans.

Fiat SpA Boosts Chrysler LLC Stake to 30 Percent

10:34 AM sport sedan No comments

Fiat’s merger with the Chrysler Group seems to be going well as the Italian company increased its overall stake in the Detroit automaker from 25 to 30 percent on Tuesday.

“The increase is the result of the Company’s achievement of the second of three performance-related milestones outlined in a recent amendment to its June 10 2009 Operating Agreement, which broadens the Chrysler Group-Fiat partnership and enhances Chrysler Group’s international market position,” Chrysler said in a press statement.

Chrysler Group to Unveil New Production Model and a Race-Inspired Study at New York Auto Show

8:10 AM sport sedan No comments

We’re used to the Chrysler Group unveiling new or heavily refreshed models lately, and it looks like the company will keep the product momentum going at next week’s New York International Auto Show. According to a brief statement from the Detroit automaker, the company is planning the premiere of an unnamed production model and what is being described as a “race-inspired project vehicle” at the Big Apple. Chrysler is being quite secretive about the debuts as the company did not give out any other details. Read more »

Abarth 500 Turned into a 230HP Mid-Engined RWD Track Toy

5:25 PM sport sedan No comments

Italian aftermarket specialist Aznom has teamed up with Lucarelli-Monza to transform the Abarth 500 into a mid-engined track beast. Named Motore Centrale R230, the car will be unveiled at the upcoming Top Marques Monaco show (April 14-17), alongside the Spada Codatronca, another project on which Aznom has worked.

Fiat Freemont Order Books Open, Prices Start from €25.700 in Italy

12:06 PM sport sedan No comments

Fiat’s rebadged Dodge Journey, the European market Fiat Freemont, can be ordered in Italy starting today. Available in two trim levels, Freemont and Urban, the crossover will retail from €25,700 ($37,000) for the base equipment package, with the Urban version to cost €27,200 ($39,170). Read more »

Report: Fiat to Raise Chrysler Stake to 30 Percent within the Next Few Weeks

3:04 PM sport sedan No comments

Fiat SpA is planning to increase its Chrysler LLC Group stake to 30 percent in the next few weeks, according to insider sources quoted by Bloomberg news. The Italian company, which currently holds a 25 percent stake in Chrysler, will get an additional 5 percent from the U.S. government after it will meet two performance criteria.

The first condition is that 90 percent of Fiat's Latin American dealers must offer Chrysler vehicles as well. To satisfy this request, Fiat CEO Sergio Marchionne plans to sell Chrysler models rebadged as Fiats in Brazil, Latin America's largest market, where the Italian brand holds the number one spot.

Fiat to Introduce Two New Dodge-Based Sedans in China and Russia by 2013

10:14 AM sport sedan No comments

As time goes by, Fiat SpA’s integration with the Chrysler Group LLC deepens and the results become more evident with the two carmakers making several plans for the future. Speaking at Fiat's annual shareholders meeting on March 30, Fiat and Chrysler CEO Sergio Marchionne revealed plans to launch two new Dodge-based sedans in China and Russia.

The first sedan will be a compact model built on the next generation Dodge Caliber, which is expected in the USA next January. According to an Autonews report, this model will enter production in China in the second half of 2011, while timing for the Russian launch has not yet been disclosed. The other four-door saloon will be a mid-size model based on the replacement for the Dodge Avenger, which is scheduled for launch in the USA in 2013. It will go on sale in China and Russia the same year.

Meet the Mefistofele, Fiat's 21.7-liter Record-Breaking Car from Hell

8:06 AM sport sedan No comments

The story of the Mefistofele started in 1908, when Fiat introduced the SB4 chain-driven Grand Prix racer. After seeing it race, Sir Ernest Eldridge from Britain bought the car with the aim of turning it into speed record breaker.

However, there was one problem: the original car's 18.0-liter engine was considered rather small by Eldridge, who decided to replace it with a massive airplane powerplant (you can read a similar story here). He opted for a liquid-cooled Fiat-built 21.7-liter inline six-cylinder unit (type A-12 Bis) that developed 320 horsepower at 1,800 rpm after various upgrades such as the fitting of four valves and four spark plugs on each cylinder.

The story goes that in order to accommodate the long and heavy engine, Eldridge lengthened the SB4's chassis using parts from a London bus. The car was chain-driven and had brakes only at the rear, which made it a handful for even the most experienced of drivers. Interestingly, experts fail to understand even today the mechanism that allowed the car to reverse, since there is no trace of it left.

Fiat to Replace Slow-selling Bravo with a Small Crossover in 2013

1:44 PM sport sedan No comments

Following in the footsteps of Nissan and its Qashqai small crossover that proved to be a success for the Japanese automaker, Fiat has decided that the Bravo's replacement won't be a conventional hatchback as initially planned, but a high-riding C-segment hatch.

The decision was made at the end of last month and the new car will launch in 2013, according to inside sources quoted by Autonews Europe. The Fiat Bravo didn't make it in the list of Europe's 10 best sold compact cars in 2010, whereas the Nissan Qashqai placed fifth, with 216,091 units. In comparison, Fiat sold 44,850 Bravos, while the segment leader, Volkswagen's Golf, enjoyed sales of 501,671 units.

Toyota, PSA and BMW Closest to Achieving EU’s New CO2 Targets

2:49 PM sport sedan No comments

Toyota, PSA/Peugeot-Citroen and BMW are the carmakers closest to reaching their CO2 targets next year, according to a report by market research firm JATO Dynamics. The targets are imposed by the European Union, whose objective for 2015 is to enforce a fleet average CO2 level of 130 g/km for manufacturers selling cars in Europe.

In order to reach that objective, CO2 targets are lowered progressively each year. In 2009 the average was 145.9 g/km and in 2010 it went down to 140.9 g/km. Emissions regulations will be imposed starting next year, with significant fines to be enforced to automakers that will not comply with the new emissions limits.

Report: Fiat to Begin Assembly of New 2012 Panda Mini in November

12:04 PM sport sedan No comments

The first examples of the successor to Fiat’s current generation Panda city car will roll off the production line in Italy this November, according to a top Fiat executive. The third generation of the Panda is scheduled to make its world premiere at the Frankfurt Motor Show in mid-September.

"We are on track in refurbishing Pomigliano, which will become a truly state-of-the-art plant when it begins production in November," Fiat Group chief manufacturing officer Stefan Ketter told Autonews Europe.

Last year, Fiat Group CEO Sergio Marchionne announced that the updated Pomigliano d'Arco plant in central Italy would manufacturer the new Panda as part of the firm’s “Fabbrica Italia” (Italian factory) plan to increase vehicle productivity in Italy from around 650,000 units in 2010 to approximately 1.4 million cars in 2014.

Fiat Still Keen on Moving Headquarters from Italy to the USA, or so it Claims

12:54 PM sport sedan No comments

In February, at an industry conference, Fiat SpA and Chrysler LLC Chief Executive Officer Sergio Marchionne suggested that that the Italian automaker could eventually merge with its Detroit counterpart and move its corporate headquarters from Turin, Italy to the U.S.A.

Soon after, Fiat’s Chairman John Elkann, the grandson of Gianni Agnelli family who owns 30 percent of Fiat, stated the company had no plans to leave Italy. Marchionne also backtracked, but only after a meeting with Italian prime minister Silvio Berlusconi and other politicians, saying no final decision has been made and that nothing would be decided on the carmaker's future headquarters until 2014.

Fast forward to March and a lengthy article on Reuters regarding Sergio Marchionne and future of the company, where the subject of Fiat’s headquarters is once again put on the table.

"The location where you establish the legal HQ is where you pay taxes," said the second top Fiat source. "If I pay 70 percent tax in Italy and only 30 percent in the U.S., it's a no brainer where to go."

Donations for Japan Continue, Fiat Offers €100,000, Mercedes-Benz gives €2 Million

9:02 AM sport sedan No comments

The donations for Japan keep coming in, with Mercedes-Benz’s parent company Daimler announcing today that it will provide €2 million (about US$2.8 million at today’s exchange rates) as immediate aid for the victims of the earthquake and tsunami in the Asian country. Daimler said it has approximately 13,000 employees in Japan through its subsidiaries Mitsubishi Fuso Truck and Bus Corporation, Mercedes-Benz Japan, as well as Daimler Financial Services.

The Fiat Group, which includes Alfa Romeo, Lancia, the Fiat brand, Abarth, Maserati and Ferrari, also announced a donation for relief efforts in Japan, albeit a much smaller amount at €100,000 (about $US140,000).

While we’re not saying that this is a competition as all donations are welcome, we can’t but think that Fiat’s contribution, which equates to roughly half the price of a new Ferrari model or around 0.8% of the total compensation Ferrari boss Luca Cordero di Montezemolo and Fiat Group CEO Sergio Marchionne received in 2010, is somewhat embarrassing for the size of the Italian company.

New Punto 150° is Fiat’s Tribute to the 150th Anniversary of Italy's Unification

8:14 AM sport sedan No comments

To mark the 150th anniversary of Italy's unification, Fiat has unveiled a special edition version of its Punto Evo supermini called the ‘Punto 150’. Set to go on sale this April, the commemorative edition is distinguished by a bespoke honeycomb grille, the two-tone unique lightweight alloy wheels, “Azzurro Italia” special metallic paintwork and the “Italia 150” round commemorative badges on the B-pillars.

VIDEO: Le Casse, A Mad Cap Car Chase through the Streets Of 1970’s Athens

5:34 PM sport sedan No comments

Ah, the ‘70s. We had the Oil Crisis and Watergate, microwave ovens and VCRs, Maggie Thatcher and Jimmy Carter. As for cars, well: there were the greats like the Lamborghini Countach, Datsun 240Z and the Dodge Charger. Then there were the not-so-greats like the AMC Pacer, Chevy Chevette and the Ford Mustang Cobra II.

It was the decade that brought us The French Connection, Gone in 60 Seconds and Smokey and the Bandit. It also brought us a relatively unknown (well, to my –ahem- clearly sophisticated tastes) French film called Le Casse (The Burglars).

Oh sure, Bullitt had Steve McQueen in a Mustang and Goldfinger had Sean Connery in a DB5, but you ain’t ever seen a film so brazen to put Omar Sharif behind the wheel of...an Opel Rekord. Well, he is the villain. Surely our hero, Jean-Paul Belmondo, will get to drive something a bit smarter.

Ford CEO Believes that Fiat 500 Won’t Succeed in the USA

2:32 AM sport sedan No comments

There’s been a lot of hype surrounding the U.S. launch of the Fiat 500, with many predicting a commercial success for the Italian mini even before it landed on this side of the Atlantic. However, there’s one industry executive that doesn’t believe in Fiat’s retro-penned hatchback. We’re talking about Ford CEO Alan Mulally. When asked about the market prospects of the Fiat 500 in the United States in an interview with Italian-language news magazine Panorama, Mulally said: "I do not see large market in the U.S.A. for a smaller car than the Fiesta. Those that tried failed.”
Even though Mulally did not elaborate, it is believed that his reference to “failure” was aimed at Dailmer’s Smart ForTwo which saw its U.S. sales plummet from 24,622 cars in 2008 to a mere 5,927 units last year.
The Chrysler Group recently celebrated the the production launch of the American market Fiat 500 at the Detroit firm's Toluca plant in Mexico. The starting MSRP for the Italian mini, which is offered with a 1.4-liter four-cylinder producing 101HP, is $15,550.

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