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Chrysler nets $1.6B income in Q4, Fiat profit up 5%

Chrysler announced its 2013 financial results today and unveiled its new name and decidedly bank-like logo. Amid the announcement, Chrysler posted big gains in income, while Fiat didn't perform to analysts' expectations.
For 2013, Chrysler had revenue of $72.1 billion, up 10 percent from 2012. Net income reached $2.8 billion, a 65-percent increase. It was the company's third straight year of annual profits.
In terms of unit sales, Chrysler sold 2.4 million cars worldwide in 2013, up 9 percent. According to Automotive News, 1.8 million of those vehicles were sold in the US, a 14-percent increase. The sales growth boosted Chrysler's US market share to 11.4 percent, up 0.2 percent.

2013 Fiat Panda Antartica is crossover dressed as a penguin in a tuxedo [w/video]

If the results of our totally informal, completely unscientific poll are anything to go by, Americans are eager to get their hands on small utility vehicles like the Fiat Panda. And it's easy to see why - accessibility, relatively low price and 4x4 capability are traits that ought to work in America just as in the rest of the world. Indeed, Fiat has sold 500,000 or so Panda models over the past 30 years all across Europe.
Based on the Panda 4x4 Rock and updated with a special white, black and orange color scheme (called a tuxedo and inspired by a Penguin, apparently), fog lights and 15-inch alloy wheels, the Panda Antartica will soon hit European dealerships in limited quantities powered by either an 85-horsepower 900cc TwinAir engine or a 75-hp 1.3-liter diesel.
Take a look at it in our high-res gallery above, and be sure to scroll down below for a press release and the complete Fiat press conference from Frankfurt on video.

Maserati Levante production starting next year, Alfieri could come within 28 months

Maserati is on a roll. The new Ghibli and Quattroporte have been huge successes, and it unveiled the gorgeous Alfieri concept (pictured above) at the 2014 Geneva Motor Show. The next step for the brand is getting the Levante crossover into production.
"We are getting Mirafiori ready for production [of the Levante]. The first bodies are expected for 2015," said Fiat CEO Sergio Marchionne to Reuters in Geneva. He also said that there isn't much keeping the Alfieri off the streets. "The platforms and motors are there. Technically, production could start in 24-28 months," he said. However, Marchionne refused to say whether the company would actually give the concept a green light to be built.
Fiat hopes to be profitable again by 2016, and while its acquisition of Chrysler is certainly going to help, rejuvenating Alfa Romeo and Maserati are also a major part of the plan. In 2013, the Italian luxury brand saw sales more than double to 15,400 vehicles. Maser is still far away from its goal of selling 50,000 units by 2015, but it's quite a start. Fiat bought Maserati in 1993, but business went through a decade or more of doldrums and falling sales. It appears that the century-old brand is finally finding a path forward with some gorgeous new cars.