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Fiat mulling purchase of MV Agusta?

Apparently to be a cool automaker in Europe, you have to build motorcycles. Volkswagen Group bought Ducati in 2012, and BMW has made bikes longer than it's made cars (until recently, it also owned Husqvarna). Fiat might be the next automaker to get into the two-wheel business, with rumors flying that it is considering buying cash-strapped Italian sportbike brand MV Agusta.
At the moment, it's all still very much a rumor, but the purchase would certainly seem to help the motorcycle company. However, according to Asphalt and Rubber, the business would need a lot of cash to grow and sustain itself. Fiat might not want to invest so much into a brand that may never be a huge moneymaker.
MV Agusta is best known for its racing success in the '50s and '60s. Until Japanese manufacturers took over the sport, the Italian company was one of the fastest things on two wheels, with a long list of championships in various classes. Recently, it was briefly owned by Harley-Davidson.

Fiat recalls nearly 30,000 Fiat 500L models

Fiat has announced a recall of 29,500 Fiat 500L hatchbacks in the US and Canadian markets due to concerns that the roomiest member of the Fiat range features knee airbags that won't deploy unless the occupant's seatbelt is fastened.
There have been no injuries reported due to this issue, which affects vehicles from model years 2014 and 2015. Of the nearly 30,000 vehicles covered in this recall, 25,500 come from the US market, while the remaining 4,000 are from Canada. It's not clear what the underlying cause of this issue is.
Fiat knows of no injuries relating to this problem. As per usual, owners will be notified and asked to report in for a free repair.

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.