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1960s Fiat 500F becomes 960-piece Lego Creator Expert kit
Sun, Mar 1 2020Properly restored, the rear-engined Fiat 500 released in 1957 is worth more than most late-model front-engined examples. Lego is making it more accessible by adding a 1960s 500F model to its Creator Expert line of kits. This isn't the first Lego Fiat 500 we've seen, but we're not sure if this official one is related to the unofficial one we last saw back in 2018. The 960-piece set measures about four inches high, nine inches long, and four inches wide, meaning it will take up quite a bit of space on your desk. Lego recreated the 500's proportions with surprising accuracy, and its designers included details like the round headlights, the chromed emblem on the front fascia, the dish-shaped hubcaps, and the vented rear decklid. It's not as realistic as a die-cast model, but it's recognizable as a 500. Opening the hood reveals the gas tank and the spare tire — just like on the real car. Lego has thankfully left out the rust that tends to develop in the battery tray, which is right behind the front fascia. Both doors open to reveal a three-spoke steering wheel with a Fiat logo, a moving gear selector, a handbrake lever you can raise and lower, as well as a folding soft top — again, just like on the actual 500F. Lower the decklid to find the Danish firm's best rendition of Fiat's air-cooled twin, which in real life develops 18 horsepower and 22 pound-feet of torque in the 500F. Zero to 60 mph (its top speed) optimistically takes about a minute if you're on flat ground with a favorable tail wind. The replica's zero-to-60-mph time depends on what you're carrying it in. It totes a suitcase on its back everywhere it goes, and the kit includes a painting of a 500 in front of the Coliseum propped up on an easel. Lego will release its Fiat 500 on March 1. Sold online and through authorized retailers, it's priced at $89.99, which makes it a bargain compared to a vintage one. The catch is that you can't take it out for gelato. If you'd rather invest in one you can drive to cars and coffee, there's a 1967 500F just like the one Lego offers in its kit listed in the Hemmings classifieds for the princely sum of $29,500, or about $27 per pound — yikes. Related Video: Featured Gallery Fiat 500F Lego kit View 14 Photos Toys/Games Fiat
Peugeot maker PSA posts record profits ahead of FCA merger
Wed, Feb 26 2020PARIS — Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. PSA has trimmed costs in areas such as the procurement of components as it has integrated its acquisition of Opel and Vauxhall, boosting operating margins to 8.5% last year. The group, which also produces cars under the Citroen and DS brands, offset a slump in vehicle sales by selling pricier SUV models, with launches including the Citroen C5 Aircross helping to lift revenues by a higher-than-expected 1% to $81.2 billion (74.7 billion euros). That helped it stand out in a car market where some rivals including France's Renault have struggled with sliding revenues and profits, amid a broader downturn in demand. PSA's group net profit increased 13.2% to a record 3.2 billion euros, and the company increased its dividend against 2019 results to 1.23 euros per share, up 58% from 2018 levels. The carmaker was "once again very solid", analysts at brokerage Oddo-BHF said in a note, adding the results confirmed the company's "best-in-class status." However PSA forecast a 3% contraction in Europe's car market this year, by far its biggest market. The tie-up with Fiat Chrysler will help it gain exposure to that group's strong presence in North America with brands like Jeep. The two companies struck a deal in December to create the world's No.4 carmaker, to better cope with market turmoil and the cost of making less-polluting vehicles. Fiat also posted more upbeat results than most rivals this year. CORONAVIRUS WEIGHS PSA boss Carlos Tavares told a news conference that the two groups were both in good shape and well placed to face market challenges together. He said he did not expect any major regulatory hurdles to the merger, adding it had so far submitted 14 approval requests to competition authorities out of the 24 it needs. There are no immediate plans to change anything in the large portfolio of brands within the combined group, he added. However the companies still face problems this year, including the coronavirus outbreak which has paralyzed production in China and hits carmakers' supply chain. PSA said the coronavirus impact was still difficult to assess. It factories in Wuhan, at the epicenter of the outbreak, are due to reopen in the second week of March.
FCA's profit rises ahead of Peugeot merger
Thu, Feb 6 2020MILAN — Fiat Chrysler (FCA) posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it heads into a merger with France's PSA. The Italian-American carmaker said adjusted earnings before interest and tax (EBIT) rose to 2.12 billion euros ($2.3 billion), in line with a 2.11 billion forecast in Reuters poll of analysts. That left its adjusted operating profit for the year at 6.67 billion euros ($7.34 billion), just shy of its target of over 6.7 billion euros. Its adjusted EBITDA margin came in at 6.2%, in line with its target of more than 6.1%. A trader said Fiat Chrysler results were "a touch above" expectations and the carmaker's shares in Milan were up 3.4% at 1300 GMT following the results. Fiat Chrysler and Peugeot maker PSA agreed in December to combine forces in a $50 billion deal to create the world's No. 4 carmaker, in response to slower global demand and the mounting cost of making cleaner cars amid tighter emissions rules. Chief Executive Mike Manley said last month that talks with PSA were progressing well and that he hoped to complete the deal by early 2021. FCA reiterated its plan to boost adjusted EBIT to above 7 billion euros ($7.7 billion) this year. In slides prepared for an analyst call, FCA said it was monitoring the global impact of coronavirus in China. FCA operates in the country through a loss-making joint venture with Guangzhou Automobile Group (GAC) and has a 0.35% share of the Chinese passenger car market. Reporting by Giulio Piovaccari; Additional reporting by Danilo Masoni; Editing by Stephen Jewkes, Jason Neely and David Clarke. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
FCA to idle Belvidere Jeep plant again for a week in February
Mon, Feb 3 2020Bloomberg reports that Fiat Chrysler will shut down the Belvidere, Ill., plant that assembles the Jeep Cherokee for a week this month, starting February 17. FCA has been tweaking the plant's headcount and production schedule for a while now, usually downward. The automaker laid off 1,371 workers last February and fired 32 more in May, the same month it eliminated the third production shift. In August, the automaker shut down the plant for one week, then did so again for two weeks last month. As in August and January, FCA explained this month's idling by saying it needs to get production in alignment with demand. Cherokee sales declined 20% in the U.S. last year, helping to account for Jeep's overall 5% domestic drop in 2019. On top of the shutdown, FCA is offering buyouts to certain plant workers among the 3,600 hourly and 300 salaried personnel. The choices are either taking a "separation package" that comes with a $60,000 lump sum payment, or accepting voluntary termination that pays a lump sum based on seniority. Employees that choose a buyout can't return to Chrysler, becoming no longer "eligible for recall, rehire or reemployment." Belvidere personnel have until March 11 to make their decisions. Bloomberg says the aim is to reduce the number of workers with more seniority and higher pay grades; a company spokesperson said the move would "create opportunities for those employees still on layoff," who were lesser-paid. Around 900 of those laid-off workers remain on standby for reassignment to another plant. Analysts predict a soft year for car sales, so FCA might not be the only automaker pruning the rolls. Early estimates have come in below 17 million, and if that comes true, 2020 will be the slowest year since 2014, when 16,531,070 units left lots. The new contract between FCA and the UAW made provisions for Belvidere, which has tempered talk of a total shutdown.The automaker will invest $55 million for "fresh models/features off of the current (KL) platform" that underpins the Cherokee as well as the Chinese-market Jeep Grand Commander (it was previously used for the Dodge Dart and Chrysler 200). Outside of that, some observers think the carmaker could be planning a three-row Chrysler crossover based on the KL platform, akin to the Grand Commander, for the United States. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Fiat Chrysler's next-generation Uconnect is faster, built on Android
Mon, Jan 27 2020If you're a regular reader of Autoblog, you know that for a long time we've liked Fiat Chrysler's Uconnect infotainment system for its bright, clear, responsive touchscreen interface. Now, according to the company, it will be better than ever with Uconnect 5, the latest iteration of the system. It has upgraded hardware and a revamped graphic user interface (the stuff on the screen). Looking at sample screens shown above, there are characteristics shared with the old system, such as the time, status and shortcuts at the top and the menu icons at the bottom. In the middle, the major change is the addition of home screens that can be customized with favorite menus and readouts that are always available. Each of these home screens can have up to four functions and you can have five pages to flip through. The graphics themselves feature more legible fonts and updated icons. Each car brand will get its own set of icons, colors and textures to help create unique experiences. And while each Fiat Chrysler product will be able to have Uconnect, including Alfa Romeo that has until now lacked Uconnect, each brand has the ability to make small tweaks including the screen orientation. The system will support displays in landscape, portrait or square, so different brands may choose different shapes. Powering Uconnect 5 is a processor Fiat Chrysler says is six times more powerful than what's in current systems. It features 6 gigabytes of RAM and 64 gigabytes of internal storage. The processor also supports screens as large as 12.3 inches with as many as 15 million pixels, or nearly twice that of a 4K resolution TV. The system can display information on up to four screens, too. Uconnect 5's firmware is built on Google's Android operating system, joining a few other automakers in using Android as a base for their infotainment systems. Uconnect 5 brings with it a number of new features. It brings full Alexa integration, so you can use it just like you do at home, provided you have a data plan for the car. Apple CarPlay and Android Auto continue to be standard, but now they can be used wirelessly. You can also now connect two phones via Bluetooth wirelessly so you can access content from both. Navigation gets real time information and updates from TomTom. Users can create five profiles with unique climate, radio and instrument settings, plus one for a valet.
Fiat Chrysler CEO says final merger talks with Peugeot going well
Thu, Jan 23 2020BRUSSELS — Fiat Chrysler's chief executive Michael Manley said on Wednesday that merger talks with Peugeot owner PSA to create the world's No. 4 carmaker are progressing well and he hopes to have a deal within 12-14 months. Speaking to Reuters on the sidelines of an industry meeting, he said he doesn't expect any major obstacles that could delay a final agreement. "Talks are progressing really well," Manley said about negotiations with the French carmaker ahead of a briefing by the European automotive association (ACEA), of which he is president. His comments come a month after the two carmakers agreed to a binding deal worth about $50 billion to combine forces in response to a slowdown in global demand and mounting costs of making cleaner vehicles amid tighter emissions regulations. Manley's timeline for completing the deal by early 2021 is in line with a forecast made by the companies in December. Fiat and Peugeot are now getting into the details of how the merger will work, including choosing which vehicle platforms — the technological underpinnings of a vehicle — will fit which products in a combined company. Because customers in different locations still prefer vastly different cars, there is room for multiple platforms in a combined group, Manley said. "That global platform is an elusive beast," he added. "This concept of a massive global platform in my mind is almost a myth, but that doesnÂ’t mean to say weÂ’re not going to recruit significant volume." Related Video:  Â
FCA applies to trademark 'My Freedom' for subscription service
Wed, Jan 22 2020Almost a year ago to the day, several outlets reported that Fiat Chrysler would trial three car-swapping programs in Boston focused on the Jeep brand. One program covered peer-to-peer Jeep rentals through Turo; another was a three-month subscription service through Avis that allowed Jeep owners to swap for Ram or Dodge vehicles; the third was called "Car Borrowing" and enabled Jeep owners to buy "Jeep Coins" to use on a one-day rental of other Fiat Chrysler products. It's possible FCA is taking last year's lessons to the next phase, CarBuzz having discovered the automaker applied to trademark the term "My Freedom" with the U.S. Patent and Trademark Office. The listed purpose of the mark would be "motor vehicle subscription services, namely, providing temporary use of motor vehicles to members for their personal use." Having begun its research using Jeep, it's not clear if a potential My Freedom subscription service would retain the 4x4 SUV focus or include other brands in the fold; with Jeep's martial origins, the brand has made ample use of the Freedom name over the years. There's also a link to new partner Groupe PSA, as the French automaker's mobility division and subscription service is dubbed Free2Move.  Related: Autoblog's guide to car subscription services  FCA made no comment on the filing, but an analyst at AutoForecast Solutions told The Detroit News that the submission "prepares (FCA) for the future," as. "The idea that autonomy would prevent the need for your own vehicle leads perfectly into subscriptions." U.S. brands haven't cracked the subscription nut yet, even with their premium offerings. Ford bought subscription startup Canvas in 2016, then sold it last year to the car-rental app Fair. GM launch Book by Cadillac in 2016, and shut it down for retooling in 2018 before a re-launch scheduled to happen sometime this year. If nothing else, an FCA subscription program with access to the top-end product could give other-brand luxury owners an easy way to pay attention to Maserati and Alfa Romeo. That would be good for everyone. Related Video:  Â
FCA and iPhone maker plan Chinese electric vehicle joint venture
Thu, Jan 16 2020MILAN — Italian American automaker Fiat Chrysler and Taiwan's Hon Hai plan to set up a joint venture to manufacture electric vehicles and to engage in the business of wirelessly connected vehicles, Hon Hai said on Thursday. Fiat Chrysler (FCA) and Hon Hai are negotiating to set up a 50-50 joint venture, Hon Hai said in a statement. It added Hon Hai would hold its 50% share both directly and indirectly and that its direct shareholding would not exceed 40%. Hon Hai is the parent of Foxconn, the Chinese assembler of Apple iPhones. FCA last month reached a binding agreement for a $50 billion tie-up with France's PSA that will create the world's No. 4 carmaker. The joint venture with Hon Hai will produce vehicles for the Chinese market, but many details of the accord are still to be worked out, one source close to the matter said, adding that a final deal was expected to be signed in the coming months. Foxconn has been investing heavily in a variety of future transportation ventures for several years, including Didi Chuxing, the Chinese ride services giant, and Chinese electric vehicle startups Byton and Xpeng. Foxconn also has invested in Chinese battery giant CATL and a variety of other mostly Chinese transportation tech start-ups. FCA will launch its first full-electric model - the 500 small car - this year. Reporting by Giulio Piovaccari in Milan, additional reporting by Paul Lienert in Detroit. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
India's classic Premier Padmini taxi killed by emissions laws
Sun, Jan 12 2020As part of an eco-conscious measure to fight pollution in 2008, the government in Mumbai, Maharashtra, India, banned all taxis 25 years and older. In 2013, that was changed to 20 years old. With each ruling, thousands of Premier Padmini taxis, an iconic car that transported the people of Mubai for decades, have disappeared from the roads. At the end of 2019, it was estimated that about 50 late-year Padminis were still driving, and in 2020, the survivors will cruise their last rides. An article from NPR explores the vehicle's history and the impact it had on the region's culture. The Padmini's origins begin in the '60s in the form of a Fiat 1100D, also known as a Delight 1100. The Fiat model served as the base for what first debuted as the Premier President from Premier Automobiles. It was later renamed the Premier Padmini after a famous Indian royal. The car became extremely popular and sales shot up as it became the taxi of choice. Officials estimate roughly 60,000 Padminis were in Mumbai at the car's peak. Unfortunately, an open market and an influx of modern cars in the '90s doomed the black and yellow taxi, and production ended in 2000. Their last month to drive is June 2020. As the car becomes more myth than tangible reality, some artists have dedicated their works to honoring a vehicle that serviced millions of people from numerous generations. Check out the full article on NPR.  This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Is this 1983 Fiat Spider EV conversion worth Porsche 911 GTS money?
Wed, Jan 8 2020$140,000 can buy a lot of car. Nothing about Fiat Spiders built in the 1980s would be described as "a lot," unless you're referring to the quantity of maintenance that is sometimes required just to keep them on the road. In that context, this eBay find, a 1983 Pininfarina Spider America EV conversion, might be a bit of a two-for-one. Not only do you get a lot more power, but you might even get a lot more reliability. Sure, you could score a brand-new Porsche 911 Carrera GTS for the price of this humble Italian roadster, but the fine folks of Roadster Salon think they might be able to make it worth your while. This conversion retains the stock five-speed manual transmission, but mates it to a dual-motor electric drive unit that produces an unspecified amount of horsepower and more than 200 pound-feet of torque. Admittedly, those numbers don't really stack up nicely against the brand-new Porsche's, but, hey, at least it's a manual? The power unit itself is supplied by Electric GT, which has carved out a niche for itself developing electric "crate motors" that are as close to plug-and-play as possible, which should be a point in favor of this conversion's overall build quality, as custom fabrication would have been kept to a minimum. Roadster Salon will also go over the suspension and steering components, updating them to modern standards (and ostensibly to support the extra power from the EV conversion), so you're getting more for your money than just some electron-pumping spinny bits. So, it's much fancier than your run-of-the-mill 1980s Fiat Spider; you just have to spend a lot more money for the privilege. Like, an astronomical amount. Oh, and the car hasn't actually been built yet; what you're bidding for is a build slot in a forthcoming 2020-21 production allocation. If you desperately want your own Fiat Pininfarina Spider America EV but can't stomach the $139,995 price tag, we have great news. Roadster Salon will sell you an "EV Junior" variant, which retails for just $89,995 — a bargain! Alternatively, you can wait for Electric GT to finalize its crate Fiat crate EV motors for mass production and just slap one together yourself. How hard can it be?