***extremely Clean 1970 Fiat 500 L*** on 2040-cars

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Fiat Chrysler posts $690M Q1 loss

If there is one thing that should be remembered when looking at quarterly and annual earnings, it's that the headline numbers rarely tell the whole story when it comes to an automaker's health. Chrysler's first-quarter earnings are just such an example.
Yes, the Auburn Hills-based manufacturer lost $690 million, which is quite a large sum of money. The reasons for the loss, according to Chrysler, were "Unfavorable infrequent items," which includes a $504 million payment to rid itself of the debts it took on for prepaying the UAW's VEBA healthcare trust. Chrysler was also hit with a $672 million charge to the UAW, which was part of a deal that allowed Fiat to purchase the remaining shares of Chrysler owned by the VEBA.
Ignoring those one-time deals, the first quarter was quite a successful one for Chrysler. It would have made $486 million if you erased the merger costs, which would have been a year-over-year increase of $320 million. Even more promising is the fact that Chrysler snagged the largest increase in market share of any automaker during Q1 at 1.1 percent, bringing its overall share to 12.7 percent of the US market. Chrysler saw a 30-percent improvement in sales of trucks and SUVs, along with an 11-percent increase in year-over-year sales and a 23-percent increase in revenue, to $19 billion.

Junkyard Gem: 1975 Fiat 124 Sport Spider

Fiat sold the two-seat convertible version of the 124, the Sport Spider, in North America from the 1968 through 1982 model years. After that, Pininfarina continued to build and sell the 124 Sport Spider through 1985. Like the similarly cheap and fun MGB, plenty of these cars were sold, and huge numbers remain in back yards, garages, and driveways across the continent. Those unfinished projects continue to get evicted, which means I see a good half-dozen discarded 124 Sport Spiders in junkyards every year, about the same quantity now as you'd have seen 30 years ago. Here's a once-snazzy tan '75, spotted in Denver. Fiats became somewhat mainstream in the United States during the early 1970s, with the extremely cheap 128 stealing plenty of Beetle and (a bit later) Civic sales. The 124 Sport Spider competed directly against the MGB, and both types once served as commonplace daily drivers all over the country. In 1975, the 124 Sport Spider cost $4,703 ($23,140 today) and had 86 horsepower to move its 2,320 pounds. Meanwhile, the MGB cost $4,249 and weighed just 2,287 pounds … but was issued a mere 62.5 horses by British Leyland. The Fiat Twin Cam DOHC straight-four was decades more modern than the MGB's elderly (but quite sturdy) pushrod BMC B engine. If this is the original engine, it displaced 1,756cc. There's enough rust to scare off would-be restorers, but this car could have been put back on the street at fairly low cost. Naturally, I brought a vintage Italian film camera — a Bencini Comet II, circa 1951 — to photograph this vintage Italian car. You can tell a sports car owner is serious when you see studded snow tires on the car. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The car so good, it made you hallucinate romantic drives with Rolls-Royce owners. Featured Gallery Junked 1975 Fiat 124 Sport Spider View 17 Photos Auto News Fiat Automotive History Convertible fiat 124 Junkyard Gems

2020 Fiat 124 Spider Abarth Review | Miata Arrabbiata

The Mazda MX-5 Miata is one of our favorite sports cars, and it’s hard to imagine how it could be improved – especially after Mazda added a revvier, more powerful engine for 2019. That presents a potential issue for its platform mate, the 2020 Fiat 124 Spider, which hasnÂ’t received a similar update. So we spent some time behind the wheel of an Abarth version on the road and on a track to see if thereÂ’s a reason to choose it over its new-and-improved twin. While itÂ’s unchanged for 2020, the 124 AbarthÂ’s engine does the lionÂ’s share of the work charming the driver. The 164-horsepower 1.4-liter turbocharged inline-four is no longer more powerful than the MiataÂ’s 181-hp 2.0-liter naturally aspirated engine, but the Abarth remains the torque king, packing 184 pound-feet to the MiataÂ’s 151 lb-ft. More importantly, the Abarth makes its power down low, feeling punchier at low rpm and taking far less work with the shifter to keep it in the power band. ThatÂ’s particularly nice around town when you might not want to push the car to redline repeatedly. The trade-off is that it feels much less exciting near redline, and the throttle response is lethargic compared with the snappy Mazda engine. And on a racetrack, that extra precision and power at the top end makes for a more rewarding experience. Besides user-friendly torque, what sets the 124 Spider Abarth from the Mazda is the sound. The Abarth is the only 124 available with the special Record Monza exhaust, and it makes the Fiat growl and snarl like only Italian cars can. And of course, itÂ’s all the better when you drop the top, expediting the sound to your ears. It makes the car feel more expensive and unusual than it is. Now, the Miata has its own more refined purr thatÂ’s lovely, too, but the FiatÂ’s soundtrack is giggle-inducing at every drop of the throttle. Capping off the powertrain is the FiatÂ’s transmission that I found to be just a bit better than the ND MiataÂ’s. It has heavier, more mechanical shifts that arenÂ’t as notchy as the MiataÂ’s. ThatÂ’s still a compliment to Mazda, though, as the FiatÂ’s transmission comes from the previous-generation NC Miata. It was chosen to handle the turbo engine's torque. The only complaint is the bizarrely shaped shift knob that never felt comfortable regardless of my grip. The AbarthÂ’s styling is another point of differentiation.