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The Fiat 124 Spider's future is uncertain
Sat, Aug 24 2019Earlier this month, Fiat brand CEO Olivier Francois explained to Autocar that Fiat would re-focus on “the right balance between the two dimensions: the Fiat 500 family and family transportation. There will be no big cars, no premium cars, no sporty cars because they have no legitimacy. We will be present in the C-segment [Ford Focus class] but not much more. All models will sit within 3.5m and 4.5m (11.5 to 14.8 feet). This is where Fiat will play. We need more EVs. And we need more 500 models that look legitimate enough to take higher pricing.” Francois didn't say the 124 Spider is doomed, but Autocar understands that a second generation of the Mazda MX-5/Miata-based roadster is "unlikely." The comments on the 124 Spider come in the wake of Fiat pulling the droptop from the UK market because the car wasn't making money. The CEO said the partnership that created the convertible made sense, yet that while the 124 is profitable overall, "such a car may not be key to the future of the brand. It is not what IÂ’d call a pure, absolute Fiat, but for now, it remains an interesting opportunity.” The 124 Spider costs a touch less than the MX-5/Miata in the U.S., the opposite of UK pricing; nevertheless, the Mazda handily outsells the Italian after three years on sale. If Mazda keeps the fourth generation Miata around for 10 years as it did with the third generation, though, there could be a few years left to enjoy the 124 Spider even in the face of declining sales. The future of the Fiat brand in Europe will be built on the 500 on the next Panda city cars, joined by "a range of larger vehicles suitable for families;" one-third of the city cars sold in Europe are Fiats. The brand's U.S. lineup, aside from Abarths, is four 500-based cars and the 124 Spider. The 500 range will go upscale in order to justify higher prices to pay for electrified 500 and Panda platforms. A new electric 500 is expected next year, Francois describing that car in March as, "A new 500, totally renewed. A new object. Totally electric. It's kind of an urban Tesla, with beautiful style.
Nissan tells Renault it is 'not opposed' to Fiat Chrysler merger plan
Wed, May 29 2019TOKYO – Nissan on Wednesday told Renault it wasn't opposed to its partner's potential $35 billion merger with Fiat Chrysler, the Nikkei newspaper said, as the two met to hash out the future of their alliance amid a deal that could upend the auto industry. The leaders of Nissan Motor Co, France's Renault SA and junior partner Mitsubishi Motors Corp gathered at Nissan's headquarters in Yokohama for a scheduled alliance meeting - one overshadowed by Fiat Chrysler's proposal this week for a merger-of-equals with Renault. The plan, which would create the world's third-largest automaker, raises difficult questions about how Nissan would fit into a radically changed alliance. Renault Chairman Jean-Dominique Senard arrived in Japan on Tuesday to discuss the proposed tie-up with Nissan, 43.4% owned by the French automaker. "We are not opposed," the Nikkei quoted an unnamed Nissan source who had attended the meeting as saying. The person also said "many details need to be worked out" before the Japanese automaker solidifies its position on the issue, the Nikkei reported. In a statement, the alliance members confirmed that they had "an open and transparent discussion" on the proposal. The deal looks designed to tackle the costs of far-reaching technological and regulatory changes, including the drive toward electric vehicles. Nissan, which has rebuffed overtures by Renault for a merger of their own despite their 20-year alliance, was blindsided by the discussions, sources have told Reuters, stoking concerns that a deal with Fiat Chrysler could weaken Nissan's relations with Renault. The tie-up also poses an additional challenge for Nissan CEO Hiroto Saikawa, already grappling with poor financial performance and an uneasy relationship with Renault after Nissan led the ousting last year of long-standing alliance chairman Carlos Ghosn. There have long been tensions between Nissan and Renault over the imbalance of power in their alliance. Nissan, the bigger company, holds a 15% non-voting stake in the French automaker, while Renault owns 43.4% of Nissan. Ahead of Wednesday's meeting, Japanese media quoted Saikawa as telling reporters that he would look at the potential opportunities afforded by a Renault-FCA merger. Credit ratings agency Moody's said it was vital for Nissan to stabilize its partnership with Renault to expand operational synergies and improve margins.
All 2018 Fiat 500s will get turbocharged engines
Thu, Feb 8 2018For 2018, every basic Fiat 500 is getting a healthy horsepower increase thanks to a standard turbocharged 1.4-liter four-cylinder making 135 horsepower and 150 pound-feet of torque. That's a big increase over the current model's naturally aspirated 1.4-liter engine that makes just 101 horsepower and 97 pound-feet of torque. The newly available turbo engine can also be fitted to either a 5-speed manual or a 6-speed automatic. Fiat 500 fans may also find the new turbo engine's specifications familiar, and that's because they're identical to the old Fiat 500 Turbo that was introduced a few years ago. That car was introduced as a sort of happy medium between the standard 500 and the Abarth. The Turbo disappeared for a little while, but will be resurrected as 2018's entry model. Fiat also says the new turbocharged 500 Pop and Lounge (the basic models) get sportier suspension and brakes than the old one, again similar to the discontinued 500 Turbo. The exterior also becomes more aggressive on both trim levels looking a bit like a toned-down Abarth. And if you've picked up on the theme here, the exterior looks much like the old 500 Turbo's. Mind you, we're not complaining about Fiat bringing back the Turbo as the entry-level 500. It brings the car closer in parity to the base Mini Cooper, effectively matching it for power, and coming up just 10 pound-feet of torque short in the twist department. And while we didn't find the old 500 Turbo to be nearly as fun as the Abarth, the extra power did make for a better basic Fiat – and so should the 2018s. Related Video: Featured Gallery 2018 Fiat 500: Chicago 2018 View 12 Photos Related Gallery 2018 Fiat 500 View 14 Photos Image Credit: Live photos copyright 2018 Drew Phillips / Autoblog.com Chicago Auto Show Fiat Convertible Hatchback Economy Cars Performance turbo 2018 Chicago Auto Show fiat 500 turbo
