1959 Fiat Bianchini - No Reserve on 2040-cars

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Likely Fiat 500X replacement caught in new spy photos

Fiat is testing a new baby crossover that will likely be the replacement for the 500X crossover. The 500X never set the American market on fire despite its attractive styling and nimble handling, sadly, and suffice it to say that Fiat noticed. It's likely we won't see whatever this is come stateside, at least not in the near-term. Fiat has made it clear that its future in America is limited to the electric 500e in all of its (yet to be enumerated) forms. Those who want a baby Fiat crossover will have to settle for Jeep's more rugged interpretation of the same platform, the Renegade, which seems to sell well enough to justify its continued existence even in Europe, where they've made an even smaller one they're calling "Avenger." As you can see above, this prototype screams "500X;" The ride height and proportions are dead-on. It's expected to be sold with both ICE and EV powertrains initially, but if previous Fiat efforts are any indication (the current 500X went into production in 2007; the 500x in 2014), it could very well remain in circulation long enough to still be on the market when Europe's mandate for 100% electric new-vehicle sales kicks in in 2035. That means we're likely to see the petroleum-based models phased out over the course of its lifespan.  It might seem premature to dismiss this new model as a Europe-only venture considering that the car it is expected to replace (500X) was itself branded as an offshoot of the 500. Could we not see a 500Xe? Well, that train goes off the rails in the face of information provided by our spy photographer, who says this is likely to be sold as a revival of the long-departed Fiat 600 nameplate, rather than the 500. A rose by any other name might smell as sweet, but a model number starting with a "6" appears to be where Fiat has chosen to draw the line, at least for now.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Ram and Fiat Professional announce plans for new trucks, vans starting in 2015

Ram Trucks CEO and President Reid Bigland got his turn among the executives elucidating the near-term futures for brands in the Fiat Chrysler Automobiles umbrella, laying out the plans for both Ram trucks and Fiat Professional. After Bigland said that the company "will continue to invest heavily in commercial vehicles" for the Italian arm, he didn't give many specifics as to where that investment would go. What we do know for now is that a new Fiat Doblo will come next year - that's the truck we've been catching spy shots of and that will be the basis for the Ram ProMaster City.
In 2016 will come the next-generation Fiorino, a small cargo van sold in markets outside the US as a Fiat, as the Citroën Nemo and Peugeot Bipper. The European and South American markets will also get a new midsize pickup that same year.
Bigland's goal for Ram Trucks and Ram commercial is just a touch more ambitious: "Build the best pickup trucks and commercial vehicles in the industry" and increase NAFTA-market sales from 463,000 in 2013 to 620,000 in 2018. The waypoints along that road include a refresh for the Ram 1500 in 2015 and then a brand new 1500 to come two years later in 2017. Bracketing that, a refresh for the Heavy Duty lineup happens in 2016, and two years later it will also get an all-new generation.

Marchionne's pay as Fiat CEO falls to $5M

Sergio Marchionne will be buying fewer of his iconic sweaters, as his 2013 pay from Fiat took a dip from $6.24 million to an even $5 million. Marchionne, who was also CEO of Chrysler, made $307,989 thanks to some stocks and benefits from the American company, although he didn't take a salary. Of that $5 million paid by Fiat, $3.19 million came from Marchionne's fixed salary while the remaining $1.8 million was paid for hitting unspecified performance targets.
The news comes from Fiat's compensation reports, which also showed that the 61-year-old, who already owned three million shares in Fiat at the end of 2013, was able to receive an additional 2.3 million shares through a stock incentive program. According to Automotive News Europe, the additional shares would be worth about $25 million at today's prices, although so far, Marchionne has declined to claim the extra shares.
According to ANE, Fiat reported a 2013 trading profit of $4.7 billion.