2012 Fiat 500 2dr Hb Pop Tachometer Traction Control Power Windows on 2040-cars

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Chrysler banks $507 million in Q2, trims 2013 earnings forecast

Chrysler has some good news and some bad news. First, profits were up 16 percent over the second quarter of 2012, bringing the Auburn Hills, Michigan-based manufacturer $507 million on the back of strong demand for trucks and SUVs (a recurring theme this quarter, particularly in the US). Q2 revenue was up as well, from $16.8 billion in 2012 to $18 billion in 2013. The bad news is that the Pentastar's overall earnings forecast for net income in 2013 has been trimmed from $2.2 billion to between $1.7 and $2.2 billion, according to Automotive News.
In addition to the adjusted net income forecast, Chrysler tweaked its operating profit from $3.8 billion to between $3.3 and $3.8 billion. This has gone largely unexplained by Chrysler, perhaps hoping the news of a three-percent increase in its transaction prices for Q2 will allow it to sweep this adjustment under the rug.
The star of the show for Chrysler has been its US sales, which saw a 10-percent jump, both bettering the industry average of eight percent and improving over the same stretch of 2012. As with the increase in transaction prices, Chrysler has the new Ram pickup and Jeep Grand Cherokee to thank. Perhaps most worrying from this report, though, is that every brand in the automaker's stable saw an increase in sales... except for the Chrysler brand itself.

MoMA displays a classic Fiat 500 at its Good Design exhibition

The original, rear-engined Fiat 500 is a design icon thanks to its distinctly recognizable rounded shape and diminutive size. Millions were made from 1957 to 1975, plenty survive, and the car has received not one but two revivals, first in 1991 in the form of the literally named Cinquecento and then with the 2007-present, retro-styled "Nuova" 500. But it's the original that's still worth celebrating, and a new exhibition at New York's MoMA museum is doing just that. The industrial design exhibition, The Value of Good Design, displays an F series 500 as an "expression of form following function." The rear-engined 500 of 1957 was well-timed as Italy rose from the ruins of war and families needed an affordable car that could fit four -- and the 500's spacious packaging was found handy enough to warrant strong sales. And choosing a 500 didn't mean you would need to give up style, especially as a folding fabric roof made the 500 good for sunny weather outings as well (while also saving a bit of steel). Recently, Fiat's small-car know-how has been in the spotlight at various exhibitions. At the Grand Basel show in Switzerland, Italian design professor Paolo Tumminelli celebrated a beat-up, original Fiat Panda as "The very last car made for people, the last surviving witness of a time when the car was still serving humans -- and not the other way around." That is certainly true of the 500 as well, along with its successors, the 600 and 126 models. The below promotional Fiat video from 1957 shows just how cool the 500 was when it was new. MoMA's The Value of Good Design runs from February 10 to May 27. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Jeepster name may be used for Fiat-based baby Jeep

In 1948, Willys-Overland, the forbearers of Jeep, built a vehicle called the Jeepster. It was a funky little thing, designed as a mix of the more rugged Jeeps that came before with what was then a modern car, which arguably makes it the world's first crossover. The name was later revived from 1966 to 1972, which means for Jeep enthusiasts, it has some history.
Now, the modern Jeep brand may revive the Jeepster name for a new product, likely based on Fiat bones, that will slot in at the bottom of the brand's range underneath the soon-to-depart Compass and Patriot. The report comes from Australia's Drive, which cites a dealer source that has seen the vehicle.
That same dealer confirmed there is a link between the Jeepster and the rumored Fiat 500X, and that the former will be available in both front and all-wheel-drive variants. The source also claims both gas and diesel engines will be available, although as this is an Aussie site, we shouldn't take that to mean we'll get a diesel Jeepster in the US.