2012 Fiat 500 C Lounge Convertible 2-door 1.4l on 2040-cars

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Junkyard Gem: 2012 Fiat 500 Sport

Fiat left the United States after selling its last Stradas, 124 Sport Spiders and X1/9s as 1982 models, taking Lancia with it. Malcolm Bricklin continued importing the 124 Sport Spider and X1/9 (with Pininfarina and Bertone badging) for a few more years, but it just wasn't the same for American fans of the venerable Italian manufacturer. Fast-forward to Chrysler's Chapter 11 bankruptcy in 2009 and Fiat's investment in the company and it wasn't long before the announcement came that Fiat was returning to our shores. The first Fabbrica Italiana Automobil di Torino product to hit our streets as part of that deal was the 500, which debuted as a 2012 model. That's serious automotive history, which is what this series is all about, so I have documented this first-year 500 in a Denver car graveyard. I've written about many, many discarded Fiats over the years, including some respectably old cars, but the Nuova Cinquecento never sold very well here, and the surviving examples tend to be too valuable to end up in a Ewe Pullet. That car was built from 1957 through 1975 and was a huge success in Europe, with nearly 4 million units sold, and its name reminded Europeans of its just-as-beloved 500 Topolino predecessor. A retro-styled modern 500 made a great deal of sense, and Polish-built 500s hit European showrooms beginning in 2007. While the 500 name didn't conjure up happy childhood memories with American car shoppers, so what? The car looked adorable and those old enough to have unpleasant memories of the temperamental Fiats of the 1970s probably weren't going to care what old Fiat model it looked like. I am old enough to remember those 1970s Fiats (my parents bought a pair of new Fiat 128s when I was in the first grade), but I was excited about Fiat's return in 2011 and reviewed a 500 Sport in April of that year. It wasn't a great fit with the tastes of mainstream American vehicle shoppers, sadly, and it got the axe here after 2019. A new electron-fueled 500e should be available any minute now, so the American Fiat 500 story is nowhere near finished. This car has the Sport trim level, so its MSRP was $17,500 (about $23,959 in 2024 dollars). It has the optional six-speed automatic transmission, which added $1,000 to the price ($1,369 after inflation). The engine is a 1.4-liter MultiAir straight-four rated at 101 horsepower and 98 pound-feet. Members of this engine family have powered everything from the Alfa Romeo Giulietta to the Jeep Renegade.

Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.

Fiat-Chrysler CEO: Please Don't Buy The Fiat 500e

Fiat-Chrysler's CEO had a strange request for electric vehicle shoppers on Wednesday: don't buy the all-electric Fiat 500e. While CEO Sergio Marchionne was speaking at a conference in Washington, he told the crowd he's tired of Chrysler-Fiat losing money, The Detroit News reported. "I hope you don't buy it [the 500e] because every time I sell one it costs me $14,000," he said to the audience at the Brookings Institution. "I'm honest enough to tell you that." Marchionne said federal and state fuel efficiency mandates are forcing the automaker to build unprofitable cars, according to Reuters. A normal Fiat 500 starts at $16,195, and the 500e starts at $32,650, before federal and state tax credits. There are no sales data to indicate how the 500e is performing. Related Gallery The Best Hybrids For The Money View 12 Photos Green Chrysler Fiat Car Buying Electric fiat 500e