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Fiat-Chrysler alliance in jeopardy due to Pentastar's IPO filing?

The four-year relationship between Fiat and Chrysler has thus far been beneficial for both automakers, but it has also proven to be a complicated battle between Sergio Marchionne and the United Auto Workers - the latter controlling the remaining 41.5 percent of Chrysler. With the recent filing for a US IPO, it looks like Marchionne and the UAW appear to be playing a billion-dollar game of chicken, with both sides far apart on how much the union's shares are worth. If it comes down to Chrysler's remaining stake being publicly traded, it could act to drive a wedge between the two companies.
According to Bloomberg, Fiat's chairman John Elkann says "if the IPO will take place, there will be two companies, and that's different than having a single one." Now, we're not great at math, but this sounds like the complete opposite of the full merger that Marchionne has been pushing for since taking the helm at Chrysler. Bloomberg notes that the UAW's shares should be worth around $5.6 billion, but Fiat could end up paying as little as $4.9 billion for Fiat to gain full control of Chrysler. A story by The Detroit News points out that Marchionne's "alleged low-balling" is just the latest hurdle the Auburn Hills-based automaker must overcome as its ownership is being fought over for the fourth time in 15 years.

Fiat gives outgoing Ferrari chairman $35M severance package

Luca di Montezemolo may not have wanted to leave Ferrari this way, but don't feel too bad for the departing chairman, because he'll be hitting the ground with a golden parachute so big that he'll never have to work again.
According to the latest reports, Fiat will pay Montezemolo 26.95 million euros (nearly $35 million) in severance pay. A little more than half of that will be paid in a lump sum of 13.71 million euros ($17.7M, equivalent to five times his annual salary) on January 31, 2015, with the rest to be paid within the next 20 years.
The payment is contingent on Montezemolo not going to work for a competitor, so don't expect to see him replacing Stephan Winkelmann at Lamborghini or Wolfgang Dürheimer at Bugatti any time soon. At least not until March 2017. Of course with that much cash on hand, the 67-year-old marquis need never work again, but considering how busy he's used to keeping himself, we'd be surprised if he didn't pop up again somewhere.

Zender Abarth 500 Corsa Stradale Concept has our attention at last

While this writer knows Zender as the maker of (mostly) fine body kits for German marques such as Volkswagen, BMW and Mercedes-Benz, the company has also been known to make kits for Italian autos. Its latest product, for example, has been applied to the Fiat 500 Abarth, resulting in what it calls the Abarth 500 Corsa Stradale Concept. We're not quite sure how we managed to miss it at the Frankfurt Motor Show, with its bulging fender flares, new front and rear fascias and side skirts, exhaust pipes poking from the bumper/diffuser, 18-inch alloy wheels and huge rear spoiler - but better late than never.
Not only does the kit lend the little Fiat a more aggressive stance, the body pieces also are made of lightweight carbon fiber, which is fitting for a car wearing the Corsa Stradale name (which roughly translates to "Road Race"). Also fitting is the 76-horsepower bump to 236 hp from the 1.4-liter four-cylinder engine. That substantial power increase comes courtesy of a larger turbocharger, modified pistons and camshafts, revised fuel injection with a bigger fuel pressure regulator, upgraded engine management and a stainless-steel exhaust system. So equipped, Zender claims the Corsa Stradale Concept does 0-62 miles per hour in 6.5 seconds, a 0.7-second improvement over the stock Abarth, and 0-124 mph in 24.7 seconds. It continues past the stock Abarth's 130-mph top speed and is claimed to top out at 144 mph.
A reworked height-adjustable coilover suspension helps keep body motions in check, and Zender has also upgraded the interior slightly, with custom sport seats in two-tone leather and stainless-steel pedals and door-sill garnishes.