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Fiat 500 Gucci Edition returns, priced from $23,750*

Are you sad you missed out on the limited-edition Fiat 500 by Gucci the first time around? Well, fear not. You, too, can once again channel your inner Jennifer Lopez and pick up one of the co-branded little hatches starting this spring - but just like last time, Fiat will only be offering the Gucci 500s for a limited time.
Fiat will offer Gucci versions of both the hardtop 500 and cloth-top 500C, priced from $23,750 and $27,750, respectively, not including *$800 for destination. That's a pretty big price jump over the $18,500 500 Lounge hardtop - you could get the higher-output Turbo or Abarth models for the same or even less cash - but seeing as how Fiat had no trouble moving any of the Gucci-branded 500s last time they came to town, we're sure these will still fly off dealer lots.
And it's not like you don't get some fancy content for that coin. There's a new interior environment that either can be done up in all black, or a black/white contrast, to match the exterior color choices of, well, black or white. There are high-quality leathers used throughout the cabin, as well as satin chrome accents. Outside, the signature Gucci green/red/green stripe runs along the beltline on hardtop models, and along the cloth top on the 500C. Gucci badging is found on the door frames, accented with chrome mirrors and door handles. And of course, there are unique 15-inch aluminum wheels with the interlocking "GG" design on the center caps.

The Fiat 500X packs 2.4 liters of disappointment

Our long-term 2016 Fiat 500X is a fine little crossover that's nearly undone by a underwhelming and often frustrating powertrain. The 2.4-liter naturally aspirated four-cylinder/nine-speed automatic combo can be found in a number of FCA products. In every single application I've used this engine, the takeaway has been the same: It's a boat anchor. I like our 500X, I really do. I haven't spent as much time behind the wheel as I would like, but I've put thousands of miles on its platform twin, the Jeep Renegade, and two vehicles are essentially the same underneath. The Tigershark 2.4-liter makes 180 horsepower and 175 lb-ft of torque, good numbers on paper, but in practice the engine is buzzy and slow to rev. The engine feels dated. In contrast, the base 1.4-liter turbocharged engine feels much more lively despite being down 20 horsepower. The low-end grunt is owed to the 9 additional pound-feet of torque the engine makes over the 2.4-liter. It may not match it on the top end, but not many people are running a 500X to redline. The issue I have is that the 2.4-liter is the only available option on the higher-spec models like our Trekking Plus, so if you want some options you're stuck with this engine. The 2.4-liter is exclusively paired to a 9-speed automatic transmission that's built by ZF. As great as some of ZF's other gearboxes are, this 9-speed is varying degrees of bad in every application that I've used it, including the Honda Pilot, Acura TLX, and Jeep Cherokee and Renegade. Shifts can be abrupt, and the manic transmission is constantly hunting in an effort to find the most fuel-efficient gear. More than once I've been left waiting for a kick down in order to move with some gusto. Don't let my harping about the powertrain warp your vision of the 500X. It's a fun little vehicle and arguably Fiat's best product (the 124 Spider is mostly Mazda), but it's frustrating when a pleasant little crossover is brought down by such a lackluster powertrain, made worse by knowing the 1.4-liter is so much better. There's an easy fix, Fiat: Offer the 1.4-liter in all engine trims. And to be fair, it's almost kind of fun around a racetrack. See the video below. Related Video:

FCA profits surge in second quarter

Fiat Chrysler Automobiles gave the cash register a beating in the second quarter, improving its net profit to 333 million euros ($364M US), which is a 263-percent jump over its reported Q1 profit of 92 million euros ($108M US). At the same time, FCA improved its global profit margin to 7.7 percent. Compared year-over-year, in Q2 2014 FCA reported net profit of 197 million euros making this year's Q2 a 69-percent increase, and profit margins a year ago were 4.9 percent. The two big factors for this increase are strong NAFTA sales and Jeep. In the US alone, Jeep sold 222,940 units in Q2 this year, a jump of almost 20 percent over the same period last year. Revenue in the NAFTA region totaled $18.8 billion, adjusted earnings before interest and taxes were $1.45 billion, both of those numbers more than doubling compared to 2014. The vastly better numbers come on marginally more global sales, 1,181,000 units sold in Q2 2014, 1,193,000 units sold in the same span this year. In the US, FCA began charging dealers one-percent more for vehicles to up the margins, a move that helped boost its US margin from 4.1 percent a year ago to 5.8 percent the first half of this year. The company is holding steady on its guidance of global deliveries at 4.8 million and its net profit guidance at $1.1 to $1.3 billion. It has increased its adjusted outlook for the year to $120.5 billion in revenue, and EBIT to "over $4.93 billion." News Source: Automotive News - sub. req.Image Credit: AP Photo/Carlos Osorio Earnings/Financials Chrysler Fiat Jeep FCA