2013 Fiat 500 on 2040-cars

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Fiat Chrysler’s Sergio Marchionne throws more cold water on Tesla, EVs

Fiat Chrysler CEO Sergio Marchionne has once again sounded off on industry upstart Tesla and its wunderkind boss, Elon Musk. In the process, he doubled down on FCA's reluctance to follow its competitors headlong into electrifying its vehicle fleet, saying "we're not betting the bank on going fully electric in the next decade. It won't happen." Marchionne made his comments on Monday during remarks at the New York Stock Exchange, where he was marking the 70th anniversary of Ferrari. They come as Tesla struggles to ramp up production of its Model 3 sedan, its first mass-market offering, and the company continues to hemorrhage money. Here's what he said: "We still don't have a viable model for delivering an electric car. As much as I like Elon Musk, and he's a good friend, and actually he's done a phenomenal job of marketing Telsa, I remain unconvinced of a new economic viability of the model that he's pitching. So I think we need to be careful, because when we embrace electrification, and I made comments on the fact that we lose money on every Fiat 500, the electric that we sell in the U.S. Now that's reflective of the 2011-2010 costs in terms of components. Those costs have come down. If I were to do it again, I would certainly reduce the amount of the loss, but I would not make any money. And you can't run economic entities on losses. It doesn't happen. "So how do we find a convergence of technology bringing prices of components down and allows us to price accordingly — or we need to navigate through this process in a combined way between combustion and electrification to yield at least a minimum of economic returns that allows for our continuity? The last thing you want is me to be successful selling cars for 24 months and then go bust. That's not a good story. Especially in a place like this which rewards economic success. Let's not sit here and design our own future in the tank. Let's try and do it properly. We will do all the right things. We are investing without making a lot of noise on electrification. We will combine it with combustion to yield the right level of CO2. But we're not betting the bank on going fully electric in the next decade. It won't happen." It's not the first time Marchionne has publicly expressed doubts about Tesla's business plan.

Fiat takes the 500 into Mercedes territory with La Prima limited-edition

Fiat is celebrating the launch of the third-generation 500 by releasing an array of limited-edition models that move the electric city car upmarket. The latest installment in the series is a variant named La Prima (which means "the first" in Italian) based on the hatchback version and priced well into Mercedes-Benz territory. The first limited-edition 500 introduced in March 2020, when the car made its debut, is sold out. The second chapter in the story is similar to the first but it's offered exclusively as a hardtop. Hard doesn't mean metal, though, and it comes equipped with a panoramic sunroof. The list of standard equipment also includes 17-inch alloy wheels, full LED headlights, and edition-specific emblems below the rear windows. Buyers can choose one of three paint colors named Ocean Green, Mineral Grey, and Celestial Blue, respectively. Inside, Fiat added a seven-inch digital instrument cluster, a horizontal 10.25-inch touchscreen that displays its fifth-generation Uconnect software, plus cow-less upholstery on the seats and on the dashboard. The stitching on the middle section of the seats spells out Fiat, which is a nifty touch that adds a bit of flair to the cabin.  There are no powertrain modifications, meaning the La Prima gets a 42-kilowatt-hour lithium-ion battery pack that spins a 118-horsepower electric motor. Its maximum driving range checks in at 199 miles, though Fiat obtained that figure by putting the 500 through the optimistic WLTP testing cycle. Hitting 60 mph from a stop takes nine seconds, a respectable time for its segment, and it stops accelerating when it reaches 93 mph. It can fast-charge at up to 85 kilowatts, which is more Abarth 500-quick than Porsche 911 GT2 RS-fast. However, because the battery pack is small, it takes five minutes to zap it with up to 31 miles of driving range. Achieving early adopter status by being one of the first motorists to be seen behind the wheel of the new 500 is costly. Fiat priced the La Prima hatchback at ˆ34,900, which represents nearly $40,000 at the current conversion rate. That figure generously includes a home charger and it excludes available incentives that vary from market to market, but it catapults this once-humble city car into Mercedes-Benz's domain.

Mopar boss promoted at FCA, still runs Mopar

Fiat Chrysler Automobiles is appointing Pietro Gorlier as its new chief operating officer for components. The change in title is effective June 30 and means that he reports directly to Sergio Marchionne. He already runs Mopar globally. Gorlier is replacing Eugenio Razelli, who is leaving the automaker. Even with the new position, Gorlier continues to be the boss at Mopar and retains his seat on FCA's global executive council, which is the company's top decision-making group. This is essentially one more step up the ladder for the Turin-born executive. Gorlier became CEO of Mopar service, parts, and customer care for FCA US in 2009 and took over that role worldwide in 2011. FCA announces new appointment Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MI: FCA) announced today that effective June 30, 2015, Pietro Gorlier is appointed Chief Operating Officer Components reporting directly to the Chief Executive Officer Sergio Marchionne. Mr. Gorlier will also retain his current responsibilities as Head of Parts & Service (MOPAR) and member of the Group Executive Council. Mr. Gorlier will succeed Eugenio Razelli, who elected to leave the Group after several years of dedicated service. "We extend our sincere appreciation to Eugenio for his leadership and contribution to the organization" said Sergio Marchionne. Pietro Gorlier is Head of Parts & Service (MOPAR) and a member of the Group Executive Council (GEC) since September 1, 2011. He joined the Group in 1989 in Iveco and held various positions in Logistics, After Sales, and Customer Care before joining the automobile business in 2006 in Network Development. He holds a Master of Economics from the University of Turin. London, 18 May 2015 Related Video: News Source: FCA Hirings/Firings/Layoffs Chrysler Fiat FCA fiat chrysler automobiles fca us