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Tom Hanks' custom 1974 Fiat 126p has sold for $83,500

Actor Tom Hanks has sold his custom 1974 Fiat 126p at auction for $83,500. It's a notable sum for a 23-horsepower Polish-built microcar, but it's not even the most interesting part of the story. That would be how the Saving Private Ryan star came to possess the car, which was never officially sold in the U.S. in the first place. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The "Polski" Fiat 126p was built in Cold War Poland under license from Fiat while the country was still under communist rule. A successor to the original Fiat 500, the model was particularly long-lived. Fiat built about 1.4 million of them in Italy from 1972-1991. However, that number pales in comparison with the estimated 3.3 million additional cars from Bielsko-Biala, Poland, where the car was manufactured until 2000. Cars built in Poland were denoted 126p, and locals nicknamed them "Maluch," or "small one" in Polish. They were still prevalent in former Eastern Bloc nations like Hungary in 2016 when Hanks visited the country. As an apparent joke he posed next to a few street-parked examples that he came across, posting the subsequent photos to Twitter with the caption "So excited about my new car!!" According to The Drive, a Hanks fan named Monika Jaskolska, a resident of Bielsko-Biala, saw the tweets and made it her mission to get one for him. Jaskolska ended up raising enough money, along with corporate sponsors, to not only restore a 126p, but build a custom interior for Toma Hanksa, as he's known as in Polish. Because the Philadelphia actor was known for collecting typewriters, they customized the interior switchgear to resemble keys from a vintage one. Some of the money raised also went to a local pediatric hospital. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The car was given an unveiling ceremony in Poland before it was delivered to Hanks in Los Angeles via cargo jet, just in time for his birthday. In addition to the custom interior, the car features some exclusive badging and a Forrest Gump quote on a plaque affixed to the dashboard, so there's no confusing it with a regular Polski Fiat. Now, however, it's time to move the car on to a new owner. Hanks is donating the full sale amount to Hidden Heroes, which supports military caregivers, the spouses and parents of injured or ill servicemen and servicewomen.

James Bond to drive Fiat 500 in next film

After the return of James Bond's classic Aston Martin DB5 for some scenes in SkyFall, the spy with a license to kill is reportedly hopping into something much more mainstream for his next film. The upcoming Bond movie allegedly features a car chase through Rome in a Fiat 500, according to Sky News from info obtained by Italian news agency ANSA. The Italian capital is also rumored to play host to other action scenes in the film, and shooting for these portions allegedly runs through February and March of 2015. There's no word yet whether a modern or vintage 500 would be the star, but using a current 500 Abarth could keep things exciting, although we hope James gets behind the wheel of something a bit more exciting along the way, too. Regardless of which Fiat Bond drives, it still wouldn't match the Citroen 2CV chase in For Your Eyes Only as the spy's most plebeian automotive choice. The name for the next Bond movie isn't revealed yet, but filming is supposed to start in the coming weeks, according to Sky News. Daniel Craig returns for his fourth outing as the world's most famous fictitious spy, and Sam Mendes is reportedly in the director's chair again after helming SkyFall, as well.

Fiat Chrysler execs, salaried employees taking pay cuts during coronavirus pandemic

Fiat Chrysler Automobiles' top executives and salaried workers around the globe will take pay cuts in an act of "shared sacrifice" brought on by the coronavirus pandemic that has shuttered the automaker's plants in Europe and North America, according to a company memo seen by Reuters. Chief Executive Officer Mike Manley said in the memo he will take a 50 percent pay cut for three months starting April 1, while Chairman John Elkann and FCA's board of directors will forego the remainder of their 2020 compensation. FCA said most global salaried employees will be asked to take a temporary 20 percent pay cut. "Protecting the financial health of the company is everyone’s responsibility and naturally starts with myself and the leadership of FCA," Manley wrote. Members of the automaker's group executive council will also take a 30 percent pay cut, according to the memo. Last week, No. 1 U.S. automaker General Motors said it planned to keep its plants closed indefinitely and was reducing the pay of salaried employees and executives and suspending some future product programs to conserve cash. GM's chief executive and chief financial officer issued a stark warning to company employees in an internal video, saying that "significant austerity measures" were needed to preserve the companyÂ’s long-term viability. Ford also said it was temporarily cutting top executivesÂ’ salaries.