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Stellantis and Ferrari boss is pitted against his own mother in Agnelli inheritance drama

  MILAN, Italy — A court in Turin is set to rule in the coming weeks on an inheritance dispute dividing the Agnelli family, the founders of the Fiat car company and arguably the best known of Italy's business dynasties. The case stems from the estate of Gianni Agnelli, the celebrated Fiat boss who was a symbol of Italy's post-war economic boom and who died two decades ago. It pits Agnelli's daughter Margherita, who inherited 1.2 billion euros ($1.3 billion), against three of her eight children including her eldest, John Elkann, the chairman of Ferrari and carmaker Stellantis. In the dispute that has riven one of Italy's elite families, Margherita is fighting to overturn agreements she signed after her father's death in order to eventually benefit her five children from a second marriage, sources close to her say. Should the Turin court decide in her favor, Margherita, who is 67 and Gianni Agnelli's only surviving child, could stake a claim to half of her late mother's estate and a share in the Elkann family business. The center of the dispute The dispute has its origins in an inheritance deal known as the "Geneva pacts" that Margherita, an artist and philanthropist, signed in 2004 after the death of her father the previous year and agreed to when Fiat was on the brink of bankruptcy. Under the first pact, Margherita received property, works of art and other liquid assets from Gianni's estate and renounced any future influence in the Dicembre (December) company, a key part of the ownership structure of Exor, the Agnelli-family holding. The pacts cemented John Elkann's position as Gianni Agnelli's chosen successor and effectively took his mother Margherita out of the equation. John Elkann, 47, now leads Exor, which owns slices of prestigious businesses and brands including national newspapers and the soccer club Juventus. The second pact covered what would happen to the estate of Margherita's mother Marella, who died in 2019 aged 91. Marella passed her Dicembre stake to three of her grandchildren, John, his brother Lapo and sister Ginevra, from Margherita's first marriage to journalist Alain Elkann. Margherita wants the pacts to be rescinded to be able to give her children with second husband Serge De Pahlen, a Franco-Russian former Fiat executive, a share of their grandmother's estate, sources close to her say.

2019 Fiat 500X refresh revealed for Europe

Jeep revealed the lightly refreshed Renegade subcompact crossover earlier this summer for the European market, so it's only natural that its fraternal twin, the 2019 Fiat 500X, would get a very similar type of makeover. Currently the refresh is only confirmed for Europe, but expect similar changes to arrive in the U.S. Visually, it's only subtly different. The headlights now feature LEDs for both accents and forward illumination, and they're slightly reshaped. The taillights are now rings that have body-color inserts in the middle, similar to those of the regular Fiat 500. The rest of the body is pretty similar to the current one, but a number of character lines have been given sharper creases. The interior is also pretty much the same except for a revamped instrument cluster. The big changes, as with the Renegade, are under the hood. Three gasoline engine options will be available, two of which are turbocharged. The smaller of the turbo engines is a 1.0-liter three-cylinder engine making 120 horsepower and 140 pound-feet of torque. The larger turbo engine is a 1.3-liter four-cylinder engine making 150 horsepower and 199 pound-feet of torque. Interestingly, there's no 180-horsepower version of the 1.3-liter engine listed, as there is with the Renegade. There's also a naturally aspirated 1.6-liter four-cylinder making 110 horsepower that's a carryover from the old model. Diesel engines will continue to be available on the 500X as well. They're all four-cylinder engines in 1.3-, 1.6-, and 2.0-liter displacements, from 95 horsepower up to 150 horsepower. Four transmissions are available to connect to these engines. They include a five-speed manual, a six-speed manual, a six-speed dual-clutch transmission and a nine-speed automatic. Front- or all-wheel drive is also available. Of the powertrains available for the European market, the turbocharged gas engines are probably the only ones coming to the U.S. Pricing hasn't been listed for any markets, but expect that and U.S.-market specific details to come later this year. Related Video: Featured Gallery 2019 Fiat 500X Euro-spec View 17 Photos Image Credit: Fiat Fiat Crossover SUV fiat 500x

Fiat 500e order guide shows $32,500 starting price for the U.S. market

UPDATE: After publishing this post, Fiat announced its Fiat Pass with some images of the 500e Red, one of the initial trims to ship to U.S. dealers. The pass is "a digital collectible that acts as a social VIN to unlock fun rewards and extraordinary experiences that celebrate the FIAT brand’s iconic heritage and its shared, sustainable future." The benefits of signing up for an as-yet-unknown price include priority access to order the 500e Red, digital art, "mobility credit" for driving the 500e, and "priority access to future vehicle releases." Here's a photo of the 500e Red, followed by the original post: Last year, Fiat said its cute, dinky 500e electric hatchback would go on sale here at the beginning of 2024. We're not far from the calendar's big turn. Fiat's U.S. site opens with a banner telling us, "Get ready to revel in the details," December 5 being the day to unlock 500e specs and to "Take a closer look at all-electric Italian engineering." While we wait, Cars Direct did its usual, finding an early order guide with an MSRP for the 500e: $32,500, excluding destination. If that's the number that ends up on window stickers, the electric two-door would fall between the two trims of the single ICE four-door Fiat currently sells here, the $30,245 500X Pop Techy Traveler and the $33,275 500X Sport Sporty Socialite. All prices exclude the destination charge unless noted. This MSRP also puts the 500e under all but four EVs on the market at the moment, the $28,140 Nissan Leaf, the $26,500 Chevrolet Bolt, and the $27,850 Bolt EUV, and the $30,900 Mini Cooper SE. In fact, $32,500 is less than the price of the bygone 500e; when it left the market in 2019, it cost $33,210. That's an ostensible difference of $710, however — and this might be the most frightening sentence we write all day — the U.S. Bureau of Labor Statistics CPI Inflation Calculator tells us that $33,210 in May 2019 is equivalent to $39,898.76 in October of this year. We only have European specs to go on until December 5. In Italy, the 500e runs on a 42-kWh battery powering a single motor on the front axle capable of 117 horsepower but restricted to a maximum power rating of 94. Range on the WLTP cycle is 199 miles. Our EPA-rated range will be lower, although it should handily beat the 84-mile estimated range of the old car.