2013 Fiat 500 Sport on 2040-cars

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Fiat Chrysler posts record Q3 profit thanks to U.S. trucks and Jeep

MILAN — A rebound in car production in Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels. The Italian-American automaker, which is finalizing its full merger with French rival PSA Peugeot, reported a net profit in the three months ending Sept. 30 of $1.4 billion (1.2 billion euros). That compares with a loss of 179 million euros a year earlier. The carmaker reported adjusted earnings before tax and interest in North America of 2.5 billion euros. That offset deepening losses in Europe, Asia and at its Maserati luxury marquee. Latin America, the only other region to post a profit, saw it narrow by two-thirds to 46 million euros. “Our record results were driven by our teamÂ’s tremendous performance in North America,” CEO Mike Manley said in a statement. Overall, the carmaker said global earnings before tax and interest were a record 2.3 billion euros despite a 6% fall in revenues to 26 billion euros. Global shipments were down 3%, due largely to plant retooling in North American to produce the new Jeep Grand Wagoneer in the luxury SUV segment and the discontinuation of the Dodge Grand Caravan classic minivan. Fiat Chrysler announced earlier Wednesday that its merger with PSA Peugeot is on track to be finalized by the end of the first quarter of 2021, as planned. To meet regulatory concerns, the French carmaker is selling a small stake in a components maker to get below 40% ownership. The new automaker, to be called Stellantis, will be the fourth biggest producer in the world. Earnings/Financials Chrysler Dodge Fiat Jeep RAM Citroen Peugeot

Abarth Classiche 1300 OT revives the Alfa Romeo 4C for one last hurrah

The Alfa Romeo 4C is back from the dead. Well, at least partially. This Abarth Classiche 1300 OT doesn’t wear an Alfa Romeo badge, but itÂ’s effectively a re-bodied and re-jiggered 4C built with an eye to the past. Limited to only five examples, the Classiche 1300 OT is part of StellantisÂ’ “Reloaded by Creators” project that aims to reinterpret beloved cars of its past in a modern form. This time, the model is the Fiat-Abarth OT 1300 race car from 1965. WeÂ’ll put new and old side-by-side below for you to critique how Abarth did. One of the original carÂ’s most distinctive features was the big periscope atop the roof meant to cool the cabin while racing, and Abarth made a small attempt at recreating it with a little scoop atop the roof. Its hood features a scoop that looks a little like the originalÂ’s, and you can see similar inspiration found for its rear taillghts. All that said, this re-body job doesnÂ’t really go far enough to make you forget itÂ’s actually just an Alfa Romeo 4C underneath. You may recall a similar attempt made a few years ago with the Abarth 1000 SP that used the same formula, but instead was based on the 4C Spider. Technical details are practically non-existent for this new Classiche 1300 OT, but we suspect itÂ’s powered by the same 1.7-liter turbocharged four-cylinder as the 4C was and cracks off shifts via a six-speed dual-clutch gearbox. We donÂ’t know the curb weight, but Abarth says all of its body is now made of carbon fiber, so itÂ’s likely to be even lighter than the standard 4C. If weÂ’re lucky, Abarth has done some re-tuning of the powertrain and suspension to differentiate how it drives compared to the 4C. And if you want one of these creations, Abarth says ordering is open now, but remember, only five are ever going to be built.

Fiat 500 Cattiva coming in Q4, priced from $18,350*

When it comes to the 2013 Fiat 500 Cattiva, we already knew that the show car would make it into production, we just didn't know when... until now. Fiat has announced that the "naughty" 500 Cattiva will be unveiled at the Concorso Italiano in Monterey, CA, and it will go on sale in the fourth quarter of this year, with models based on either the 500 Sport or 500 Turbo. Pricing will start at $18,350 for the Sport Cattiva - *not including $800 for destination - with the Turbo commanding an extra $2,000.
Looking almost identical to the concept car we saw earlier in the year at the Detroit Auto Show, the Fiat 500 Cattiva will have a custom look with its blacked-out headlights and taillights, 16-inch wheels and gloss black-painted roof and liftgate spoiler. The Cattiva also features a matte black instrument panel, black and gray seats (cloth is standard, leather is optional) and a leather-wrapped shift knob and steering wheel. Scroll down for Fiat's official press release on this car, and stay tuned for live coverage of the car's unveiling this Friday.