2013 Fiat 500c Lounge on 2040-cars

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Fiat Chrysler joins open pool with Tesla to avoid paying EU emissions fines

According to a report from the Financial Times, Fiat Chrysler has agreed to pay Tesla "hundreds of millions of euros" in order to pool their fleets together in Europe. This move will reportedly allow FCA to use Tesla's zero-emission vehicle sales to offset fines it would have to pay for failing to meet European Union carbon emissions rules, which fall to 95 grams per kilometer starting next year. According to the report, FCA joined a so-called open pool with Tesla on February 25. The electric car company created the pool and gave other automakers "the chance to join" three days prior. The pool will be valid "for several years," according to Julia Poliscanova, a senior director at the Transport & Environment lobbying group. Toyota and Mazda apparently created a similar pool on the same day, but that agreement doesn't elicit quite the same eyebrow raise since Toyota owns a five-percent stake in Mazda. It's not clear exactly how much money FCA will pay Tesla through this arrangement, but similar deals have been part of Tesla's financial strategy for years. FT reports Tesla earned more than $100 million by selling electric vehicle credits in the United States last year and close to $300 million the prior year.

Stellantis and Toyota expand partnership with large commercial van

Stellantis said on Monday it would expand its partnership with Toyota Motor Europe (TME) with a new large commercial van, including an electric version. Stellantis will supply TME, a unit of Japan's Toyota Motor Corp, with the new vehicle for sale in Europe under the Toyota brand, it said. The van will be produced at Stellantis plants in Gliwice, Poland, and Atessa, Italy. "Planned for mid-2024, the new large-size commercial van marks TME's first entry into the large-size commercial vehicle segment," Stellantis added in a statement. The deal widens the partnership between the two companies and allows a better optimization of Stellantis' Atessa plant, which currently makes large vans sold under the Peugeot, Citroen and Fiat marques. "It represents an important addition and completes our light commercial line-up for Toyota's European customers," Stellantis said. Paris-listed shares in Stellantis were up 1.6% by 0941 GMT. Carmakers have increasingly been agreeing cross-manufacturing deals to reduce costs in vans, which due to a boom in parcel delivery are seeing large demand — and where electric vehicle versions are also seeing rising sales to carry out "last-mile" deliveries in city centers. Green Fiat Toyota Citroen Peugeot Minivan/Van Commercial Vehicles Electric

Listen to the 2019 Fiat 124 Spider Abarth's gravelly growl

While they share most of the same underpinnings, there's more to differentiate the 2019 Fiat 124 Spider Abarth from the Mazda MX-5 than just styling. It features a Fiat-designed and built turbocharged 1.4-liter four-cylinder instead of the Mazda's naturally-aspirated 2.0-liter engine. And for the Abarth specifically, it has an amazing exhaust note courtesy of a Record Monza exhaust system. The upgraded exhaust is a standard feature on 2019 Abarth models, and it alone is worth considering the more aggressive-looking performance-oriented 124 variant. It gives the roadster an angry burble at idle, that turns into a gravelly growl as the revs rise. It's not quite as rorty as the straight-pipe system in the 500 Abarth hatchback, but it's close. The volume is pretty loud, but not so much that you'll set off car alarms. You can hear the various sounds in the video above that features start-up, idle, acceleration and free-revving.