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Stellantis expects to hit emissions target without Tesla's help

Franco-Italian carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla, its CEO said in an interview published on Tuesday. Stellantis was formed through the merger of France's PSA and Italy's FCA, which spent about 2 billion euros ($2.40 billion) to buy European and U.S. CO2 credits from electric vehicle maker Tesla over the 2019-2021 period. "With the electrical technology that PSA brought to Stellantis, we will autonomously meet carbon dioxide emission regulations as early as this year," Stellantis boss Carlos Tavares said in the interview with French weekly Le Point. "Thus, we will not need to call on European CO2 credits and FCA will no longer have to pool with Tesla or anyone." California-based Tesla earns credits for exceeding emissions and fuel economy standards and sells them to other automakers that fall short. European regulations require all car manufacturers to reduce CO2 emissions for private vehicles to an average of 95 grams per kilometer this year. A Stellantis spokesman said the company is in discussions with Tesla about the financial implications of the decision to stop the pooling agreement. "As a result of the combination of Groupe PSA and FCA, Stellantis will be in a position to achieve CO2 targets in Europe for 2021 without open passenger car pooling arrangements with other automakers," he added. Tesla's sales of environmental credits to rival automakers helped it to announce slightly better than expected first-quarter revenue this week. The next tightening of European regulations will soon be the subject of proposals from the European Commission. The 2030 target could be lowered to less than 43 grams/km. Related Video: Government/Legal Green Alfa Romeo Chrysler Dodge Fiat Jeep Maserati RAM Tesla Citroen Peugeot Emissions Stellantis

The Fiat 124 Spider configurator is live

Last week, Fiat released pricing on the new 124 Spider, and now the roadster's configurator is online. If you buy the Elaborazione Abarth version of the 124 ( elaborazione means 'processing,' which makes little sense to us), you'll probably be thinking about the leather/Alcantara Recaro seats. They're a $1,195 option that Mazda has no answer for on the MX-5 Miata, but adding them means making a big sacrifice, because you can't get the $3,995 Luxury Collection. The pricey package adds a range of desirable options, including leather (but not Recaro) sport seats, navigation, LED headlights, and a nine-speaker Bose stereo. So, you can either have all that good stuff, or you can get the Recaros. It's not an easy decision at all. The Abarth's other big package is the Safety and Comfort Collection. Its $1,495 price tag adds blind-spot monitoring with cross-traffic alert, rear parking sensors, heated exterior mirrors, and an auto-dimming interior mirror. You can only select this item if you go with the Recaros, since most of the stuff it adds comes with the Luxury Collection. Standalone options include a $1,495 set of Brembo brakes. The black hood decal, featured on both the Geneva and New York Auto Show cars, is conspicuous by its absence. The options lists are simpler for lesser 124 Spiders. The base Classica gets by with a $1,295 Technology Collection (seven-inch display audio, rear-view camera, and push-button start with keyless entry). The mid-range Lusso mirrors the Abarth's mutually exclusive packages, with an identical Safety and Comfort Pack. The $3,795 Premium Collection, meanwhile, offers all the same gear as the Luxury Collection for a little less money. Neither the Classica nor the Lusso offer standalone options. We promise the 124 Spider's configurator is better than whatever else you had planned for this Monday afternoon. Related Video: Related Gallery Abarth 124 Spider News Source: Fiat USAImage Credit: Fiat USA Auto News Fiat Car Buying Convertible Performance fiat 124 spider fiat 124 fiat 124 spider abarth

Fiat Chrysler taps Amazon, Shell execs to fill roles

MILAN — Fiat Chrysler Automobiles is tapping executives from Amazon and Shell Oil Company with previous automotive industry experience to fill its ranks. CEO Mike Manley said in a letter to employees Thursday that Mark Stewart would join FCA as chief operating officer of North America from Amazon, "a company known for its culture of innovation, and obsession with delivering incredible value to customers." At Amazon, Stewart led teams focused on advanced robotics, artificial intelligence and automation methods. He previously was COO of ZF TRW automotive components supplier. Niel Golightly was named head of global communications. He was most recently Shell's vice president for external relations in North and South America, with a focus on reputation, brand and stakeholder engagement beyond communication strategies. He previously held roles at Ford Motor Company. Related Video: Image Credit: REUTERS/Rebecca Cook Hirings/Firings/Layoffs Alfa Romeo Chrysler Dodge Fiat Jeep RAM FCA Amazon shell Mike Manley