2014 Fiat 500l Trekking on 2040-cars

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Marchionne's FCA-GM merger might come after Ferrari spinoff

Sergio Marchionne is continuing to rumble about working out a merger with General Motors, but don't expect anything big to happen before at least early next year. That's because Marchionne would likely wait for the Ferrari spin-off to be complete before beginning his next big deal, according to Automotive News. While the Ferrari IPO on the New York Stock Exchange is expected in the coming weeks, that only concerns 10 percent of the shares. The remaining 80 percent of stock is being distributed among shareholders in 2016. Piero Ferrari holds the final 10 percent with no intention to sell. This strategy allows FCA to claim 80 percent of the Prancing Horse's profits in the automaker's 2015 financial results. According to Automotive News, the tactic has other advantages, as well. FCA would be flush with cash by waiting for the spin-off to be complete, and it would keep Ferrari separate if a GM merger actually happens. Marchionne thinks Ferrari could be valued at over $11 billion in the IPO, and it could make FCA $3.3 billion richer when complete. Marchionne believes a combined FCA/GM could sell 17 million vehicles a year globally and rake in $30 billion in earnings. In the CEO's opinion, the two automakers are wasting money by developing components to do the same things on their vehicles. Although, so far the General's top execs are rebuffing all of his advances.

FCA recalls Fiat 500e to fix cruise control

Fiat is recalling almost 4,000 of its 500e electric vehicles because of a malfunction related to the model's cruise-control feature. The glitch causes the car's powertrain to be put into neutral under certain situations. It's the second recall on the 500e this year. Specifically, Chrysler-Fiat is recalling 3,975 cars. The issue is that the car's system can misread the motor's torque figures in cruise control, causing the sprightly EV to mistakenly shift into neutral in what was designed as a safety-precaution measure. The good news is that restarting the vehicle gets the car back to normal, but being dropped into neutral in highway mode is certainly no fun. Chrysler-Fiat said in a statement this week that it was "unaware" of injuries, accidents, or customer complaints caused by the issue. In April, the 500e was subject to a recall that impacted about 5,600 vehicles and stemmed from a March 2015 update. The update allowed the car to go into so-called "Limp Home Mode" to better extend range. The problem is that it inadvertently caused the car to stall. Range anxiety, indeed. Take a look at Chrysler-Fiat's press release on the most recent recall below. Related Video: Statement: Software Upgrade June 9, 2015 , Auburn Hills, Mich. - FCA US LLC is voluntarily recalling an estimated 3,975 cars to upgrade cruise-control software. A review of warranty data led to an investigation by FCA US LLC engineers. The investigation discovered certain Fiat 500e hatchbacks were inadvertently equipped with software that may misread torque levels generated by their motors, causing them to shift into neutral – a prescribed failsafe mode. This condition may occur only while cruise-control is engaged and the driver attempts to override the feature with accelerator-pedal applications or rapid tapping of the accelerate/decelerate buttons. Restarting the vehicle restores normal function. The campaign is limited to certain model-year 2013-2015 vehicles. The Company is unaware of any related injuries, accidents or customer complaints. New software will be available when affected customers are advised of this action by FCA US. Service instructions are being sent to FCA US dealers today. Customers with questions may call the FCA US Customer Information Center at 1-800-853-1403.

This 6-wheel Fiat 500 C is way cooler than any 6x6 G-wagen

Now that seemingly everyone and their mom has a 4x4 pickup truck, some have turned to six-wheel beasts like the Mercedes G-wagen 6x6 in order to stand out. But with those trucks also fast becoming a cliche, we present this charming alternate take on the idea: this 1950 Fiat 500 C, a six-wheel truck that is guaranteed to be the only one of its kind parked outside of even the most painfully hip club in Miami. Although, when you have this truck, there's no need to go to any trendy watering hole — the party comes to you. You see, this Fiat was built as a mobile wine bar, selling red, white, vermouth, and Marsala in Italy (at what appear to be bargain prices). This Fiat plied its trade in the Italian province of Cuneo, which is roughly midway between Turin and Nice, France. The truck was converted in 1950 by Turin-based Ollearo Company. The body originally was metal but was changed to wood during a restoration carried out in the 1990s. Under the hood is a 16-horsepower 569cc 500B engine, and we're told it will need some recommissioning after longtime museum storage. That presents the perfect opportunity to add a supercharger, perhaps. Or drop in an LS1 V8. Your chance to grab this Fiat is coming March 25, when the rare truck will cross the auction block at the Aste Bolaffi Classic Motor Vehicles sale in Alessandra, Italy. La dolce vita, indeed.