500 Cabrio. Grigio/bordeaux. 5spd. Alloy Wheels. Low Miles. on 2040-cars

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Fiat previews production 500X on Melfi assembly line

The Fiat assembly plant in Melfi, Italy, may not be one that appears on our radar that often. It's been in operation since 1993, but until recently only built the Punto - a model that's been around in its current form with few modifications for the better part of a decade, but hasn't warranted the transatlantic voyage to American showrooms. Fiat recently added to the Punto assembly line in Melfi the production of the new Jeep Renegade, but that's not all.
Soon the Renegade (which you can see being built in the background of the image above) will spawn the 500X, a small crossover based on the same platform but with what you can see will be a more rounded shape. Replacing the Sedici (a.k.a. SX4) that was jointly developed with Suzuki, the 500X will join the Cinquecento family alongside the 500 hatch, 500C convertible and 500L minivan, the latter on whose design we hope the 500X will prove a marked improvement.
Expect the 500X (or so it's expected to be called) to be revealed on July 4, which will mark not only the 238th anniversary of the US Declaration of Independence but also the 57th anniversary of the original 500's debut.

Fiat 500e EV starts rolling off the line for the American market

Unveiled in 2020, and announced for the American market in 2023, the electric Fiat 500e is headed to our shores. The first American-spec examples of the pocket-sized, retro-styled hatchback have rolled off the Mirafiori Assembly Plant located near the heart of Turin, Italy. At launch, the 500e range will include a single trim called (RED) Edition. It stands out with red-painted door mirror caps, LED headlights, 17-inch diamond-cut alloy wheels, and a red dashboard. While it's available in red, of course, buyers can also choose Tuxedo Black and Glacier White. It's reasonable to assume other trim levels will join the range later in the production run, but Fiat hasn't revealed its future plans yet. Although we haven't driven the American-market 500e yet, we took a spin in a European-spec model in 2023 and walked away impressed with the interior. It feels much nicer overall than the last-generation 500 (which retired from the American market in 2019 but remains available new in Europe), and it's packed with fun little design details such as the Turin skyline etched into the wireless charging pad's mat. Power for the 500e comes from a front-mounted electric motor linked to a 42-kilowatt-hour lithium-ion battery pack. The motor sends 118 horsepower and 162 pound-feet of torque to the front wheels, and the battery holds enough electricity to deliver up to 149 miles of driving range. That's not much, but Fiat notes the 500e was developed for urban buyers and says the model can charge to 80% in 35 minutes. Alternatively, a full charge takes 4 hours and 15 minutes when using a Level 2 charger; that's an advantage of using a small battery. The first examples of the 2024 Fiat 500e are scheduled to reach our shores by the end of the first quarter of 2024, and the first batch of dealer-allocated cars sold out in less than a week, though a specific number hasn't been revealed. Pricing starts at $34,095 including a $1,595 destination charge and excluding incentives. Every 500e will come with a Level 2 charger or charging credits at public stations.

Merged PSA and Fiat would retain all brands, Tavares says

By Elisa Anzolin and Gilles Guillaume PARIS/TURIN, Italy (Reuters) - Peugeot maker PSA Group and Fiat Chrysler would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief executive of the combined group said on Friday. PSA CEO Carlos Tavares, seen as the architect of PSA's turnaround and in line to take the operational helm in the Fiat tie-up, said in a TV interview that the companies complemented each other well geographically and in terms of technology and brands. FCA derives 66% of its revenue from North America compared with only 5.7% for PSA, Refinitiv Eikon data shows. Europe remains the main revenue driver for PSA. "There's no doubt it's a very good deal for both parties. It's a win-win," Tavares told France's BFM Business, in his first interview since the French and Italian companies announced plans to create the world's fourth-largest auto maker last week. Fiat Chrysler (FCA) Chairman John Elkann, who would chair the combined group, said on Friday at an event in Turin that the 50-50 share merger would help the Italian carmaker "seize great opportunities." The deal, which would help the firms pool resources to meet tough new emissions rules and investments in electric and self-driving vehicles, as well as counter a broader downturn in car markers, is still at an early stage. PSA and Fiat have said they aim to reach a binding outline in the coming weeks, but still face questions over potential job losses, as well as scrutiny over whether the transaction favors one party more than the other. Tavares said the brands that would come under the combined group's umbrella — PSA's five passenger car nameplates include Citroen, Vauxhall and Opel, while FCA has nine, including Fiat, Alfa Romeo, Maserati, Chrysler, Dodge and Jeep — were all likely to survive. "As of today, I don't see any need to scrap any of the brands if the deal came to pass. They all have their history and their strengths," Tavares said. Few carmakers have as large a portfolio, with German rival Volkswagen Group counting 10 passenger brands, if newer Chinese ones such as electric vehicle label Sihao are included. The merger will also require approval from anti-trust authorities. Tavares said he did not expect the companies to have to make major concessions to meet competition rules, but added they were ready to do so, without giving details.