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Fiat retraces its roots with 1957 Edition 500

A car like the Fiat 500 is nothing if not retro, but the Italian automaker is making it all the more so with the 1957 Edition seen here.
Marking 57 years since the iconic Cinquecento launched in 1957, this new special-edition 500 upgrades on the model's Lounge trim level with such unique touches as throwback 16-inch wheels, vintage-style badges on the nose and tail, and an interior decked out in brown leather with ivory trim and gray door panels. It comes in either white, light green or the baby blue pictured here, the latter two colors distinguished by contrasting white mirrors and roof.
Power comes from Fiat's 1.4-liter MultiAir four-cylinder engine mated to either a five-speed manual or six-speed automatic, with a sport-tuned suspension and premium audio as standard. A limited quantity - Fiat has yet to say how many it'll build - will begin arriving at dealerships in the spring, with pricing to be announced closer to launch. In the meantime, you can check out the images above and the press release below.

2013 Fiat Panda Antartica is crossover dressed as a penguin in a tuxedo [w/video]

If the results of our totally informal, completely unscientific poll are anything to go by, Americans are eager to get their hands on small utility vehicles like the Fiat Panda. And it's easy to see why - accessibility, relatively low price and 4x4 capability are traits that ought to work in America just as in the rest of the world. Indeed, Fiat has sold 500,000 or so Panda models over the past 30 years all across Europe.
Based on the Panda 4x4 Rock and updated with a special white, black and orange color scheme (called a tuxedo and inspired by a Penguin, apparently), fog lights and 15-inch alloy wheels, the Panda Antartica will soon hit European dealerships in limited quantities powered by either an 85-horsepower 900cc TwinAir engine or a 75-hp 1.3-liter diesel.
Take a look at it in our high-res gallery above, and be sure to scroll down below for a press release and the complete Fiat press conference from Frankfurt on video.

Chrysler nets $1.6B income in Q4, Fiat profit up 5%

Chrysler announced its 2013 financial results today and unveiled its new name and decidedly bank-like logo. Amid the announcement, Chrysler posted big gains in income, while Fiat didn't perform to analysts' expectations.
For 2013, Chrysler had revenue of $72.1 billion, up 10 percent from 2012. Net income reached $2.8 billion, a 65-percent increase. It was the company's third straight year of annual profits.
In terms of unit sales, Chrysler sold 2.4 million cars worldwide in 2013, up 9 percent. According to Automotive News, 1.8 million of those vehicles were sold in the US, a 14-percent increase. The sales growth boosted Chrysler's US market share to 11.4 percent, up 0.2 percent.