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Chrysler IPO to be filed as early as this week

An initial public offering for the Chrysler Group could happen this week, following Sergio Marchionne's comments to Financial Times in London, according to a report from The Detroit News. Fiat, which owns 58.5 percent of Chrysler, has been in a battle with the UAW retiree healthcare trust over its minority stake in the company. While the automotive union recognizes its role as a temporary shareholder, the two couldn't come to an agreement on how the shares should be priced.
As Marchionne explained to FT, a Chrysler IPO allows the market, rather than the two competing sides, to determine the value of the shares. The public offering is a risky move, which could potentially hang one side out to dry - if the shares go high, it's bad news for Fiat, but if they go low, the UAW stands to lose. Regardless of where the stock prices go in an IPO, though, it's a move that's being supported by analysts, who are quick to cite Chrysler's near-constant growth and a product lineup that is getting healthier with each new introduction.

These are the 'Greenest' and 'Meanest' cars in 2015

As has become tradition, the American Council for an Energy-Efficient Economy (ACEEE) has come up with a ranking of what it refers to as the "greenest" cars of 2015, and, by way of contrast, a list of the so-called "meanest" cars, so those who value eco-friendliness over all else can choose which vehicles they should or should not consider buying. As you may expect, electric cars make up the majority of the greenest cars on the list, but, perhaps surprisingly to many, the Tesla Model S didn't make the cut. It's worth noting, too, that where the electricity an owner uses to charge their electric vehicle has a big impact on its overall environmental impact. "A car that is charged using electricity generated from natural gas or renewables is going to have significantly less impact on the environment than one charged on a coal-heavy grid," says ACEEE lead vehicle analyst Shruti Vaidyanathan. The ACEEE's list for 2015 looks very different than it did in 2014. It's an interesting collection, though – and we're sure this goes without saying, really – we'd recommend doing a bit more research into each vehicle and how it might fit into your daily life before making any purchase decisions. Click here to see the ACEEE's list of the Greenest and Meanest vehicles sold in the United States in 2015. Green Bugatti Chevrolet Fiat GM GMC Mercedes-Benz Nissan RAM smart Toyota greenest greenest cars

2024 Fiat 500e adds special models for fans of rose gold and sweet tunes

The 2024 500e is nearly here, and before its grand launch, Fiat revealed a pair of special editions that’ll be joining the lineup toward the end of the year. TheyÂ’re called the “Inspired By Beauty” and “Inspired By Music” models. Starting with the 500e Inspired By Beauty (seen in the photo gallery at the top), itÂ’s painted in an exclusive Rose Gold color you wonÂ’t be able to get on any other 500e. The shade is rather stunning, so itÂ’s safe to say the name matches its actual appearance. This model also gets body-color mirror caps and chrome molding to differentiate it from other models. Inside the Inspired By Beauty, Fiat treats you to beige “eco-leather” seats and a contrasting black dash also wrapped in eco-leather.  The Inspired By Beauty model adds new driver assistance features that other versions of the 500e donÂ’t have, including adaptive cruise control and lane-keep assist. Thankfully, the second special model Fiat released today also has the above driver assistance features, too. 2024 Fiat 500e Inspired By Music front 3/4 View 23 Photos This one (directly above) is called Inspired By Music, so listen up, audiophiles. This model gets a JBL premium sound system consisting of seven speakers, an amplifier and a subwoofer. It has four unique sound modes in the infotainment system including My Music Room, My Recording Studio, Giuseppe Verdi Opera House Pisa and Open-air Arena. Each have their unique characteristics and are meant to represent the sound experience you might have in each location. Appearance-wise, the Inspired By Music wears a shiny coat of Piano Black (yes, another intentional music reference) paint and the same beige eco-leather color combo as you see in the Inspired By Beauty model. Both of these special models have the same starting price of $37,595, including the $1,595 destination charge. Fiat says you can expect them to hit dealerships in the third quarter of 2024, but theyÂ’re both available for ordering today. Related video: