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New 2019 Fiat 500X bows with standard AWD, 1.3-liter turbo four

Fiat is unveiling the U.S. version of the new 2019 500X all-wheel-drive subcompact crossover this week in Los Angeles, and it deviates slightly from the European refresh version we previewed in August and its U.S. predecessor, with a new engine and standard all-wheel drive. Instead of the three gasoline engines on offer across the pond or the two stateside, U.S. consumers will get a standard 1.3-liter, direct-injection turbocharged engine that produces 177 horsepower and a best-in-class 210 pound-feet of torque. Those are higher output figures than either the comparable European 1.3-liter or the 1.4-liter, and they compare with the 180 hp and 175 lb-ft offered by the outgoing 2.4-liter Tigershark engine. The new four-cylinder is fitted with stop-start technology and the third generation of FCA's MultiAir valve-actuation technology, which controls intake-valve timing and opening to recycle exhaust gas to offer improved power and fuel efficiency. Also reflecting American trends — and don't let the gear shifter knob fool you — there's no manual transmission on offer, with power instead mated to a nine-speed fully electronic automatic transmission. Three driving modes are on offer: a baseline Auto, performance-oriented Sport, and Traction +, which maximizes low-speed traction. Looks-wise, the basics are the same, with sharper creases, new LED head- and taillights, and redesigned front and rear fascias. The U.S. version continues the plastic body cladding defining the grille surround, a shape echoed at the rear. There are three wheel options — 17-inch silver aluminum for the Trekking model, 17-inch matte black machined wheels for the Treeking Plus, and 18-inch matte anthracite machined aluminum for Trekking and Trekking Plus (Pop is the entry-level trim). There are also three new exterior colors: Italia blue, green and ivory. Fiat designers refreshed the cockpit with new seat fabrics, a new instrument cluster and a new steering wheel with mounted radio controls. It comes with standard Connect 4 with a 7-inch touchscreen radio with Apple CarPlay and Android Auto and Bluetooth features. Safety features include blind-spot monitoring, rear cross path detection and a rear backup camera with dynamic grid lines. Adaptive cruise control is offered as an option. The 500X will start at $25,785 including destination when it goes on sale next spring. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences.

China's Geely says it has no plan to buy Fiat Chrysler — as FCA stock leaps

HONG KONG — Chinese carmaker Geely Automobile denied media speculation on Wednesday that it planned to make a takeover bid for Fiat Chryslerk Automobiles (FCA), the world's seventh-largest automaker. Geely was one of several Chinese carmakers cited in by Automotive News, which said representatives of "a well-known Chinese automaker" had made an offer this month for FCA, which has a market value of almost $20 billion. "We don't have such a plan at the moment," Geely executive director Gui Shengyue told reporters at an earnings briefing, when asked if Geely was interested in Fiat. He said a foreign acquisition would be complicated, but he did not elaborate. "But for other (Chinese) brands, it could be a fast track for their development," Gui added. However, a source close to the matter said FCA and Geely Automobile's parent firm, Zhejiang Geely Holding Group, had held initial talks late last year, without disclosing their nature. The source confirmed Geely was no longer interested in FCA, noting that the parent company had only three months ago announced its first push into Southeast Asia with the purchase of 49.9 percent of struggling Malaysian carmaker Proton, a deal that also included a stake in Lotus. Geel's denial failed to dent FCA's stock. The price of its Milan-based shares has jumped more than 10 percent to a 19-year high since Automotive News first reported on Monday, citing unnamed sources, that FCA had rejected the Chinese offer as too low. FCA stock on the New York Stock Exchange rose sharply on Monday from $11.60 to $12.38 and on Wednesday was trading at $12.84. FCA declined to comment on Wednesday. FCA Chief Executive Sergio Marchionne has repeatedly called for mergers as a way of sharing the costs of making cleaner, more advanced cars, but he has repeatedly failed to find a partner and retreated from his search for in April, saying FCA would stick to its business plan. He has also spoken of spinning the successful Jeep and Ram divisions off from FCA. Europe's largest carmaker, Volkswagen, and General Motors have both said they are not interested in talks with FCA. On Wednesday, Geely Automobile reported a doubling of first-half profit, above expectations, as cars designed with Sweden's Volvo won over domestic consumers. Volvo is a unit of the Zhejiang Geely group, and has recently announced it will share its technology with Geely.

Fiat Chrysler faces $79 million U.S. penalty for fuel economy shortfall

WASHINGTON — Fiat Chrysler Automobiles NV on Wednesday said it faces a $79 million U.S. civil penalty for failing to meet 2017 fuel economy requirements, as regulators reported more automakers were falling short of U.S. greenhouse gas emissions standards. The Italian-American automaker said the payment is not expected to have a material impact on its business. Of 18 major carmakers in the United States, 13 including Fiat Chrysler failed to comply with fuel economy and greenhouse gas emissions standards for the 2017 model year without using credits, according to the National Highway Traffic Safety Administration (NHTSA). The agency said its review of model year 2017 vehicles showed "automakers falling further behind current standards." The 2017 model fleet fell 1 1/2 miles per gallon short of the 33.8 mpg standard based on yearly performance without including credits, NHTSA reported. The shortfall was a half-mile per gallon for the 2016 model year. NHTSA said more automakers were failing to comply with standards for the 2018 and 2019 model years, "and the potential penalties on automakers, which are passed along to consumers, are expected to continue to increase." The Trump administration has used the widening gap between the emissions of automakers' U.S. fleets, which are skewing toward larger vehicles, and national vehicle CO2 emissions standards to bolster its case for freezing vehicle emissions and mileage standards at current levels through 2026. Environmental groups and regulators in California and other states are fighting against any rollback in standards, saying tough rules are needed to address climate change and reduce consumer outlays for fuel. NHTSA and the Environmental Protection Agency are working to finalize as early as next month a rewrite of the Obama administrationÂ’s fuel efficiency requirements, which call for sharp reductions in fleet-wide emissions by 2026. Fiat Chrysler is paying fines for the shortfall in its domestic passenger car fleet, which includes several front-wheel-drive Jeep and rear-drive Dodge SUVs and some sedans and muscle cars. The automaker killed its slow-selling domestic small and midsize sedans. After paying $77.3 million last year for a 2016 model year fuel-economy shortfall, a Fiat Chrysler spokesman confirmed Wednesday the company had received a letter on the 2017 penalty and has 60 days to pay the fine.