Sport Hatchback 1.4l Manual Cd Mp3 Bose Blue Tooth Warranty Forever We Finance on 2040-cars

Auto blog

Marchionne now considering 'Plan B' partners for FCA merger

Okay Sergio, just stop. With the sting of rejection from General Motors CEO Mary Barra still fresh, Fiat Chrysler Automobiles CEO Sergio Marchionne is moving on and trying to find another automaker to merge with. FCA may not be giving up hope on a merger with GM, but that doesn't mean it isn't at least considering alternatives. Sergio's so-called "Plan Bs" include the Volkswagen Group, as well as smaller Asian outfits, like Mazda, Honda, Suzuki, and Hyundai. Bloomberg reports that France's beleaguered PSA Peugeot Citroen could as a sort of "fallback" option due to its relative lack of volume, an unidentified source claimed. There are, of course, problems with each option. According to Bloomberg, Volkswagen expects complete control of a company, but the Agnelli family, which holds a large portion of FCA stock, is loathe to relinquish its stake in the company. On top of that, VAG just isn't looking to make a deal right now. Mazda, meanwhile, is enjoying a new partnership with Toyota and Suzuki is partially owned by VW. Honda and Hyundai have never expressed any interest in a partnership with a western automaker. That kind of just leaves the French then, but even that remains a long shot. As Bloomberg tells it, PSA boss Carlos Tavares is still working on a turn-around plan, and would want at least another six months to execute before even considering a deal with FCA. And even then, Tavares hasn't given any indication that he's considering a pairing. News Source: BloombergImage Credit: Paul Sancya / AP Chrysler Fiat GM Honda Hyundai Mazda Suzuki Citroen Peugeot Sergio Marchionne FCA Mary Barra psa peugeot citroen

Junkyard Gem: 1974 Fiat 124 Sport Spider

Fiat sold the Pininfarina-designed 124 Sport Spider in North America for the 1966 through 1980 model years, followed by a few years of importation by Malcolm Bricklin as the Pininfarina Spider. During the 1970s, these cheap and lightweight sports cars sold well, and enough of them still await oft-postponed restorations that plenty of them still show up in wrecking yards to this day. Here's a rusty but complete '74 in a Denver-area self-service yard. This wouldn't even count as real rust in Maine or Michigan, but it's a death sentence for a Denver Spider. According to the emissions-test sticker, it was driving in Colorado as recently as 1994. The inherent coolness of an Italian convertible keeps these cars around even after they break (which happens with great frequency), but their affordability makes owners reluctant to spend real money on fixing problems. This means that many thousands of 124 Sport Spiders sit in driveways, yards, and garages around the continent, awaiting repairs that (in most cases) will never come. Eventually, a spouse or landlord or homeowners' association has had enough, and the old Fiat project takes that final, sad tow-truck trip to the graveyard. The 1,756cc Twin Cam engine in this car was rated at 92.5 horsepower, which was decent power for a 2,128-pound car in 1974. The current Miata-based 124 Spider has 160-164 horses and weighs just a few hundred pounds more, but expectations have changed since the dark days of the Malaise Era. The 124 Sport Spider's main rival in North America was the venerable MGB. Both cars were notorious for reliability problems, but so what? Commuting in an affordable little European convertible was way more fun than chugging around town in a Corolla or Pinto. In 1974, the 124 Spider had a $4,395 price tag (about 23 grand today), and the MGB cost a mere $3,925. The MGB was heavier and had just 78.5 horsepower from its sturdy-but-primitive pushrod engine (yes, British Leyland claimed the half-horse instead of rounding down), but was much more solidly built; if not for the flaky electrical system made by The Prince of Darkness, the MGB would have obliterated the 124 Spider in the dependability department. I always grab these beautiful metal-and-glass warning lights when I find them in junked Fiats; I have installed them in everything from Impala instrument panels to homemade car-parts boomboxes. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Maserati and Lamborghini pull out of Iran

Daimler is out, Toyota is out, Porsche is out, Hyundai, PSA Peugeot-Citroën are out and when it comes to selling cars in Iran, now Maserati and Lamborghini are out, too. The definitive pullouts of those last two automakers are said to be reactions to a press conference held by a group called United Against Nuclear Iran (UANI). The group highlights businesses that sell in both the US market and Iran, and works to get those businesses to choose one market or the other.
UANI said it had sent letters to Maserati and Lamborghini about their dealings in Iran, but that the letters went unanswered. Mark Wallace, head of UANI and a former US ambassador to the United Nations, held a press conference in October of last year that referenced the two companies. Apparently Lamborghini contacted Wallace just after the press conference and told him "they were out, they weren't doing any business in Iran anymore."
Discussions with Maserati then took place, and the Italian automaker said it had been out of Iran ever since Fiat announced it was leaving the country in May 2011. UANI said Maserati had been in talks with an Iranian distributor, however, and that distributor was continuing to use the Maserati name. The carmaker has since cut all ties with Iranian interests and has prevented its name from being used, adding that its new models will not be able to be sold there because they won't pass regulations the country's regulations.