***extremely Clean 1970 Fiat 500 L*** on 2040-cars

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Stellantis could turn the Fiat 500e into a gasser in Europe

How do you solve a problem like electrification? Sometimes the solution is to consider going back to internal combustion. Automotive News Europe, via Italian newspaper Il Corriere della Sera, reports that Stellantis has asked suppliers for quotes on increasing Fiat 500e production by 100,000 units annually, at the Mirafiori, Italy, plant that builds the electric mini car. The twist in the plot is that plant reps told ANE the additional production would be for an ICE-powered 500, not the battery-electric version. See, Fiat has three challenges with the 500. The first is that 500e isn't hitting the production marks the parent company sought, 90,000 units per year; sales the past two years have been in the 77,000-unit range. The second is that the ICE-powered 500, built in Tychy, Poland, and still the 17-year-old mini car that's slightly smaller than the 500e, can only be sold in Europe until June; that 500 will fall afoul of the same cybersecurity regulations that are shuffling the Porsche Cayman, Boxster, and Macan off the European market. The third is national pride: Italy, and Mirafiori plant workers, want to maintain elevated production figures from the country's only mass-market automaker, and no one's sure the 500e will be able to do that.  Hence the exploration into the costs of alternatives. One idea — stress being on the fact that this is only an idea — is to re-engineer the electric-specific 500e platform to accept a mild-hybrid gas engine. The Mirafiori plant would still build the 500e, and it would add 100,000 units or so of a gas-powered 500. In Europe, the gasser 500 still does numbers. Transport industry JATO Dynamics said that including Abarth models, Fiat sold 108,943 units of the ICE-powered 500. If Stellantis saw fit to spend the money, the rumored engine candidate is the 1.0-liter FireFly three-cylinder, used in the sister Panda mini car, making 69 horsepower in that application.  The cost-benefit calculations run up against at least a couple of walls, one being that if Stellantis went ahead with the plan, the resulting car wouldn't hit the market until late 2025 at the earliest, perhaps two years, according to observers. Fiat also hasn't stepped back from its stated goal of being an EV-only maker in Europe by 2030, leaving a new, gas-powered 500 only four years to pay for itself, at most.

Strike looms for FCA workers as soon as Wednesday night

A strike is on the very near horizon for at least some United Auto Workers members at FCA US. On October 6, the union sent a letter to the automaker that officially announced the termination of its agreements with the company as of 11:59 PM on Wednesday, October 7. Assuming that a deal or extension hasn't happened by that time, workers could hit the picket line. While neither side is talking much publicly, it does appear that negotiations are still underway. In a very brief statement, the automaker simply says: "FCA US confirms that it has received strike notification from the UAW. The Company continues to work with the UAW in a constructive manner to reach a new agreement." The UAW seems equally receptive, and it says in a post on Facebook: "Negotiations with FCA continue. Your bargaining team is hard at work and we will continue to post updates when there is more to report." If a strike happens, it could put a serious financial burden on FCA US. Economist Sean McAlinden from the Center for Automotive Research estimates the cost at as much as $40 million per week, according to Reuters. The union hasn't clarified at this time whether all of its workers with the automaker would stop working or if the picket lines would only be at specific plants. The first tentative agreement posted to UAW members working with FCA US utterly failed in voting. Raises and a healthcare co-op would have been among the new benefits. However, the employees were upset that the proposed deal retained a two-tier wage structure, and they also didn't like the lack of details about rumors of major production changes.

GM, FCA retain financial advisors amid merger rumors

Well, here we go again. Despite allegedly shutting down the idea of a merger, General Motors has retained financial advisors to, well, advise it on Fiat Chrysler Automobiles' advances. GM brought in New York-based Goldman Sachs, while FCA is currently working with Switzerland's UBS. Another source told Reuters that GM was working with Morgan Stanley, as well. But what does all this mean? Well, as we know, FCA boss Sergio Marchionne still has his eyes set very much on merging his automaker to combat what he claims are the prohibitive costs that come from developing today's vehicles. And while GM has said "no thanks," to a merger, the FCA boss is still looking to shareholders of the world's third-largest automaker to force the issue. Rather than a sign of an impending merger, voluntary or otherwise, between the two automotive powers – analysts called a hostile move by FCA "beyond ambitious," after all – retaining financial advisors on both sides could be viewed as just good business. News Source: ReutersImage Credit: Paul Sancya / AP Chrysler Fiat GM Sergio Marchionne FCA