1966 Fiat 500 on 2040-cars

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How GM ended up suing its crosstown rival Fiat Chrysler

DETROIT — Automakers sue each other on occasion, but no one in Detroit can remember one accusing another of bribing union officials to get an unfair labor cost advantage. Yet thatÂ’s what happened Wednesday when General Motors filed a federal racketeering lawsuit against Fiat Chrysler Automobiles. ItÂ’s based on a widening federal investigation into corruption involving officials of the United Auto Workers union, and shortly after the lawsuit was filed, the unionÂ’s president Gary Jones stepped down. The 95-page complaint could affect ongoing contract talks between the union and Fiat Chrysler, the lone automaker of DetroitÂ’s big three thatÂ’s still in negotiations. It also could cause jitters with French automaker PSA Peugeot, which has reached an agreement to merge with the Italian-American automaker. Here are some questions and answers about the lawsuit and its impact: Why did GM sue? GM alleges that Fiat Chrysler senior executives, including now-deceased CEO Sergio Marchionne, paid $1.5 million in bribes to UAW officials for nearly a decade and corrupted the bargaining process with the union in the 2009, 2011 and 2015 contracts to gain advantages over General Motors. The lawsuit says that because of the bribes, which were funneled through a joint UAW-Fiat Chrysler training center, the union allowed Fiat Chrysler to use more lower-paid temporary workers. Also, FCA in 2015 did not have to limit the number of newly hired workers who make less and get lower-cost benefits than older workers hired before 2007. GM contends it couldnÂ’t negotiate similar union concessions that FCA was able to get through bribery. GM could only hire a limited number of temporary and lower-paid new workers, called “second tier” workers, which unfairly increased its labor costs by billions of dollars. It alleges the higher labor costs had another purpose — to force GM into a merger with FCA that Marchionne wanted. GM did wind up with higher labor costs, which until the lawsuit had not been linked to the federal corruption probe. Before contract talks with all three automakers began last summer, the Center for Automotive Research, an industry think tank, determined Fiat ChryslerÂ’s total hourly labor costs including wages and benefits were about $55 per hour, $8 less per hour than GM and $6 lower than Ford. At a Wall Street conference in New York on Thursday, GM CEO Mary Barra said her company can compete on a level playing field.

Fiat to reveal new 500 on July 4

Fiat has announced that it will reveal a new 500 on July 4 – now just a few weeks away - and just one day after we saw spy shots of the prototypes undergoing testing. The date is not only significant for the American side of the Fiat Chrysler Automobiles group, but for the Italian one as well. In 1957, Fiat rolled out the original Cinquecento in Turin on July 4. Of course a lot has happened since then, and several generations of the 500 have followed. The current model was introduced in 2007, and has since reached over 100 markets around the world with over 1.5 million sold. Since the introduction of the current 500 hatchback, Fiat has rolled out the 500C with an opening roof panel, the 500L for hauling families, and the 500X crossover – to say nothing of the Abarth performance models. As the 500L and 500X aren't directly related to the hatchback, however, they'll likely carry over in their current form after the three-door model is replaced next month. Fiat will be introducing the New 500 on 4 July The countdown to 4 July, the birthday of the iconic 500, has started. It is an important anniversary and this year there will be a great surprise for the millions of fans all over the world who drive it, want it or just admire it. The New 500 is coming and it will be revealed precisely on 4 July, during an unforgettable event. Born in Turin on 4 July 1957, the 500 was revamped in 2007 and since then it has offered the public something new every year. Marketed in more than 100 countries in the world and with more than 1.5 million registered vehicles, the iconic Fiat never ceases to amaze and surprise people with its countless versions and interpretations. Turin, 10 June 2015 Related Video:

Junkyard Gem: 1981 Fiat Spider 2000

Fiat gave up on the American market after 1982, not returning until nearly three decades later, but dealers here still had brand-new 124 Sport Spiders available all the way to the end. Starting in the 1979 model year, this car became known as the Spider 2000; that's what we've got as today's Junkyard Gem, spotted in a Denver-area self-service yard last month. The 124 Sport Spider made its debut in 1966. Since it was built on the same platform as the 124 sedan, it is thus cousin to the original VAZ-2101 Lada. I've always liked the trunk lock that hides in the final zero of the engine-displacement badge. The 124 Sport Spider sold very well in the United States during the 1970s (in fact, this car was available only in the North American market during the latter half of that decade), and I've found quite a few examples during my junkyard travels over the years. After Fiat departed our shores in 1982, Malcolm Bricklin continued selling these cars (with Pininfarina Azzurra badging) through 1985. This one is in much nicer condition than any 124 Sport Spider I've seen in many years, maybe stretching back to the era when you could still buy these cars new. There's fairly recent body-straightening work, suggesting that someone undertook a restoration effort. This may even be a new-ish convertible top. Power came from this Fiat Twin Cam engine, rated at 102 horsepower in 1981. The 124 Sport Spider's long-term rival in the American market, the MGB, had its last model year in 1980, with the Triumph Spitfire departing at the same time. That left the much more expensive ($14,895 versus $9,899, or $49,500 and $32,895 in 2022 dollars) Alfa Romeo Spider Veloce as the Fiat Spider 2000's primary competitor for the ever-shrinking two-seat convertible market. A five-speed manual came as the default transmission in this car, though a GM-sourced three-speed automatic was available at a cost of 520 bucks (about $1,730 today). I have seen exactly one slushbox-equipped 124 Sport Spider in my life. This is one of the coolest-looking shift-pattern labels in automotive history. The EX. GAS SENSOR warning light was used to warn of an overheating catalytic converter. I like to use these Fiat indicator lights for various projects, though they have become rare in recent decades. At least I'll never run out of early-1970s FASTEN SEAT BELT lights! So, if you're looking for a vintage sports-car project, be sure to consider the Fiat 124 Sport Spider.