1970 Fiat 500l on 2040-cars

Auto blog

Stellantis and LG announce Canadian EV battery joint venture

SEOUL — South Korean battery giant LG Energy Solution (LGES) said on Wednesday it plans to invest $1.5 billion to set up a joint venture with Stellantis in Canada. LGES owns 51% of the joint venture, tentatively named "LGES-STLA JV" and Stellantis owns 49%, LGES said in a regulatory filing. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first quarter of 2024 and aiming to have an annual production capacity of 40 gigawatt hours of batteries. In a separate regulatory filing, LGES said it plans to acquire a stake worth $542 million in ES America to respond to demand from EV startups in the United States. LGES is considering building a factory in Arizona to meet demand in the United States, two people familiar with the matter told Reuters, adding that the plant is expected to primarily produce cylindrical battery cells. LGES has its own factory in Michigan and two battery joint ventures with General Motors in Ohio and Tennessee. "We are considering a new production site, but nothing has been decided yet," said a spokesperson at LGES. LGES, which counts Tesla, GM and Volkswagen among its customers, currently has battery production sites in the United States, China, Poland, Indonesia and South Korea. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Green Plants/Manufacturing Chrysler Dodge Fiat Jeep RAM Electric

Junkyard Gem: 1977 Fiat 124 Sport Spider

The Fiat 124 Sport Spider was sold in the United States for the 1968 through 1982 model years, after which Malcolm Bricklin imported the car under the Pininfarina brand for another couple of years. During the car's heyday in the middle to late 1970s, 124 Sport Spiders could be seen all over American roads... and a surprising number of these cars have survived long enough to appear in wrecking yards on a regular basis. Here's a '77 in a Denver junkyard. A 1970s 124 Sport Spider in restorable but rough condition isn't worth much; these cars were very affordable when new and beat-up ones have been available for three-figure prices for the last 30 years. This means plenty of them sit around as unfinished projects for year after year, then show up in wrecking yards. I see so many discarded 124 Sport Spiders that I don't even bother photographing most of them. Still, they're interesting cars, and it's a plus for those who do want to restore them that parts can still be found. The 1.8-liter dual-overhead four-cylinder in the '77 Sport Spider made 86 horsepower, which gave this car a performance edge over its arch-rival, the MGB (which had just 62.5 horses and weighed 100 pounds more). The MG was just $5,150 in 1977, though, versus the $6,115 price tag on the Fiat (that's about $22,100 and $26,300, respectively, in 2018 dollars). This one has some rust in the usual places, which might have been worth fixing on something like an Alfa Romeo Spider. With this car, it was a death sentence. Related Video:

Sell your own: 2015 Fiat 500 Abarth

Looking to sell your car? We make it both easy and free. Quickly create listings with up to six photos and reach millions of buyers. Log in and create your free listings. Bred from the rich postwar history of Fiat and its competition counterpart, Abarth, Fiat Chrysler reintroduced the Fiat 500 Abarth to US showrooms in 2012. It had been a long time since US drivers had access to a small, easy-to-park Italian package. Mini's Cooper S provided Fiat Chrysler with the market research, and like Burger King locating next to a McDonald's, Fiat's 500 Abarth was ushered into US showrooms. With the 500 delivering just over 100 horsepower, the Abarth (a-BART) supplies a full 160 horsepower to the front wheels, along with an oh-so-flexible 170 pound-feet of torque. Driving through a five-speed manual (or available automatic), and planted on a short 90-inch wheelbase, the 500 Abarth offers the engagement your friends (prior to the iPhone) used to provide. Our 'for sale' 2015 example, located in Prescott, Arizona, looks to be in good cosmetic condition. With but 24,000 miles it should have plenty of high-revving life left in it. We'd always suggest a pre-purchase inspection, and those with rural zip codes should consider Fiat dealer support. But if looking for bang-for-the-buck (and the seller's 'ask' is right where it should be), there are few better options this side of $20,000. Please find the listing here. Related Video: