2012 Fiat 500 Pop Cabrio 5-spd on 2040-cars

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FCA chairman confirms Marchionne email to Barra

FCA CEO Sergio Marchionne is apparently backing up his talk about the need for consolidation in the auto industry with quite a bit of action. One recent report claimed that he even emailed General Motors CEO Mary Barra to make a deal. FCA chairman John Elkann has now confirmed that the correspondence actually happened, and that it wasn't a one-off occurrence. "It was not the only email, it was not the only conversation," Elkann (pictured above with Marchionne) said, according to Reuters. He is a member of the Agnelli family that has a controlling stake in FCA's stock and is supporting the idea of a merger. The automaker is willing to "act with determination if there are the prerequisites to do something that makes sense," Elkann said. Marchionne has been pushing for industry consolidation for months. While GM has been the main target of late, Ford was also rumored as a partner under consideration. In the past, there have also been reports of FCA negotiating with Volkswagen Group and PSA Peugeot Citroen for mergers, as well. According to Reuters, part of the reason for all of this effort might be as a way for Marchionne to ensure his legacy, though he's denied that. He's reportedly considering retiring after 2018. In his opinion, consolidation is needed because automakers are investing too much money to achieve the same goals. The situation would be better after mergers, and he predicts something to happen before 2018. Related Video: News Source: ReutersImage Credit: Massimo Pinca / AP Photo Earnings/Financials Chrysler Fiat Sergio Marchionne FCA merger John Elkann

Fiat announces an all-EV transition by 2030

Today, multiple European publications are reporting that Fiat boss Olivier Francois said that Fiat will become an EV-only brand.  Stellantis is talking a big game about its EV future. The new mashup of car brands initially made the claim that by 2030, 70% of Europe sales and 35% of U.S. sales will be of all-electric vehicles. Fiat going all-electric will help accomplish this goal. “Between 2025 and 2030, our product lineup will gradually become electric only. This will be a radical change for Fiat,” Francois says. ItÂ’s tough to pinpoint exactly what that means for the U.S. market, as Fiat is only hanging on by a shred here. The only 2021 model year car it sells now is the 500X. Both the 500L and 124 Spider are listed on FiatÂ’s website, but both are 2020 model year vehicles that arenÂ’t being renewed. The regular 500 is long gone, and thereÂ’s no indication that the redesigned electric-only 500 is on its way. If the U.S. does get to enjoy FiatÂ’s electric future one day, it could very well be with totally new and different models than what we see now. The crossover-like 500X is the only model to make it through FiatÂ’s recent purging, so another small, electric crossover could make sense in the U.S. later this decade. Of course, thatÂ’s assuming Fiat keeps a foothold in America. Francois provided a reasoning for announcing the switchover now. “The decision to launch the new 500 – electric and electric alone – was actually taken before Covid-19,” Francois says. “Even then, we were already aware that the world could not take any more compromises. We were reminded of the urgency of taking action, of doing something for the planet Earth.” We suspect StellantisÂ’ view on moving toward EVs heavily influenced the decision, too. Small EVs are all the rage these days in Europe, and FiatÂ’s lineup is packed full of small cars. The next reasonable guess at a new Fiat EV would be a production version of the Centoventi Concept. ItÂ’s FiatÂ’s interpretation of an electric Panda, and Fiat says its theoretical range maxes out at 310 miles. Of course, thatÂ’s only a concept, and it was revealed far before Stellantis was formed. WeÂ’ll only know how this will play out in time, as Fiat gave itself nearly a decade to transition from gasoline to electric cars. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fiat jokes 124 Spider as effective as Viagra

Fiat has released a follow up to its innuendo-laden 500X ad from last year. But rather than a crossover, um, reacting to a certain little blue pill, the company's new 124 Spider is the pill. Now, Road and Track readers might remember seeing something about this video. It originally aired as part of the 124 Spider's debut footage from the 2015 Los Angeles Auto Show. At the time, it wasn't supposed to become a commercial – it was just a riff on a cheeky spot meant to sell CUVs. This new commercial is identical to the original footage shown in LA. Using the same old Italian couple as the previous spot, this new ad features an Italian man run out of his Viagra, and run off to get more. As it turns out, he just didn't need it. That's about all you need to know, really. So check out the ad up top.