Fiat
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When was the last time you ever heard the CEO of a major automaker say don't buy our car? Never? Well Fiat Chrysler Automobiles' CEO Sergio Marchionne may be the first one. Reuters reports that Marchionne told an audience at the Brookings Institution in Washington D.C. last week that anyone considering the Fiat 500e should not buy it. "I hope you don't buy it because every time I sell one it costs me $14,000. I'm honest enough to tell you that," said Marchionne. "I will sell the (minimum) of what I need to sell and not one more." So why did FCA build the 500e in the first place then? It comes down to the California Air Resources Board mandate which requires the six au…
Last reply by David, -
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Reuters reports that the Fiat CEO at a conference on Wednesday was being bluntly honest when he said do not buy the 500e. To quote the CEO; "We loose $14,000 on each 500e we sell." He went on to state that they would sell the minimum required to keep selling their auto's in the US and in states like California. He also went on to say that by 2025 3/4 of the auto's they sell will be Hybrids to meet the Governments mandated MPG fuel requirements. The full story was published here: http://www.reuters.com/article/2014/05/21/chrsyelr-ceo-evs-idUSL1N0O71MS20140521?feedType=RSS This story makes me ask the following question. If people keep saying that Electric Auto's are outs…
Last reply by A Horse With No Name, -
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By William Maley Staff Writer - CheersandGears.com May 24, 2013 Fiat has announced pricing for the 2014 500L that will be arriving at dealers in June. The base 500L Pop starts at $19,900 (includes $800 destination charge) and comes equipped with a 160 horsepower, 1.4L MultiAir turbocharged inline-four engine mated to a six-speed manual transmission. Standard equipment includes sixteen-inch chrome-accented wheel covers, five-inch UConnect infotainment system, and the usual equipment that most cars come with (air conditioning, power locks and windows, and seven airbags). Next up is the 500L Easy with a price tag of $20,995. The Easy model comes equipped with sixteen-inc…
Last reply by A Horse With No Name, -
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Fiat has announced some changes are incoming for the 2015 500 lineup. For starters, the 500 Turbo and Abarth models will now have the option of a six-speed automatic. Previously both models could only be equipped with a five-speed manual. The brand hopes the option of the automatic will bring more people into the showrooms. Other changes for the 500 lineup include the introduction of a seven-inch high-definition TFT instrument display that will display vehicle and infotainment data; a redesign center stack, and new color choices. "Since launching in March 2011, more than 135,000 Fiat 500 cars have been sold in North America. We continue to improve the successful 500, …
Last reply by A Horse With No Name, -
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Fiat is planning to expand their 500 lineup once again by introducing a larger five-door model that will replace the aging Punto. Auto Express reports that Fiat engineers will use the Punto's platform as the base for the larger 500 and not use the current 500's platform. As for the design, the new model will retain many of the cues found the normal 500 such as the two-part headlights and short hood length. The new model could arrive in 2015 and slot in between the standard 500 and 500L. Source: Auto Express William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster…
Last reply by ZL-1, -
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William Maley Staff Writer - CheersandGears.com October 8, 2013 Fiat dealers have been feeling the strain since the brand started selling vehicles in 2011 and it appears that it is only going to get worse. Automotive News reports that only 45 percent of the 2010 Fiat dealers in the U.S. are making a profit. Moreover, the majority of those dealers happen to be tied in with other Chrysler dealerships. This means other dealers are losing their shirts if they don't have any other storefronts. "I think most dealers have been disappointed in the performance of their Fiat dealerships," said Alan Haig, president of automotive services for Presidio Group. Making the matters e…
Last reply by David, -
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William Maley Staff Writer - CheersandGears.com July 2, 2013 The California-only Fiat 500e has been a resounding success for the brand. So much so that according to Jason Stoicevich, president and CEO of the Fiat brand in North America says they have sold out the production run of the 500e for the remainder of the year. “We’re pretty much sold out for the year,” said Stoicevich. Source: Wards Auto William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster. View full article
Last reply by Nub_Cannon, -
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It is funny, yes. But I think it sounds pretty cool.
Last reply by David, -
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By William Maley Staff Writer - CheersandGears.com May 13, 2013 Despite rising sales of Fiat 500 in the past few months, some Fiat dealers are finding it difficult to break even. "I'm struggling to break even. With the one car in a small (volume) segment, it's a tough go right now," said Gary Brown, owner of a Fiat dealer on Long Island and chairman of the Chrysler Dealer Council. Dealers are very antsy get to new products such as the new 500L later this year as it should help bring more people into Fiat dealers. "The four-door (500L) is really going to be a shot in the arm. It will put a franchise on more people's radar as they are shopping for a small car," Brown …
Last reply by David, -
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By William Maley Staff Writer - CheersandGears.com April 22, 2013 Fiat and Chrysler CEO Sergio Marchionne disclosed during a speech at SAE World Congress in Detroit last week that for every Fiat 500e sold, the company expects to lose around $10,000. “For every 500 electric that we produce even after all the subsidies we will lose about $10,000 bucks a car. Doing that on a large scale would be masochism to the extreme,” Marchionne said. Marchionne disclosed the figure to make a point. He believes that electric vehicles won’t be enough for automakers to meet the new ambitious fuel economy regulations set for 2025 by the U.S. Government. The regulations say automakers h…
Last reply by dwightlooi, -
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By William Maley Staff Writer - CheersandGears.com April 13, 2013 A new member joins the electric car family this week as Fiat has announced the pricing for their new 2013 Fiat 500e. With a $700 destination charge, the 500e begins at $33,200 in California (the only state where you can buy or lease one). However that price could drop to just a hair over $20,000 thanks to potential $7,500 federal tax credit, a $2,500 tax credit from California (only for the first year), and a number of rebates.Those who would like to lease a 500e can do a 36 month term for $199 per month (after putting $999 down payment). The 500e brings forth a range of 87 miles, and EPA fuel economy e…
Last reply by David, -
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G. David Felt Staff Writer Alternative Energy - CheersandGears.com So what do you get when you cross breed a Fiat 500 with a Lambroghini? Fiaghini with 580-hp. Oemmedi Meccanica modified the Fiat 500 and put in a Lambroghini Murcielago 580-hp V-12 engine. Most drivers of this little run about are thinking fuel efficiency, not quarter mile times. This little beast has gone through many variations before ending in this final mutation. Let your inner child go nuts and check out this video!
Last reply by pow, -
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By William Maley Staff Writer - CheersandGears.com April 11, 2013 Fiat is planning to add the option of an automatic transmission into the Abarth lineup. "We're not opposed to doing it. We just didn't think there would be consumer requests for it, and there is," Fiat's North American president, Tim Kuniskis told Wards Auto. The reason for this? To bring in more buyers, specifically women. With the new Abarth version of the 500C just around the corner, Kuniskis says that the company is expecting a few more women buyers to opt for the more potent version of the cabriolet. "I think when we'll see more women is when we have the automatic, and we're planning to add the…
Last reply by William Maley, -
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By William Maley Staff Writer - CheersandGears.com March 25, 2013 Fiat's brand chief Gianluca Italia said to Autocar that after the 500X crossover, Fiat will not expand the 500 lineup anymore. “We’re talking about a few models with 500 that leverage on the asset, not several. Mini is a brand, 500 isn’t. Fiat is the brand so the 500 does not need to be. There is a limit.” Fiat's 500 lineup is currently made up of 500 500C 500 Abarth 500C Abarth 500L Fiat will also be adding a seven-seat version of the 500L and a crossover 500X. Source: Autocar William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected]…
Last reply by daves87rs, -
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Jeez, how come this odd little duck appeals to me? It is like totally opposite of a lot of the things I rant about here......
Last reply by pow, -
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By William Maley Staff Writer - CheersandGears.com February 10, 2013 The new 500T offers some of the performance of the hotted up 500 Abarth at a somewhat lower price - if you don't mind having the manual transmission only. Those who wanted the automatic with the turbo were just out of luck. However, Fiat North America's head would like to change that. “The T with an automatic would be great. I want to do it. A lot of people think it’s wrong, like an automatic Abarth.” said Tim Kuniskis, head of Fiat North America. “I need it yesterday. There are so many people [who] want that car.” There's a reasoning behind Kuniskis statements. The chief competitor to the 500, the…
Last reply by David, -
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So wow, since it's intro in 2007, Fiat has built one MILLION 500s! There's gotta be somethin' to this little tyke...
Last reply by A Horse With No Name, -
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A very professionally-done video, apparently produced by a large dealer group in its region, Rosenthal. The Fiat 500 appears to be a lot of fun, jeez, this vid makes me want to test one out for myself!
Last reply by Blake Noble, -
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William Maley Staff Writer - CheersandGears.com August 18, 2012 Fiat's 500 lineup has kind of been like the Goldilocks and the three bears story. First was the 500 which for some was too cold. Then came the 500 Abarth which for some was too hot. Now, Fiat has introduced the 500 Turbo which might be just right. The 500 Turbo uses a detuned version of the 1.4L MultiAir turbocharged inline-four found in the 500 Abarth. The 1.4L is good for 135 HP and 150 lb-ft of torque. All of that power goes through a five-speed manual transmission. Other performance enhancements include a new exhaust, sport suspension, better steering calibration, stiffer shocks, and upgraded brakes. …
Last reply by yougojay, -
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William Maley Staff Writer - CheersandGears.com July 6, 2012 During the recent press launch of the new Fiat 500L, Fiat previewed a new member of the 500 family called the 500X. The 500X is a crossover and will take the place of Fiat Sedici (Suzuki SX4 in Fiat clothing). Styling is a mix of hatchback and SUV cues and come with the choice of front-wheel and all-wheel-drive. The 500X will be the longest model in the 500 lineup, measuring around 13.7 feet. The 500X is also the likely canditate for the compact Jeep that we've been reporting for the past year. The major difference between the the two will be the Jeep will have a trail-rated model. The 500X will go into pr…
Last reply by ZL-1, -
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William Maley Editor/Reporter - CheersandGears.com June 5, 2012 If you were thinking about purchasing a 2012 Fiat 500 Abarth, you're out of luck for the time being. The Detroit News reports that Chrysler is telling dealers that it's no longer accepting wholesale orders for the new 2012 500 Abarth. When the Abarth went on sale in late April, over a thousand customers had put a deposit down. Fiat decided to up the amount from thousand to 3,000 Abarths to help with increased demand. Sources say the Toluca, Mexico plant building the 500 Abarth has reached its limit. So what does this mean for customers who place an order for Abarth now? They'll be waiting for the 2013 50…
Last reply by A Horse With No Name, -
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William Maley Editor/Reporter - CheersandGears.com April 10, 2012 Car & Driver has found some new documents filed by Chrysler with NHTSA and the California Air Resources Board (CARB) showing two new Fiat 500 models. The first model is the 500T Sport. In documents filed with NHTSA, the 500T Sport appears on Fiat's 2013 model-year offerings. The 500T will only come in a two-door hatchback offering. As for powertrain, a CARB filing shows a turbocharged 1.4L engine being used several Dodge Dart models, the Fiat 500 Abarth, and another Fiat 500. Officially, we know the Dart and 500 Abarth to use the turbo 1.4L. The other 500 is presumed to be the 500T. The second mod…
Last reply by David, -
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William Maley Editor/Reporter - CheersandGears.com March 30, 2012 The Fiat 500 lineup is currently made up of three models; the regular 500, 500C, and the new 500L crossover. Autocar is reporting there could be a fourth model on its way. The fourth model is expected to be the replacement to the Fiat Sedici (Suzuki SX4) and carry the nameplate of the 500X. The 500X will combine the styling of a SUV and hatchback. The 500X will use Fiat's small vehicle architecture with the 500L and Punto and come equipped with the 900cc TwinAir unit, a 1.4L four-cylinder, and a diesel. It will come with either front-wheel or four-wheel drive. The 500X is expected to be also sold as a…
Last reply by William Maley, -
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William Maley Editor/Reporter - CheersandGears.com March 19, 2012 Fiat's U.S. lineup is only made up of one vehicle, the 500 and its variations. That will soon grow to two when the 500L makes its Atlantic crossing next spring. But Fiat U.S. chief Tim Kuniskis revealed to the Detroit Free Press there could be three Fiats. Kuniskis wouldn’t go detail what the third model could be, but he did say that styling will always be their emphasis and that “any car we sell has got to be different.” So, what could be the third vehicle? Well, it could be either the Panda, Punto, or a unknown vehicle. Source: Detroit Free Press View full article
Last reply by 2QuickZ's, -
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William Maley Editor/Reporter - CheersandGears.com February 23, 2012 The Fiat 500. A car that was given an ambitious sales goal of 50,000 vehicles during its first year and missed by a long shot - only selling 17,945 vehicles between March and December of 2011. Everyone, including yours truly has said that's a failure. But, some new analysis from Polk says the 17,945 isn't really a failure. Polk compared the 500 to other three-door subcompacts and found out the 500 captured 25.71% of the market. That puts it behind the Mini Copper, but well ahead the Hyundai Accent and Toyota Yaris. Still, Polk points out that three-doors only make up 16% of the subcompact market. S…
Last reply by balthazar, -
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