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Fiat adds Adventurer Edition package to 2018 500X compact crossover

Fiat says it will offer the 2018 500X in a new Adventurer Edition package starting this summer, adding a rugged outdoors theme to its quirky Italian subcompact crossover. The Adventurer Edition is based on the 500X Trekking model, and its more sporty front and rear fascia designs. It adds 18-inch aluminum wheels, black roof rails, crossbars, orange mirror caps and body-side graphics along the bottom of the doors. It also gets front and rear splash guards. Inside, buyers get a molded rear cargo tray and all-weather front and rear slush mats. It'll come in a choice of four exterior paint colors: a white clear coat, black clear coat, graphite grey and grey metallic. Interior color choices are black or brown. The 500X Trekking is equipped with a naturally aspirated 2.4-liter inline-four-cylinder engine that produces 180 horsepower and 175 pound-feet of torque and is mated to a nine-speed automatic. It's available with front- or all-wheel drive, the latter of which uses a disconnecting rear axle to improve efficiency when all-wheel-drive isn't needed. It also comes with a slew of advanced safety technologies and a Uconnect 7-inch infotainment touchscreen. Choosing the Adventurer Edition package will add $945 to the $24,680 starting price for front-wheel drive and the $26,580 floor for all-wheel-drive-equipped version. Both include Fiat's $995 destination charge. Related Video:

Marchionne's pay as Fiat CEO falls to $5M

Sergio Marchionne will be buying fewer of his iconic sweaters, as his 2013 pay from Fiat took a dip from $6.24 million to an even $5 million. Marchionne, who was also CEO of Chrysler, made $307,989 thanks to some stocks and benefits from the American company, although he didn't take a salary. Of that $5 million paid by Fiat, $3.19 million came from Marchionne's fixed salary while the remaining $1.8 million was paid for hitting unspecified performance targets.
The news comes from Fiat's compensation reports, which also showed that the 61-year-old, who already owned three million shares in Fiat at the end of 2013, was able to receive an additional 2.3 million shares through a stock incentive program. According to Automotive News Europe, the additional shares would be worth about $25 million at today's prices, although so far, Marchionne has declined to claim the extra shares.
According to ANE, Fiat reported a 2013 trading profit of $4.7 billion.

Michigan Gov. Gretchen Whitmer says manufacturing can reopen May 11

Michigan Governor Gretchen Whitmer on Thursday said the state's factories can reopen next Monday, May 11, removing one of the last major obstacles to North American automakers bringing thousands of laid-off employees back to work amid the coronavirus pandemic. While reopening the manufacturing sector, Whitmer also extended her state's stay-at-home order by about two weeks to May 28, citing a desire to avoid a second wave of COVID-19, the respiratory illness caused by the novel coronavirus. “WeÂ’re not out of the woods yet, but this is an important step forward," Whitmer said in a statement. "As we continue to phase in sectors of our economy, I will keep working around the clock to ensure our businesses adopt best practices to protect workers." This week, General Motors and Fiat Chrysler Automobiles said they were targeting resuming vehicle production in North America on May 18, but suppliers would need time to prepare ahead for that date. Ford has not said what date it is targeting. The governor previously extended the state's coronavirus stay-at-home order through May 15, but had lifted restrictions for some businesses. Neighboring Ohio had allowed manufacturing to resume this past Monday, putting pressure on Whitmer to follow suit. Michigan's shutdown had stymied efforts by the Detroit Three and rival automakers to restart vehicle assembly anywhere in the United States, because so many critical parts suppliers are based in the state. Automakers and their suppliers already have begun gearing up for a possible resumption of work at their U.S. plants, but needed the official go-ahead from Whitmer. Industry officials had been pressing Whitmer to allow suppliers to reopen starting May 11 so the automakers could resume operations on their target date. They also wanted the green light so they can press Mexico to open its auto sector as suppliers there are also critical for the industry restart. The automakers' plans were tacitly approved on Tuesday by the United Auto Workers union, which represents the Detroit automakers' hourly U.S. plant workers. The union had previously said early May was "too soon and too risky" to restart manufacturing. Under Whitmer's new order, factories must adopt measures to protect workers, including daily entry screening, no-touch temperature screening as soon as possible and use of protective gear like face masks. Automakers have already rolled out such policies.