1981 Fiat 124 Spider on 2040-cars

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FCA is setting a five-year strategy: Here's how the last one played out

We're slightly more than four years removed from Sergio Marchionne last five-year plan for FCA, a tell-all where the Italian-American automaker divulged its plans for the 2014 through 2018 model years. It was a grand affair, where Sergio told FCA investors that all was right in Auburn Hills, Alfa Romeo and Maserati were making comebacks, and the fifth-gen Dodge Viper received a mid-cycle refresh. You can read every last one of those past predictions right here. We're on our way to Europe to see Sergio's sequel, coming out Friday straight from FCA's Italian headquarters. (Bloomberg reports a plan to expand Jeep and Ram globally, combine Alfa Romeo and Maserati into a single division for an eventual spinoff, and downsizing Fiat and Chrysler. Also, EVs.) But before we arrive in Italy and find out exactly what Marchionne has planned for 2019 through 2023 as his last act as CEO, let's take a minute to tally up the results of his last term based on the same scoresheet we used in 2014. Now, we're only five months into 2018, so much of this — including vehicles like the Ram HD and Jeep Grand Wagoneer — could still debut this year. For those, we'll mark things TBD. We're not going to draw any conclusions or make any objectionable remarks. We're simply going to let the stats speak for themselves.

Fiat 124 Spider Elaborazione Abarth loses 10 hp in its journey to the US [UPDATE]

Update: A Fiat spokesperson got back to us about some questions about the Fiat 124 Spider Elaborazione Abarth, and those quotes are now in the story. The Abarth-tuned version of the Fiat 124 Spider crosses the Atlantic to debut in US spec at the New York Auto Show. The droptop gets a much longer name on these shores as the 2017 Fiat 124 Spider Elaborazione Abarth, and the trip across the ocean robs it of 10 horsepower, too. The Elaborazione Abarth in the US makes 160 horsepower and 184 pound-feet of torque from its turbocharged 1.4-liter four-cylinder. If those numbers seem familiar, it's because they are identical to the standard 124 Spider in this country. In Europe, the Abarth model makes 170 hp and 184 lb-ft from the same engine. Buyers on both continents can choose between six-speed manual or automatic gearboxes. "The engine of the EMEA [Europe, the Middle East and Africa] Abarth Spider has unique tuning developed according to European regulations, so the [horsepower] number is different," Fiat spokesperson Angela Bianchi told Autoblog. Customers in the US also appear to lose out on some European features. The reveal in Geneva seems to show Brembo brakes as standard equipment on the convertible. However, the US announcement is clear that the four-piston monoblock aluminum calipers are optional here. Bianchi told Autoblog the decision to make the Brembos optional was "a decision by the brand here based on customer preference." Other than these changes, the two models are practically identical. There continues to be a stiffer suspension with mono-tube Bilstein front and rear shocks, and the limited-slip differential helps put the power down. The Abarth's Sport Mode button also recalibrates the engine, automatic transmission, electric power steering and dynamic stability control system for better response when the driver wants it. Aesthetically, the Abarth has the same retro-sporty look on both continents, too. The black hood calls back to the original convertible. Inside, black and microfiber upholstery is standard, but options include full leather or leather and Alcantara Recaro sport seats. We'll keep an eye out for smaller changes when we see the Abarth droptop in the Big Apple.

Fiat/PSA's dominance in small vans hangs up EU's merger approval

BRUSSELS — EU antitrust regulators are concerned about Fiat Chrysler and Peugeot / PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said. The companies, which are seeking to create the world's fourth biggest carmaker, were told of the European Commission's concerns last week. If Fiat and PSA fail to dispel the European Commission's doubts in the next two days and subsequently decline to offer concessions by Wednesday, the deadline for doing so, the deal would face a four-month-long investigation. The EU competition enforcer, which has set a June 17 deadline for its preliminary review, declined to comment. Fiat was not immediately available for comment while PSA had no immediate comment. Hiving off overlapping businesses, usually a regulatory demand to ensure more competition, could prove tricky for the carmakers because of the technicalities. Fiat and PSA are looking to merge to help offset slowing demand and shoulder the cost of making cleaner vehicles to meet tougher emissions regulations. The deal puts under one roof the Italian carmaker's brands such as Fiat, Jeep, Dodge, Ram, Maserati and the French company's Peugeot, Opel and DS. Related Video: Government/Legal Chrysler Dodge Fiat Jeep Maserati RAM Citroen Opel Peugeot