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The Fiat 500 was first introduced in 1957 as a competitor to the VW Bug and daily economical transportation. The F series spans two periods of 500 production, the D and the L. As such, it is the most frequently misidentified model. Between 1965 and 1969 the F carried the same badging as the D, but the two models are distinguishable by the positioning of their door hinges. The D has "suicide doors": the F, produced from June 1965, at last featured front-hinged doors. Between 1969 and 1972 the F was sold alongside the Lusso model as a cheaper "base model" alternative. While the F and L are mechanically very similar, the key differences are the bumpers (the L has an extra chrome nudge bar) and the interior (the F interior is nearly identical to the original 1957 design while the L sports a much more modern look).
Fiat 500 L for Lusso (1968–1972) was the penultimate model, the main change for the L is a much modernized interior (including a renewed dashboard) which brought the Fiat 500 up to date. Greater comfort and style were provided in this new model for the new generation. Production ended in 1975, but as all good things return, Fiat has reintroduced a modern version!

This particular example is an L model and was fully restored in Italy and brought to the US in 2009, by a local restaurant owner. The car has been maintained by us since his ownership and is an exceptional piece of automotive history! It has the optional and very desirable sunroof option. It also has a rare luggage rack, original jack, owners manual, and authentic Italian license plate. It is in excellent shape with only minor use evident. There is a small paint crack on the right rear wheel arch. The car starts quickly, shifts smoothly and stops as it should. This car would be a great addition to any collection or for just buzzing around town.

MILEAGE STATED IS THAT SHOWING AND NOT CLAIMED AS ORIGINAL. THIS VEHICLE IS BEING SOLD AS IS WITH NO WARRANTIES WRITTEN OR IMPLIED ACCOMPANYING THE SALE. THE PURCHASER MAYBE RESPONSIBLE FOR SALES TAX AND IS RESPONSIBLE FOR TRANSPORT TO HIS/HER LOCATION. WE RESERVE THE RIGHT TO END THE AUCTION EARLY WITHOUT PRIOR NOTICE. FOR FURTHER INFORMATION PLEASE CONTACT NORBERT BRIES AT 8472470447.

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Auto blog

Fiat seeking $10B in financing to buy Chrysler

Thu, 30 May 2013

As Fiat looks to become the full owner of Chrysler, all it has standing in its way is the retiree trust of the United Auto Workers, which currently holds the remaining 41.5 percent of the company as the result of the Pentastar's bankruptcy deal. The Detroit News is reporting that that Fiat is currently talking to numerous banks in an attempt to raise around $10 billion to fund the purchase of Chrysler's remaining stake with enough left over to refinance the debt of both companies. We've known that Fiat has been working to obtain the capital to buy out Chrysler for some time now, but this is the first time we've seen Fiat tip its hand about how much cash it thinks it will need to close the deal.
The first order of business is a legal dispute over the value of the UAW's stake in Chrysler, which the report indicates could cost Fiat around $3.5 billion. The acquisition of remaining shares could happen by this summer, but it sounds like CEO Sergio Marchionne (above) might not be ready for a full merger until next year.

Merged Fiat-Chrysler HQ will be in London

Fri, 09 May 2014

You won't be seeing Sergio Marchionne in his famous sweaters running day-to-day operations of Fiat Chrysler Automobiles from Michigan. Although, he won't be doing it from Italy, either. The FCA CEO recently announced that the company's corporate headquarters would be located in London.
"Headquarters will be in London. It's clear that group executive functions, the board, my office, some of my functions, need to operate out of London, but that doesn't mean that I'm giving up my operational responsibilities of the US," said Marchionne to Automotive News at a press conference.
When the creation of FCA was announced, the company said its tax domicile would be in the United Kingdom. But it gave no specific location at that time. The business is still keeping most of the details under wraps.

Foreign automakers pay from $38 to $65 per hour to non-union workers

Sun, Mar 29 2015

As leaders for the United Auto Workers gather in Detroit for their Special Convention on Collective Bargaining to work out the negotiating stance for this year's new labor agreements with the Detroit 3 automakers, what they most want to do is figure out how to eliminate the two-tier wage scale. However, the lower Tier 2 wage has allowed the domestic automakers to reduce their labor costs, hire more workers, and compete better with their import competition. As it stands, per-hour labor rates including benefits are $58 at General Motors, $57 at Ford, and $48 at Fiat-Chrysler – a reflection of FCA's much greater number of Tier 2 workers. The Center for Automotive Research released a study of labor rates (including benefits) that put numbers to what the imports pay: Mercedes-Benz pays the most, at an average of $65 per hour, Volkswagen pays the least, at $38 per hour, and BMW is just a hair above that at $39 per hour. Among the Detroit competitors, Honda workers earn an average of $49 per hour, at Toyota it's $48 per hour, Nissan is $42 per hour, and Hyundai-Kia pays $41 per hour. The lower import wages are aided by their greater use of temporary workers compared to the domestics. Automotive News says the ten-dollar gap between those foreign camakers and the domestics turns out to about an extra $250 per car in labor, which adds up quickly when you're pumping out many millions of cars. That $250-per-car number is one that, come negotiating time, the Detroit 3 will want to reduce, as the UAW is trying to raise both Tier 1 and Tier 2 wages. Another wrinkle is that the domestic carmakers are considering the wide adoption of a third wage level lower than Tier 2. Some workers who do minor tasks like assembling parts trays kits and battery packs already make less than Tier 2, but the UAW will be quite wary about cementing yet another wage scale at the bottom of the system while it's trying to fight a bigger battle at the top. News Source: Automotive News - sub. req., BloombergImage Credit: AP Photo/Erik Schelzig Earnings/Financials UAW/Unions BMW Chevrolet Fiat Ford GM Honda Hyundai Kia Mercedes-Benz Nissan Toyota Volkswagen labor wages collective bargaining labor costs

1970 Fiat 500l on 2040-cars

Fiat 500 for Sale