1971 Fiat 500 L on 2040-cars

Auto blog

2015 Fiat 500C Abarth Automatic

"I would not, could not in a tree. Not in a car, you let me be. I do not like them in a box. I do not like them with a fox. I do not like them in a house. I do not like them with a mouse. I do not like them here or there. I do not like them anywhere. I do not like green eggs and ham. I do not like them Sam-I-Am." Why am I quoting Dr. Seuss' classic children's tale in the review of a small Fiat? Well, much like oddly colored eggs and ham, for the 500C Abarth, Fiat has taken something formerly palatable and added a rather bizarre quality – a six-speed automatic transmission. "I do not like an auto trans," I said. "I'd only drive it in a van." What would happen to the 500 Abarth's hilariously charming and flawed character? Isn't an automatic gearbox diametrically opposed to the cheap and cheerful driving pleasure inherent in the scorpion-badged Cinquecento? After a week behind the wheel, I was shocked to find that the auto Abarth is nearly as entertaining as its clutch-equipped counterpart. Driving Notes The Aisin six-speed automatic is beefed up for the higher torque of the hot 500 Abarth, and the final drive ratio is shorter. Despite the Abarth's spicier character, the shifter retains the same PRNDL pattern and piano-black surround as the standard 500. While I laud Fiat for offering a correct shifter layout to the manual-shifting scheme – pull to upshift and push to downshift – that smart move is overshadowed by the lack of wheel-mounted paddle shifters. There's not much else to complain about with the new automatic, because on the road it delivers similar performance to the five-speed manual. Upshifts are smooth and quick in the standard setting, and only get sharper if you push the Sport button on the dash. On top of that, wide-open-throttle upshifts show off the sonorous voice of the Abarth-tuned exhaust. It pops and cracks and belches in a horribly, hilariously anti-social way. I love it. The twin pipes are just as vocal on the rev-matched downshifts. The gearbox isn't as quick to drop ratios as some of its two-pedal competitors, like the dual-clutch-equipped Volkswagen GTI or even the traditional automatic offered in the Mini Cooper S (coincidentally also an Aisin unit). That said, the difference isn't significant enough to count as a major demerit. One minor change with the transmission is the power output. While the manual model has 160 horsepower, the auto drops to 157. Torque, though, is up from 170 pound-feet to 183 lb-ft.

FCA close to paying off debt, outperforming Ford in earnings

FCA boosting output of SUVs, trucks in U.S. Marchionne says the company no longer needs a merger partner FCA expects to pay off all debt this year "There's a very strong likelihood that we will outperform Ford" MILAN/DETROIT — Fiat Chrysler's shift to sell more trucks and SUVs boosted margins yet again in its North American profit center, making Chief Executive Sergio Marchionne confident he can hit most of the final targets of his five-year turnaround plan. FCA has been retooling some U.S. factories to boost output of lucrative sport-utility vehicles and trucks while ending production of some unprofitable sedans. This put the world's seventh-largest carmaker on track to become debt-free by the end of the year, and allowed Marchionne to make good on his promise to close the gap on larger U.S. rivals General Motors (GM) and Ford. "There's a very strong likelihood that we will outperform Ford in terms of operating earnings in 2018," Marchionne told analysts on an earnings call Thursday. "That's something that if I told any of us in the room here that would've been doable five years ago, nobody would have believed it." As the 65-year-old executive prepares to hand over the reins to an internal successor next year, he said the improvements mean the company no longer needed a partner to survive. The carmaker has often been the subject of merger speculation, especially after its unsuccessful 2015 attempt to tie up with GM. "The necessity to find a partner, to try and guarantee our survival, going forward, is put to bed. I mean we're done," Marchionne told analysts on a post-results conference call. North America accounted for 71 percent of earnings last quarter, and profit margins in the region rose to 8 percent from 7.1 percent a year earlier, even as shipments fell 3 percent. Meanwhile Ford's automotive margin for North America slipped to 6.8 percent, down from 8.5 percent a year earlier.FCA trimmed its expectations for 2018 revenues and forecast adjusted operating profit of at least 8.7 billion euros, at the lower end of a previously given range. Analysts said FCA's margin improvement was impressive, and it could be on the cusp of a big boost from its new Jeep Wrangler and Jeep Cherokee models and its Ram 1500 truck. FCA ready to pay off its debt But the Italian-American carmaker expects to cancel all debt during 2018 — possibly by the end of June — and generate around 4 billion euros in net cash by the end of the year.

Fiat is quitting the minicar segment it dominates

Fiat plans to exit the minicar segment its global empire is built on. Strict safety and emissions regulations looming over the European new car market will soon make developing pocket-sized models prohibitively expensive, so the Italian firm will shift its attention to the next segment up. "In the very near future, you will see us refocus on this higher-volume, higher-margin segment, and that will involve a move away from the minicar segment," announced Fiat Chrysler Automobiles (FCA) boss Mike Manley during a recent conference call with analysts. He didn't provide a specific time frame, but industry trade journal Automotive News speculated the move will happen by 2024. The 500 and the Panda, Fiat's entries in the segment, continue to sell relatively well in spite of their age. The 12-year old 500 was the 16th best-selling car in Europe in 2018; the eight-year old Panda finished in 20th position, but it led the Italian sales chart by a significant margin. Fiat already announced the next-generation 500 -- which likely won't be sold in the United States -- will only be offered with an electric powertrain, but the current car is expected to remain in production for as long as possible. The Panda's future is murkier; the 2019 Centoventi concept hinted at an electric replacement, but Manley's statement seemingly suggests Fiat shifted the project to the back burner. The next-generation 500 will make its debut at the 2020 Geneva auto show and go on sale shortly after. While the model will live on as an electric car, Fiat will focus on slightly bigger subcompact cars that enjoy thicker profit margins, like the Renault Clio and the Volkswagen Polo, Europe's second and third best-sellers (behind the Golf) in 2018. The Italian firm left the segment when it deep-sixed the Punto in 2018; it's now looking for a way back in. The on-going tie-up with Paris-based PSA Group would give it access to the new platform found under the Peugeot 208 and the Opel Corsa. It was developed with gasoline-, diesel-, and electric-powered drivetrains in mind. Fiat's rivals on the European market have recently come to a similar conclusion. The Ford Ka+ and the Opel/Vauxhall Karl retired earlier than expected, decisions partly blamed on sluggish sales, and Volkswagen will allegedly drop the gasoline-powered variant of the Up! to focus on the electric model. Smart's ForTwo and ForFour have gone electric-only.