2 Door Hb Abarth New Hatchback Manual Gasoline 1.4l 16-valve I4 Multi-ai Bianco on 2040-cars

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Fiat Chrysler posts $690M Q1 loss

If there is one thing that should be remembered when looking at quarterly and annual earnings, it's that the headline numbers rarely tell the whole story when it comes to an automaker's health. Chrysler's first-quarter earnings are just such an example.
Yes, the Auburn Hills-based manufacturer lost $690 million, which is quite a large sum of money. The reasons for the loss, according to Chrysler, were "Unfavorable infrequent items," which includes a $504 million payment to rid itself of the debts it took on for prepaying the UAW's VEBA healthcare trust. Chrysler was also hit with a $672 million charge to the UAW, which was part of a deal that allowed Fiat to purchase the remaining shares of Chrysler owned by the VEBA.
Ignoring those one-time deals, the first quarter was quite a successful one for Chrysler. It would have made $486 million if you erased the merger costs, which would have been a year-over-year increase of $320 million. Even more promising is the fact that Chrysler snagged the largest increase in market share of any automaker during Q1 at 1.1 percent, bringing its overall share to 12.7 percent of the US market. Chrysler saw a 30-percent improvement in sales of trucks and SUVs, along with an 11-percent increase in year-over-year sales and a 23-percent increase in revenue, to $19 billion.

2014 Fiat 500L Trekking takes the hatchback into the big leagues

Didn't think it was possible to pull and pry at the diminutive Fiat 500 with enough gumption to make the Italian hatchback qualify as a large car (according to the EPA, at least)? Witness the Fiat 500L Trekking, seen above. It's a full 26-inches longer than the regular 500, and it's grown six-inches taller and wider.
All that stretching means there is 42 percent more interior room in the 500L than the standard car, which means it's a good thing the only engine available is Fiat's 1.4-liter MultiAir turbo four-cylinder engine, as seen in the Abarth, with 160-horsepower and 184 pound-feet of torque. A manual gearbox is standard, and a dual-clutch automatic is optional, each with six gears.
The Trekking model features unique front and rear fascias and 17-inch alloy wheels to set it apart from the base 500L, and the black wheel arch and body-side sill moldings make it look more aggressive. Want to know more? Check out the high-res gallery above and scroll down below for the press release.

Fiat Chrysler Automobiles: The next five years

Unless you've been living under a rock for the past 24 hours, you've no doubt read about all of the big future product news coming out of Fiat Chrysler Automobiles today. We had individual brand reports from Chrysler, Dodge, Jeep, Ram, Alfa Romeo, Fiat, Maserati and even Ferrari, but in the interest of simplifying and summarizing, we're going to list out the hard facts once more. Of course, with all of this still off in the future, there's still the possibility that a few changes will be made. But as of what we know right now, here's what's coming, and what's going away.
Chrysler
2014: Refreshed 300/300C, debuting at Los Angeles Auto Show