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Fiat gives 2019 124 Spider the Urbana Edition treatment

Fiat is celebrating the arrival of spring and drop-top cruising season by offering the blacked-out Urbana Edition treatment on the 124 Spider for the 2019 model year. The move follows the Urbana Edition rebranding — it was formerly called Urbana Trekking — first shown earlier this year on the 500L. The package offers dark interior and exterior accents to the convertible roadster. It comes with Black Diamond 17-inch aluminum wheels fitted with performance tires, dual exhaust tips, black exterior accents and gloss-black finishes on the A-pillar bar bezel, seat-back pillar and side mirror caps. You also get front fog lamps. Inside, the package gets you matte gray accents, plus leather and microfiber on the seats and wrapping the instrument panel and instrument cluster hood. Fiat is offering the Urbana Edition package only on the Classica model of the 124 Spider for an extra $995, which brings the total cost to $27,680 including destination. It'll be on display next week at the New York International Auto Show. Fiat refreshed the 124 Spider for 2019 by adding features including a rear backup camera, a standard seven-inch Fiat Connect 7.0 touchscreen and offering custom center-stripe design options on the entry-level Classica. The 124 Spider is heavily based on the Mazda Miata and built in the same plant in Japan, but it uses its own 1.4-liter turbocharged inline-four engine. You can read Autoblog's drivers' notes on the roadster from 2017.

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.

Auto news recap for 8.26.16 | Autoblog Mintue

A recap of the week in automotive news, including a look at nuTonomy's efforts to bring its robo-taxi service to market, Fiat's pending 124 Coupe, and new spy shots of the Corvette ZR1. Fiat Autoblog Minute Videos Original Video Uber FCA corvette zr1 corvette fiat 124 nutonomy zr1 fiat 124 coupe