2012 Abarth 1.4l Black on 2040-cars

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Abarth 600e electric crossover previewed with 240 horsepower

The second electric member of the Abarth family is nearly ready to make its debut. Based on the Fiat 600e crossover unveiled in 2023 for the European market, it features a muscular-looking exterior design and the most powerful drivetrain the brand has ever put in a car. Finished in Hypnotic Purple, the Abarth 600e sits much lower than the Fiat-branded model. The picture released by the firm shows the Scorpionissima trim, which will be limited to 1,949 units and only offered at launch, so keep in mind that the standard car might look a little different. With that said, it gets a deeper front bumper, 20-inch wheels designed to clear bigger brakes, and a massive roof-mounted spoiler. Abarth hasn't released full technical specifications. All we know at this stage is that the 600e Scorpionissima Edition will ship with a 240-horsepower drivetrain. That figure makes it the most powerful regular-production model in the brand's history, but it doesn't tell the full story. The 600e stretches 164 inches long, so it's likely the biggest car in Abarth's history, and there's a chance it will be the heaviest as well. That's not to say it won't be fun to drive. Abarth wrapped the big wheels with sticky tires and, significantly, fitted a mechanical limited-slip differential. We'll need to be patient to find out what the 600e looks like inside; Abarth has only clarified that the model will be "loaded." More details about the Abarth 600e Scorpionissima Edition will emerge in the coming months, though nothing suggests we'll see the model in the United States. And, while the standard 600e has a gasoline-burning counterpart, it doesn't sound like the Abarth will get one. Related video:

Fiat shareholders green-light Chrysler merger, end of an Italian era

Fiat has just taken a major step away from its Italian heritage, as shareholders officially approved the company's merger with Chrysler. That move will lead to the formation of Fiat Chrysler Automobiles NV, a Dutch company based in Great Britain and listed on the New York Stock Exchange, according to Automotive News Europe.
The company captured the two-thirds majority at a special shareholders meeting, although there are still a few situations that could defeat the movement. According to ANE, roughly eight percent of shareholders opposed the merger, which is a group large enough to defeat the plan, should they all exercise their exit rights outlined in the merger conditions.
Meanwhile, Fiat Chairman John Elkann (pictured above, right, with CEO Sergio Marchionne and Ferrari Chairman Luca Cordero di Montezemolo), the great-great-grandson of Fiat founder Giovanni Agnelli, reaffirmed his family's commitment to the company beyond the merger. Exor, the Agnelli family's holding company, still maintains a 30-percent stake in Fiat.

Chrysler IPO to be filed as early as this week

An initial public offering for the Chrysler Group could happen this week, following Sergio Marchionne's comments to Financial Times in London, according to a report from The Detroit News. Fiat, which owns 58.5 percent of Chrysler, has been in a battle with the UAW retiree healthcare trust over its minority stake in the company. While the automotive union recognizes its role as a temporary shareholder, the two couldn't come to an agreement on how the shares should be priced.
As Marchionne explained to FT, a Chrysler IPO allows the market, rather than the two competing sides, to determine the value of the shares. The public offering is a risky move, which could potentially hang one side out to dry - if the shares go high, it's bad news for Fiat, but if they go low, the UAW stands to lose. Regardless of where the stock prices go in an IPO, though, it's a move that's being supported by analysts, who are quick to cite Chrysler's near-constant growth and a product lineup that is getting healthier with each new introduction.