2012 Fiat 500 C Pop Convertible 2-door 1.4l on 2040-cars

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New Fiat 500 Abarth confirmed, reveal coming in November

Though it's been absent from America for a few years, the Fiat 500 continues on overseas. But the line has been strangely split. The main 500 is a recently redesigned car from the ground up, and is electric only. Meanwhile, the 500 Abarth has survived, but it's still mostly the same car introduced more than a decade ago. And the obvious question has been, will there be a new one? The answer is yes. And we're going to see it soon. The past couple of weeks, Abarth has been sharing teasers about a new product. Two of those teasers were very explicit. On Monday, it announced the product would be a new 500 Abarth, and it would be shown on November 22. And on Tuesday, it showed a glimpse of the car, which is shown at top (original teaser post below). This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Looking closely, we can see that this new Abarth is based on the electric 500. It has the same headlights that are split by the hood about 75% of the way up. It also has the circular turn signals with body color inserts. Combined with the vivid lime green and humming, electrical noises in the background, we have to assume that the new Abarth will be battery powered. Assuming the electric Abarth follows in the footsteps of its predecessor, it should have more aggressive styling, sportier suspension, and likely extra horsepower.  We won't have long to learn more with the reveal just a couple of weeks away. It's also likely going to fuel our desire to have the Fiat 500 return to America, since it offers a lot of style and solid range for not a lot of money. A part of us holds out hope that Fiat will bring it here, since according to the L.A. Auto Show press conference schedule, Fiat has a conference. We genuinely don't know what will be announced, but it sure would be great timing to announce the electric 500 for America and then drop a hot version a week later. Or it could just be a 500X update. We'll find that out even sooner. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Autoblog Short Cut: Fiat 500 Abarth Hot Lap

Dodge, Jeep and Ram could soon be owned by Chinese automakers

For the past several years, Fiat Chrysler CEO Sergio Marchionne has made it widely known that the automaker he helms is up for grabs. First, he sent an email to GM CEO Mary Barra, who immediately refused to even discuss a merger. Later, Marchionne set his sights on Volkswagen. That too was swiftly rebuffed. It seemed like no global automaker was remotely interested in a partnership. Now, Automotive News reports that several Chinese automakers have come calling, only FCA isn't ready to answer. At least not yet. The news broke this morning that a major Chinese automaker had made an offer to purchase FCA for slightly above market value. FCA refused, saying the offer wasn't quite generous enough. It's unclear which automaker made the offer, but Automotive News says there's more than one interested party. FCA representatives have recently traveled to China to meet with Great Wall Motors, while Chinese representatives were seen at FCA corporate headquarters in Auburn Hills, Mich. The Chinese government has a lot of money invested in local automakers. It's putting pressure on these automakers to expand globally, including to the United States. As it stands, it's a matter of when a Chinese automaker will start selling cars here, not if. Purchasing an established automaker with a wide range of products and a huge dealer network would do wonders in giving the Chinese a foothold here. Sure, Geely owns Volvo, but a luxury automaker doesn't have nearly as much reach as a more mainstream company like FCA. This seems like the best case scenario for both a Chinese automaker looking to move into the U.S. and for FCA, at least from a business standpoint. The latter doesn't seem to have any other interested parties. It will be interesting to see how FCA would sell a deal like this to the public. We're not sure everyone will be happy with Dodge, Jeep and Ram falling under Chinese ownership. FCA didn't turn down the Chinese because they didn't like the idea. It turned down the offer because there wasn't enough money on the table. Related Video: News Source: Automotive News Earnings/Financials Alfa Romeo Chrysler Dodge Fiat Jeep RAM

Marchionne says no offers are on the table for Fiat Chrysler

MONZA, Italy (Reuters) - Fiat Chrysler (FCA) has not received any offer for the company nor is the world's seventh-largest carmaker working on any "big deal", Chief Executive Sergio Marchionne said on Saturday. Speaking on the sidelines of the Italian Formula One Grand Prix, Marchionne said the focus remained on executing the company's business plan to 2018. Asked whether FCA had been approached by someone or whether there was an offer on the table, he simply said: "No." The company's share price jumped to record highs last month after reports of interest for the group or some of its brands from China. China's Great Wall Motor Co Ltd openly said it was interested in FCA, but had not held talks or signed a deal with executives at the Italian-American automaker. The stock move was also helped by expectations that the company might separate from some of its units. Marchionne reiterated on Saturday that FCA was working on a plan to "purify" its portfolio and that units, such as the components businesses, would be separated from the group. He hopes to complete that process by the end of 2018. "There are activities within the group that do not belong to a car manufacturer, for example the components businesses. The group needs to be cleared of those things," he told journalists. Asked whether an announcement could come this year, Marchionne said it was up to the board to decide and that it would next meet at the end of September. He said the time was not right for a spin-off of luxury brand Maserati and premium Alfa Romeo and the two brands needed to become self-sustainable entities first and "have the muscle to stand on their feet, make sufficient cash". "The way we see it now, it's almost impossible, if not impossible, to see a spin-off of Alfa Romeo/Maserati, these are two entities that are immature and in a development phase," he said. "It's the wrong moment, we are not in a condition to do it." He said the concept of separating the two brands from FCA's mass market business made sense and did not rule out this happening in future, but not under his tenure, which lasts until April 2019. "If there is an opportunity in future, it would certainly happen after I'm gone. It won't happen while Marchionne is around," he said.