2012 Fiat 500 Lounge Convertible - 1 Owner - Florida Vehicle - Super Low Miles on 2040-cars

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Trump Administration will look 'very carefully' at FCA/Peugeot deal

WASHINGTON — U.S. President Donald Trump's administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA, White House economic adviser Larry Kudlow said on Friday. The deal, announced on Thursday, would create the world's fourth-largest automaker. "We will obviously look at it very, very carefully," Kudlow said on Bloomberg. "The president has not commented on the deal ... We're not afraid of doing business with international companies, Lord knows." When asked about the 12.2% equity stake and 19.5% voting stake China's Dongfeng Motors holds in PSA, Kudlow said: "With respect to the Chinese story, we obviously are alert and on guard." The deal, which would be structured as a 50-50 merger, would create the fourth-largest global automaker with annual sales of nearly 9 million vehicles. Fiat Chrysler told employees the deal could generate synergies of 3.7 billion euros but added "these synergies are NOT based on closing plants." Fiat Chrysler declined to comment. There has been speculation Dongfeng might sell its holdings, which could help ease the deal's passage through U.S. regulators, given U.S.-Chinese trade tensions. "We will welcome a good deal. We hope it will get more production in the United States, more factories and workers and employment in the U.S. And with respect to the Chinese angle, we will take a careful look at it," Kudlow said. Fiat Chrysler said on Thursday that "teams at both companies are working to finalize discussions and reach a Memorandum of Understanding in the coming weeks."

Fiat Chrysler chief Mike Manley to head European auto lobby group ACEA

MILAN — The European carmakers' association (ACEA) has appointed Fiat Chrysler Chief Executive Mike Manley as its new president from January 2020, it said on Thursday. Manley will take over the role from PSA Chief Executive Carlos Tavares, who has served two one-year terms as ACEA President, the Brussels-based lobby group said in a statement. Manley is helping Fiat Chrysler Chairman John Elkann — the head of Italy's Agnelli family, which controls FCA — in talks with Tavares to finalize a merger agreement between the two groups, which would create the world's fourth-largest automaker. FCA and PSA, the maker of Peugeot and Citroen, are expected to sign a binding agreement by the end of the year.. ACEA said its priorities for next year included setting a plan on how to manage the transition to carbon-neutral road transport while ensuring the economic sustainability of the European auto sector. The ACEA president is elected for one year, with the option for a further one year term, by the CEOs of the group's associates – the 15 largest Europe-based car, van, truck and bus manufacturers. Government/Legal Hirings/Firings/Layoffs Chrysler Fiat

This sweet Fiat 500 Lego kit could be a reality if it gets enough support

Lego has been on a roll the last couple years with kits for automotive gearheads, and there's no end in sight. The company just released a sweet VW Beetle kit and will soon launch a Caterham kit. That's no reason not to ask for more though, so we encourage you to support this Fiat 500 project. The project is on the Lego Ideas website, where people can upload projects to share with other builders. The website also lets people support their favorite projects, and with enough votes, the kit will officially be considered for production. In fact, that's what happened with the aforementioned Caterham kit. Why support this Fiat project, though? Well, just look at it. The quality is excellent, which is evident by how well the compact and curvy lines of the little Italian are captured in the blocky medium. It also has all the details consistent with Lego's most recent kits such as badge and license plate stickers, a comprehensive interior with pedals and tilting seats, opening doors, and a tiny brick version of the two-cylinder engine. The creator, who interestingly goes by the name saabfan, also added special touches like a removable luggage rack and a sunroof that can be opened up. And wouldn't the Fiat 500 be an excellent complement to Lego's Beetle and Mini Cooper kits? Even if this project receives enough support, it's no guarantee that it will make it to production. Licensing would be a big road block to a retail release, but it's not impossible. So check out the video above to see some of the great details, and head over to the project page to vote for it. Related Video: News Source: saabfan / Lego IdeasImage Credit: Gabrele Zannotti Toys/Games Fiat Hatchback Videos Lego cinquecento lego ideas