2012 Fiat 500 Lounge Hatchback 2-door 1.4l 5-spped 38-40 Mpg 3998 Miles on 2040-cars

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2017 Fiat 124 Spider Abarth | Drivers Notes

We spent the week with a Grigio Argento Aluminum 2017 Fiat 124 Spider Abarth, known to many simply as the Fiata. As you may know, the 124 Spider is heavily based on the current ND Mazda Miata. In fact, both cars are built side-by-side in Hiroshima, Japan. The Miata has been a staff favorite for years, so we were interested to see how Fiat would handle the changes. While there are a lot of shared components between the two models like styling and suspension tuning, the biggest changes are under the hood. Fiat swapped the Miata's 2.0-liter naturally aspirated inline-four for a 1.4-liter turbocharged inline-four. In Abarth trim, the 124 Spider makes 164 horsepower and 184 lb-ft of torque, slightly more than the Miata (though that's offset by a bit of extra weight). Associate Editor Reese Counts: I wasn't sure how I was going to feel about this car. The current Miata is nearly flawless when it comes to driving dynamics, so I was afraid Fiat's alterations would undermine what is a fundamentally good vehicle. My fears were almost immediately put to rest. While I'm still not sure I would buy one over a Miata, I can totally recommend it to less performance-minded friends. The suspension is less firm and provides less body roll than the Miata, the latter one of my chief complaints about the Mazda. The transmission isn't as slick as the newer one in the Miata, but the turbo engine it's mated to provides plenty of character. The extra torque provides plenty of kick off the line thanks to minimal turbo lag. On paper, it's really no quicker, but around town it feels like it has a bit more grunt. In a canyon or on a track, I think I would still prefer the Miata. The 124 Spider's looks have grown on me a lot since the reveal in 2015. Honestly, I really didn't like it at first, maybe because I was so in love with the Miata's design. Taken on its own, the 124 Spider really is a pretty thing, with plenty of touches that harken back to the old model. Most important for me, they fixed the terrible, terrible seats in the Miata with new padding and covers. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Senior Producer Eddie Sabatini: I took the 124 Abarth Spider home two days this week, and it was two days of fun. Do I like the Miata better? Yes. For my money, the MX-5 drives better, looks better, and feels better but it's not the runaway contest I thought it would be before I got behind the wheel of the 124.

FCA recalling 400k Jeep Wranglers, 40k Fiat 500s

The Basics: Fiat Chrysler Automobiles has issued two recall. The first is for 392,464 Jeep Wranglers in the US from the 2007-2010 model years for the steering wheel airbags. The second covers 39,217 examples of the naturally aspirated 2012-2016 Fiat 500 in connection with the clutch release mechanism. The Problem: In the Wranglers' steering wheel, excessive accumulation of dust and dirt from open-air driving off-road could compromise the clockspring in the steering-wheel assembly and prevent the airbag from deploying in the event of a crash. In the case of the Fiats, the clutch travel in a small percentage of vehicles equipped with manual transmissions "may exceed design parameters" and eventually damage components. Injuries/Deaths: No injuries or accidents been reported to result from either issue. The fix: Dealers will install new back covers and column shrouds in the Jeeps and upgrade the clutch release systems in the 500s. If you own one: Expect to hear from the manufacturer to arrange service. In the case of the Fiat recall particularly, FCA "urges customers to heed the instructions on their recall notices." Related Video: Statement: Clockspring May 18, 2016 , Auburn Hills, Mich. - FCA US LLC is voluntarily recalling an estimated 392,464 older-model SUVs in the U.S. to replace their clockspring assemblies and related components. Located in a vehicle's steering wheel, a clockspring forms part of the circuit that helps control airbag function. An investigation by FCA US determined excessive exposure to dust and dirt – consistent with extensive off-road driving or driving with a vehicle's top and/or doors removed – may compromise the clockspring and eventually prevent driver-side airbag deployment in a crash. If this condition is present, the airbag warning-lamp will be illuminated. If such an event occurs, customers are advised to contact their dealers. The Company is unaware any potentially related injuries or accidents. Affected by this campaign are model-year 2007-2010 Jeep Wrangler SUVs. An additional 7,435 model-year 2011-2016 vehicles equipped with right-hand drive for special duty also are affected in the U.S. Vehicles affected outside the U.S. comprise an estimated 35,412 in Canada; 8,529 in Mexico and 62,580 outside the NAFTA region. Customers will be advised when they may schedule service, which includes installation of a new steering-wheel back cover and a steering-column shroud.

Ferrari raises $893M, valued at $12B

Ferrari's stock is moving as quickly on the New York Stock Exchange as the brand's iconic sports cars do on the road. The company's incredibly popular initial public offering has already raised $893.1 million by virtue of 17.18 million shares sold for $52 apiece. If the deal's underwriters buy in as well, the figure would grow to $982.4 million. Plus, even after shouldering some of FCA's debt, the automaker carries an enterprise value of $12 billion, Bloomberg reports. Just as the company starts trading on the New York Stock Exchange, the share price is already racing upward, too. As of this writing, Ferrari stock, which is listed under the symbol RACE, is priced at $57.59. At its high so far today, the value reached as high as $60.95. While Ferrari is looking strong, the big winner in this success looks to be FCA because the company should raise $4 billion in the spin-off, according to Bloomberg. With nine percent of the sports car maker on the NYSE and one percent for the underwriters, another 80 percent will be distributed to FCA investors in 2016. When that's through, Exor, the holding company for the Agnelli/Elkann family, should have the largest stake at about 30 percent. Piero Ferrari holds the remaining 10 percent and has no intention to sell it. Related Video: FCA Announces Pricing of Initial Public Offering of Ferrari N.V. Common Shares Fiat Chrysler Automobiles N.V. (NYSE: FCAU/MI: FCA) ("FCA") and its subsidiary Ferrari N.V. ("Ferrari") announce today the pricing of Ferrari's initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.1 million ($982.4 million if the underwriters exercise the option described below in full). The shares are expected to begin trading on the New York Stock Exchange on Wednesday, October 21, 2015, under the symbol "RACE", and closing of the offering is expected to occur on October 26, 2015. In addition, the underwriters have a 30-day option to purchase an aggregate of up to 1,717,150 common shares of Ferrari from FCA. The offering is intended to be part of a series of transactions to separate Ferrari from FCA. Following completion of this offering, FCA expects to distribute its remaining ownership interest in Ferrari to FCA shareholders at the beginning of 2016. UBS Investment Bank is acting as Global Coordinator for the offering.