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

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Abarth Classiche 1300 OT revives the Alfa Romeo 4C for one last hurrah

The Alfa Romeo 4C is back from the dead. Well, at least partially. This Abarth Classiche 1300 OT doesn’t wear an Alfa Romeo badge, but itÂ’s effectively a re-bodied and re-jiggered 4C built with an eye to the past. Limited to only five examples, the Classiche 1300 OT is part of StellantisÂ’ “Reloaded by Creators” project that aims to reinterpret beloved cars of its past in a modern form. This time, the model is the Fiat-Abarth OT 1300 race car from 1965. WeÂ’ll put new and old side-by-side below for you to critique how Abarth did. One of the original carÂ’s most distinctive features was the big periscope atop the roof meant to cool the cabin while racing, and Abarth made a small attempt at recreating it with a little scoop atop the roof. Its hood features a scoop that looks a little like the originalÂ’s, and you can see similar inspiration found for its rear taillghts. All that said, this re-body job doesnÂ’t really go far enough to make you forget itÂ’s actually just an Alfa Romeo 4C underneath. You may recall a similar attempt made a few years ago with the Abarth 1000 SP that used the same formula, but instead was based on the 4C Spider. Technical details are practically non-existent for this new Classiche 1300 OT, but we suspect itÂ’s powered by the same 1.7-liter turbocharged four-cylinder as the 4C was and cracks off shifts via a six-speed dual-clutch gearbox. We donÂ’t know the curb weight, but Abarth says all of its body is now made of carbon fiber, so itÂ’s likely to be even lighter than the standard 4C. If weÂ’re lucky, Abarth has done some re-tuning of the powertrain and suspension to differentiate how it drives compared to the 4C. And if you want one of these creations, Abarth says ordering is open now, but remember, only five are ever going to be built.

Vans aren't glamorous, but they're key to EU blessing FCA-PSA merger

MILAN/PARIS — Their silhouettes don't stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. European competition regulators are worried that Fiat Chrysler and Peugeot maker PSA's proposed merger may harm competition in small vans. With a total of 755,000 vans sold last year in Europe, the combined Fiat Chrysler (FCA) and PSA would get a market share of around 34%, based on industry data, more than double that of Renault and Ford, with shares around 16% each. Volkswagen and Daimler follow with market shares of 12% and 10% respectively. "Commercial vans are important for individuals, SMEs and large companies when it comes to delivering goods or providing services to customers," European Union competition chief Margrethe Vestager said in a statement, announcing an in-depth investigation into the proposed merger. "They are a growing market and increasingly important in a digital economy where private consumers rely more than ever on delivery services." Dario Duse, a managing director at consultancy firm AlixPartners, said demand for vans was not based on people's disposable income, as for cars, but rather on GDP and industrial trends, and in particular the logistics industry, where big players such as Amazon or DHL operate. "Logistics is a business segment which is having a significant growth, for several reasons including e-commerce, where you need efficient and agile vans for interurban and city deliveries," he said. "LCVs (light commercial vehicles) may recover faster than passengers cars in the post-COVID-19 phase." Sales of vans up to 3.5 tonnes in Europe amounted to 2.2 millions vehicles last year, compared to 15.8 million for passenger cars, according to data provided by the European Auto Industry Association (ACEA). The light commercial vehicles (LCVs) market may be secondary in terms of volumes, but it remains highly profitable in an industry where margins are constantly under pressure. Margins are generally higher than on passenger cars, up to 5-10 additional percentage points, AlixPartners says. "With LCVs you don't have to fulfill a series of consumer expectations that drive additional complexity and costs, such as for interiors. LCV customers are more rational and business driven," Duse said. And while electrification in heavy trucks is complicated, it might come sooner for LCVs.

Mike Manley and Louis Camilleri appointments confirmed after shareholder votes

AMSTERDAM – Fiat Chrysler shareholders held a meeting yesterday to officially vote on the appointments of Mike Manley as CEO of FCA and Louis Camilleri as the CEO of Ferrari. Manley and Camilleri were announced as the replacements for Sergio Marchionne following the former chief's sudden death. At the same time, FCA announced that it would place John Elkann in the role of Chairman. A minute-long moment of silence was held at the start of the meeting in honor of Marchionne. According to reports, 99 percent of shareholder votes were in favor of Manley's appointment at FCA, and 98 percent were in favor of Camilleri taking the CEO role at Ferrari. Manley said at the shareholder's meeting that he will announce his organizational plans for the automaker by the end of September. "When we learned Sergio Marchionne could not return to work the board decided to appoint Mike Manley, who was the only candidate," Chairman John Elkann said. The chairman added the decision was based on succession plans the board was working on with Marchionne for his planned departure in 2019. Of Camilleri's direction at Ferrari, Elkann said, "Sergio Marchionne strengthened the foundations of Ferrari, now we can build on that for the future, which will be a bright future."Reuters contributed to this report.Related Video: Image Credit: Daniel Acker/Bloomberg via Getty Chrysler Fiat Sergio Marchionne FCA Mike Manley