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Junkyard Gem: 1975 Fiat 124 Sport Spider

Fiat sold the two-seat convertible version of the 124, the Sport Spider, in North America from the 1968 through 1982 model years. After that, Pininfarina continued to build and sell the 124 Sport Spider through 1985. Like the similarly cheap and fun MGB, plenty of these cars were sold, and huge numbers remain in back yards, garages, and driveways across the continent. Those unfinished projects continue to get evicted, which means I see a good half-dozen discarded 124 Sport Spiders in junkyards every year, about the same quantity now as you'd have seen 30 years ago. Here's a once-snazzy tan '75, spotted in Denver. Fiats became somewhat mainstream in the United States during the early 1970s, with the extremely cheap 128 stealing plenty of Beetle and (a bit later) Civic sales. The 124 Sport Spider competed directly against the MGB, and both types once served as commonplace daily drivers all over the country. In 1975, the 124 Sport Spider cost $4,703 ($23,140 today) and had 86 horsepower to move its 2,320 pounds. Meanwhile, the MGB cost $4,249 and weighed just 2,287 pounds … but was issued a mere 62.5 horses by British Leyland. The Fiat Twin Cam DOHC straight-four was decades more modern than the MGB's elderly (but quite sturdy) pushrod BMC B engine. If this is the original engine, it displaced 1,756cc. There's enough rust to scare off would-be restorers, but this car could have been put back on the street at fairly low cost. Naturally, I brought a vintage Italian film camera — a Bencini Comet II, circa 1951 — to photograph this vintage Italian car. You can tell a sports car owner is serious when you see studded snow tires on the car. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The car so good, it made you hallucinate romantic drives with Rolls-Royce owners. Featured Gallery Junked 1975 Fiat 124 Sport Spider View 17 Photos Auto News Fiat Automotive History Convertible fiat 124 Junkyard Gems

Automakers are getting nervous about Europe's economy

Carmakers BMW and Stellantis on Thursday expressed concerns about Europe's economic outlook, joining a chorus of retailers and others in warning of waning consumer confidence on the continent and hitting their shares. "Obviously the macro(-economic situation) in Europe is more challenging, which gives me pause, personally," Stellantis chief financial officer Richard Palmer said on a conference call with analysts. "If there was anywhere where I was more concerned, it would be Europe than anywhere else really based on the macro." This follows a dire assessment of consumer sentiment in Europe from the likes of consumer goods company Unilever and news of lower spending by Europeans from Amazon. Like other major auto companies, Stellantis and BMW have been hit by supply chain disruptions stemming from the global coronavirus pandemic that have curtailed car production. They have also benefited from strong consumer demand amid low vehicle supply, allowing them to raise prices and keep them high even as the semiconductor shortage shows signs of easing. BMW posted a 35.3% jump in third-quarter revenue despite a small drop in vehicle sales. Stellantis said its revenue rose 29% on the back of a 13% increase in vehicle sales as more semiconductors became available. The concern among analysts has been that demand may falter, just as carmakers get their hands on the supplies they need, undermining pricing and hurting profits. But this week Ferrari said it was confident about its prospects for this year and 2023 as demand for its luxury cars, as well its pricing power, remained strong. Both BMW and Stellantis said on Thursday they had vehicle order books that stretched into the second quarter of 2023. But BMW's chief financial officer Nicolas Peter said high inflation and rising interest rates could hit buyers' wallets. "This is causing conditions for consumers to deteriorate, which will affect their behaviour in the coming months," he said. "We therefore continue to expect our higher-than-average order books to normalise, especially in Europe." He added customers had been unhappy about the wait for new cars, so "a slight reduction (in orders) would not be negative." Palmer said Stellantis was "ready for any softness in demand" but in the short term had been affected by a shortage of drivers to deliver its cars to dealers. "At the moment, we can't build enough cars," he said.

2022 Fiat 500X gets Yacht Club Capri special edition

Fifteen years ago, Fiat released a product roadmap identifying 10 new models to appear between 2007 and 2010 that would join seven extant models across Europe and the U.S. Today, Fiat's home market of Italy only sells five models, three of them versions of the 500, and the U.S. has just one, the 500X. As for that model, it sold 1,443 units here in 2020; based on the 980 sales through the end of September this year, Fiat won't even reach that abysmal mark. Yet the show must go on, so Fiat's got two touches of flair in store for the 2022 500X. Starting small, there will be an "Al-Fresco" retractable fabric roof available for all trims. To ensure the sprezzatura a 500X driver demands, the top can be had in four colors, three of them being black, gray, or red.  The last color, blue, is reserved for the bigger news: A new Yacht Club Capri trim, a special edition model that is also blue. The model is named for the island of Capri, not far from Naples, Italy, and the numerous yachts that stop in there. Based on the penultimate Sport trim, it comes awash in Venenzia blue paint and sits on 18-inch wheels with Venezia blue accents outside, and gets Yacht Club Capri badging. Inside, Ivory leather seats with blue piping face an instrument panel with a woodgrain insert and shift lever given a satin finish. In other markets this same model is known as the Yachting Collector's Edition and is also available on the two-door all-electric 500, the build allotment limited to 500 numbered units. Fiat didn't mention limited production for the U.S. Every 500X is powered by a 1.3-liter turbocharged four-cylinder with 177 horsepower and 210 pound-feet of torque sending power to all four wheels through a nine-speed automatic. Fiat hasn't officially released pricing, but based on information found on auto pricing sites, it appears the automaker could have a $680 price increase in mind. Fiat says the current four trims will carry over, Pop, Trekking, Sport, and Trekking Plus. According to the info we found, only three are priced so far. Tentative pricing for 2022, including the whopping $1,495 destination charge, is: Pop: $28,120 Trekking: $29,255 Sport: $30,110 Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.