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Fiat pondering swallowing rest of Chrysler, US IPO

At the moment, Fiat is in court with the United Auto Workers, waiting for the justice system to provide some guidance on a fair price for 41.5-percent of Chrysler it doesn't own. Fiat owns 58.5 percent of the company and wishes to buy the remainder, which is owned by the union's VEBA retiree trust, but the Italian company and the UAW are on different sides of the galaxy when it comes to assigning a fair price to that outstanding stake.
Naturally, Fiat CEO Sergio Marchionne is considering his options. A new report in the The Wall Street Journal says one of the scenarios being considered now is - depending on the outcome of the court case - to purchase the 41.5-percent stake and then issue an IPO to recoup some of the cost. About two months ago, Marchionne put the odds of an IPO for a wholly combined Fiat/Chrysler at 50 percent. Even with the WSJ report, it's not clear if those odds have changed.
The current company structure leaves a lot of options as to how a potential IPO could be issued, but it's said that Marchionne is against it, preferring "to be one company," under Fiat, indivisible. If Fiat is finally able to purchase all of the Pentastar, it would get access to Chrysler's war chest, pegged at $11.9 billion at the end of Q3 in 2012, and that money can't come soon enough for a brand taking a beating in Europe and delaying product over cash concerns.

2014 Fiat 500 1957 Edition takes retro even further

It's been 57 years since the "new" Fiat 500 was introduced in 1957, and to celebrate this iconic inspiration for the current 500, Fiat has revealed a new commemorative model at the LA Auto Show. The 2014 Fiat 500 1957 Edition will only be offered in North America, and it goes on sale next spring.
Paying tribute to the "Nouvo Cinquecento," this special-edition Fiat 500 has a throwback styling with its 1957-era wheel design and Fiat logo. The 1957 Edition also comes in a limited color palette consisting of classic hues including light green and baby blue with two-tone white roof and mirrors or a solid all-white paint job.
We think it's pretty cute, and you can judge for yourself after viewing our high-res image gallery above. If you'd like, Fiat's official press release can be found down below.

VW's Goodwill Effort, Highlights from Dubai, Fiat's Truck | Autoblog Minute

Autoblog Senior Editor Greg Migliore recaps the week in automotive news. Including highlights from VW's TDI goodwill initiative, the Dubai motor show, and Fiat's new midsize pickup. Fiat Autoblog Minute Videos Original Video dubai dubai motor show