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Fiat 124 Abarth spied looking sporty

Fiat isn't wasting any time. Mere weeks after the Italian brand introduced the new 124 Spider, we've captured our first spy shots of the Scorpion-badged Abarth model undergoing testing somewhere in Europe. The biggest giveaway that this is the hotted-up 124 are the four pipes sticking out of the rear bumper. While we can get a good look at the new exhaust arrangement, camouflage conceals a new bumper with bigger front intakes, meatier side sills, and of course, bigger wheels. As for the matte black hood – a touch that would be inspired by the Abarth 124 of yore – we simply can't spot anything to indicate that it's here (or that it's not, for that matter). You can check out this render for an idea of what the body mods will end up looking like. While our spies are reporting that the 124 Abarth will only get 170 horsepower in standard trim, that shouldn't disappoint you. Like the 500, the European 124 Abarth will likely come in two power levels, with the US market Abarth getting the higher output as standard. Our spies expect the EsseEsse model to produce 210 to 220 hp, which will probably sound a bit more palatable to US enthusiasts. There's no telling when the 124 Abarth will debut right now – it's still a bit too early in the process – although either Geneva or New York, both of which take place near the beginning of convertible season, would probably be safe bets.

Mazda and Fiat finalize deal for Alfa roadster, next-gen MX-5 Miata

Although a little bit later than expected, Mazda and Fiat have signed a final agreement that will bring a next-generation MX-5 Miata to the Japanese automaker and a new roadster to Alfa Romeo. When the proposed arrangement was announced back in May, the two automakers had hoped to seal the deal last year, but it doesn't appear that the production timeline for these cars has slipped any, with both expected to start rolling off assembly lines in 2015.
Other than a shared chassis with a rear-wheel-drive layout, it sounds like the two cars are still planned to be distinct in their own ways from their styling right down to their engines. Mazda will produce both cars at a plant in Hiroshima, Japan, but it isn't clear what role each automaker will play in the cars' developmental process. The big question, of course, is what clever portmanteau name we can come up with, like Toyobaru. Mazda Romeo is the easy choice, but Alfazda might roll off the tongue a little better.
Scroll down for a brief press release from both automakers.

Alfa Romeo will gain a Jeep Compass-based SUV

It was reported earlier this week that FCA would invest into its Italian factories to ramp up production at currently underutilized locations. Those plans have now been clarified with official information from FCA, as reported by Automotive News. The entire investment is worth $5.7 billion. First of all, Alfa Romeo will gain a new compact SUV based on the Jeep Compass architecture. The still-unnamed model will be available as a plug-in hybrid, and it will be built in Pomigliano, Italy. No U.S. availability has yet been announced, but it would not be odd to see the Compass-based model sold below the Stelvio in the States. The last time Alfa Romeo had anything similar in its model portfolio was when it offered Crosswagon-badged four-wheel-drive versions of the 156 and 159 wagons. As for the Jeep Compass itself, it will begin to be built at the Melfi plant in Italy. The rumored small "baby" Jeep slotting under the Renegade has not yet been officially mentioned. Fiat will introduce a battery electric 500, built in Turin, and the Pomigliano plant that will make the compact Alfa Romeo SUV will also be used to build a mild hybrid version of the Panda city car. The 500X will gain a PHEV variant. The Stelvio platform will also spawn a corresponding SUV for Maserati, and FCA also mentioned Maserati will introduce a new, unnamed model it will make in Modena. Automotive News quotes Italian press as saying this will be the Alfieri coupe and convertible, also offered as battery electric versions. Related Video: