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Fiat opens doors at Abarth factory on Google Street View

Google Street View has emerged as a great tool for checking out locations along your driving route, and even scoping out places you don't have a chance to go yourself. And that includes some great automotive installations. The online tool has taken us inside museums, race tracks and factories around the world, but while it has not to date allowed us virtual access to a European automotive factory, Fiat is out to correct that wrong by letting the Street View team inside Officine Abarth.
The new Abarth Virtual Tour allows online visitors to see the complex in Turin where it makes its hot hatches, including the lifts where the mechanics go to work, the paint spray booth, and a variety of technical workshops, as well as a display of historic Abarth models, a 360-degree view inside and out of the extreme Abarth 695 Biposto and even inside a reproduction of founder Karl Abarth's office. Scope it out for a visit inside Italy's premiere hot hatch studio.

Fiat Chrysler and PSA boards sign off on merger

MILAN — The boards of French carmaker PSA, the owner of Peugeot, and Fiat Chrysler in separate meetings on Tuesday approved a binding agreement for a $50 billion merger, sources said. The two midsized carmakers announced plans six weeks ago for a tie-up to create the world's No. 4 carmaker and reshape the global industry. A merger is seen helping them deal with big challenges in the industry, including a global downturn in demand and the need to develop costly cleaner cars to meet looming anti-pollution rules. Both companies declined to comment. A source close to FCA had said earlier the two companies could formally announce the agreement early on Wednesday, followed by a conference call to explain further details later in the day. China's Dongfeng Motor Group, which now has a 12.2% equity stake in PSA, will have a reduced stake of around 4.5% in the merged group, two sources said, in a move that could help make regulatory approval easier. According to the deal approved by PSA's board on Tuesday, FCA's robot unit, Comau, will remain within the combined group rather than be spun off as was originally planned in October, the sources said. The new group will evaluate how to extract value from Comau. Ahead of the meetings, entities representing the Peugeot family, Etablissements Peugeot Freres (EPF) and FFP, unanimously approved a proposed memorandum of understanding for the planned merger, a source familiar with the situation said. FCA and PSA are expected to finalise a deal by the end of 2020 to create a group with 8.7 million annual vehicle sales, a source said. That would put it fourth globally behind Volkswagen AG, Toyota and the Renault-Nissan alliance. It was only six months ago that FCA abandoned merger talks with PSA's French rival Renault. FCA would gain access to PSA's more modern vehicle platforms, helping it meet tough new emissions rules, while Europe-focused PSA would benefit from FCA's profitable U.S. business featuring brands such as Ram and Jeep. However, the deal could still face close regulatory scrutiny, while governments in Rome, Paris and unions are all likely to be wary about potential job losses from a combined workforce of around 400,000. PSA's Carlos Tavares will be chief executive and FCA's John Elkann — the scion of Italy's Agnelli family, which controls FCA through their holding company Exor — chairman of the combined company.

Fiat 500 Abarth appears in its fastest form yet

Fiat ended the Abarth-trained 500's career in the United States, but the fun-sized hot hatch is still around in Europe. It just spawned a new limited-edition model named 695 EsseEsse that's lighter and quicker than the production car. Offered exclusively as a hatchback, the 695 EsseEsse wears a redesigned hood that weighs 25% less than the standard car's because it's made out of aluminum instead of steel. If you're taking notes for a car-spotting trip to Italy, keep in mind the new-look panel features a pair of domes not found on the standard 695. Out back, the EsseEsse inherits a sizeable spoiler from the 70th Anniversary model whose angle can be manually adjusted from 0 to 60 degrees. When set to 60 degrees, the wing provides up to 93 pounds of additional downforce. Abarth made no major mechanical modifications to the 695, so power comes from a turbocharged, 1.4-liter four-cylinder engine tuned to develop 180 horsepower and 184 pound-feet of torque. It spins the front wheels via a five-speed manual transmission operated with a carbon fiber shift knob, and it exhales through an Akrapovic exhaust system that's lighter than the unit fitted to the standard 695. We're told it sounds better on and off the track, too. Hitting 62 mph from a stop takes 6.7 seconds, and Abarth quotes a top speed of 140 mph when the rear wing is set to 0 degrees. Koni shock absorbers ensure the EsseEsse is just as thrilling on a twisty road as it is in a straight line. Abarth will make 1,390 units of the 695 EsseEsse, and production will be split evenly between Scorpion Black (pictured) and Campovolo Gray. Pricing hasn't been announced yet, but it's of little interest to American enthusiasts because nothing suggests the 500 and its Abarth-tuned derivative will make a comeback in the United States. What's in a name? Rewind to 1964, when the 500 used a rear-mounted air-cooled engine and Abarth operated as a tuner rather than as a sub-brand. It transformed the tiny 500 into a sports car by increasing the two-cylinder's displacement to 690 cubic centimeters (42.1 cubic inches) and fitting it with wider wheel arches, among other modifications. The end result was a 38-horsepower pocket rocket capable of reaching 87 mph, an unbelievable speed at the time.  Abarth named its creation 695 SS, and it wrote out the acronym on the engine cover instead of using the two letters. It's like if Chevrolet had fitted "Impala EssEss" badges to the Impala SS. Production was capped at 1,000 units.