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Fiat thinks big with new pickup for global markets

Fiat is thinking small in the United States, it will soon discontinue the 500X and bring the tiny 500e EV to our shores, but its global range will continue to include bigger models. One of its not-so-city-friendly vehicles is a medium-sized body-on-frame truck announced for Brazil. Official details about the pickup are few and far between, we don't even know what it will be called yet, but a preview image released by the company's Italian division reveals familiar styling cues. The grille, the shape of the headlights, and the kink in the beltline remind us of the Peugeot Landtrek, a body-on-frame truck designed jointly with Chinese carmaker Chang'an and sold in some global markets since 2019. Fiat hasn't confirmed that its upcoming truck is Peugeot-based but borrowing the Landtrek's platform would make sense: the two companies both live under the Stellantis umbrella. And, the Landtrek is largely sold in countries that Peugeot has historically been strong in, such as certain African nations, but it's not available in Brazil, where Fiat dominates a pickup segment growing at a surprisingly quick rate. The firm claims that its Strada, a small car-derived model that makes the Ford Maverick look a little big-boned, is the best-selling pickup in Brazil. Additional details about Fiat's next truck will emerge in the coming months. When it lands, it will join the aforementioned Strada and a unibody, Jeep Renegade-derived model called Toro in showrooms. Nothing suggests the pickup will be sold in the United States and it may not turn a wheel in Fiat's home country, where the company hasn't sold a truck since the Mitsubishi L200-derived Fullback retired in 2019. Related Video This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Fiat Truck Future Vehicles

2020 Fiat 500X Sport Design Driveway Test

The Fiat 500X received a big update for 2019 with a new 1.3-liter turbocharged engine. As such, it's no surprise the 2020 Fiat 500X only sees minor updates, but one of them is rather striking, the introduction of the Sport trim level. However, it's only an appearance change, so it doesn't drive any better than the base model. The changes are impressively effective at evoking sportiness, though. All of the fender flares and side skirts are changed to body color, giving the car a lower, wider look. This is aided by the revised front and rear bumpers. At the front, the bumper gets larger grilles, and at the rear is a faux diffuser and vent design instead of a faux skid plate finish. Adding a bit of contrast are satin grey metallic accents on the front bumper, door handles and mirrors. The same color is applied to the large 19-inch alloy wheels. The look is smart and sporty all around, and really helps distinguish the 500X in a sea of tiny crossovers cosplaying as more rugged SUVs. Our particular example also came with the optional contrasting black roof. It's $445 and seems worth it, particularly with one of the bright gloss colors such as our Rovente Red — Italia Blue or Bianco Gelato are also acceptable alternatives. It highlights those bright colors effectively and adds some visual interest to the package. Fiat also added some interior touches to complement the sporty character. The Alcantara-trimmed steering wheel and Alcantara wrappings on the instrument cluster are both immediately noticeable. And, with how common Alcantara has become in high-end sports cars, these are effective at conveying a sporty feeling, as do the paddle shifters that the package also adds. The dashboard's satin gray paint is another highlight that matches the exterior accents. While body color panels would be brighter and more cheerful, this satin paint feels more premium than gloss paint when running your hands across it. The embroidered 500 logo in the seats is another premium-feeling accent. These are appreciated in a cabin where there are less prominent plastics that feel especially low rent. Now, the Sport trim is easily our favorite looking version of the 500X, but there's an added cost for the improved looks. It's $2,305 above the base trim, not including the two-tone paint, and it really only nets you the appearance items and the shift paddles.

Marchionne's pay as Fiat CEO falls to $5M

Sergio Marchionne will be buying fewer of his iconic sweaters, as his 2013 pay from Fiat took a dip from $6.24 million to an even $5 million. Marchionne, who was also CEO of Chrysler, made $307,989 thanks to some stocks and benefits from the American company, although he didn't take a salary. Of that $5 million paid by Fiat, $3.19 million came from Marchionne's fixed salary while the remaining $1.8 million was paid for hitting unspecified performance targets.
The news comes from Fiat's compensation reports, which also showed that the 61-year-old, who already owned three million shares in Fiat at the end of 2013, was able to receive an additional 2.3 million shares through a stock incentive program. According to Automotive News Europe, the additional shares would be worth about $25 million at today's prices, although so far, Marchionne has declined to claim the extra shares.
According to ANE, Fiat reported a 2013 trading profit of $4.7 billion.