2014 Fiat 500l Trekking on 2040-cars

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2014 Fiat 500L Trekking takes the hatchback into the big leagues

Didn't think it was possible to pull and pry at the diminutive Fiat 500 with enough gumption to make the Italian hatchback qualify as a large car (according to the EPA, at least)? Witness the Fiat 500L Trekking, seen above. It's a full 26-inches longer than the regular 500, and it's grown six-inches taller and wider.
All that stretching means there is 42 percent more interior room in the 500L than the standard car, which means it's a good thing the only engine available is Fiat's 1.4-liter MultiAir turbo four-cylinder engine, as seen in the Abarth, with 160-horsepower and 184 pound-feet of torque. A manual gearbox is standard, and a dual-clutch automatic is optional, each with six gears.
The Trekking model features unique front and rear fascias and 17-inch alloy wheels to set it apart from the base 500L, and the black wheel arch and body-side sill moldings make it look more aggressive. Want to know more? Check out the high-res gallery above and scroll down below for the press release.

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.

Fiat 500L production halted in Serbia

News is trickling out of the Serbian factory that's responsible for Fiat 500L production that work has stopped due to a delay in parts delivery. Fiat has been mum on the reasoning for the stoppage, which is going on its tenth day, according to Automotive News. "Production ceased on Wednesday and we still don't know when it will resume," said a spokesperson for Fiat's Serbian operations.
While Fiat isn't saying what the issue is, AN is reporting a number of workers for a local transport company are protesting over unpaid wages. They've blocked the road and rail lines leading towards the factory, preventing the delivery of parts for production.
If the stoppage continues, it's going to be bad news for the 500L, as its numbers have just started to pick up following its launch in June. According to a report earlier this month, sales cracked 1,000 units in September. A lengthy delay in production will also count as another blow for local Fiat dealers, which have struggled over small profits, a limited lineup and rumors that Fiat stores will not be selling the Alfa Romeo 4C as promised.