2014 Fiat 500l Trekking on 2040-cars

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Marchionne recruiting activist investors to prompt GM merger

Sergio Marchionne may have been rebuffed in his previous advances at General Motors, but he's not about to give up that easily. According to The Wall Street Journal, the Fiat Chrysler chief is now turning to activist investors to help coax GM into joining forces. Marchionne has been a staunch and ceaseless advocate of the need for consolidation, arguing that the industry needs to amalgamate into larger groups that will share resources and reduce overhead. Under his leadership, the Fiat group consolidated its own operations, and officially merged with Chrysler last year. But he's also been pursuing additional mergers with the likes of Volkswagen, Peugeot, Ford, and Opel (to name just a few). Now he's pursuing a merger with GM, which has not shown much enthusiasm towards the idea. For one thing, GM is a much larger company, and probably doesn't need FCA as much as FCA needs it. For another, it has a troubled past with Marchionne, who in 2005 dissolved an agreed merger (of sorts) with GM, yet still managed to get the General to pay Fiat some $2 billion in the process. However, Marchionne is evidently hoping that the intervention of activist investors could compel GM CEO Mary Barra and company to proceed with a merger anyway. For precedent, he's looking at the recent negotiation between GM and some of its stakeholders that prompted the company to buy back $5 billion of its own shares, demonstrating Barra's willingness to deal with investors. The more compelling precedent, however, may have been set in 2006, when activist investor Kirk Kerkorian locked arms with Carlos Ghosn to get GM to consider joining the alliance between Renault and Nissan. GM ultimately declined, and Ghosn turned instead of Daimler (which of course has its own history of having merged with Chrysler). Only time will tell if this initiative will prove more successful, but one thing's for sure, and that's that Marchionne isn't about to relent in his pursuit of a major merger partner.

2023 Fiat 500e First Drive Review: A European preview

TURIN, Italy – AmericaÂ’s relationship with the Fiat 500 has been rocky at best. Skimming over the original, pre-war model, the second-generation 500 (the one with a rear-mounted engine) was briefly sold here with funky headlights that stuck out from the front end like a bugÂ’s eyes. Small and underpowered, though a tremendous amount of fun to drive in its own way, it didnÂ’t catch on and moseyed out of our market after a few short years. The third-generation 500 spearheaded FiatÂ’s return to the United States when it disembarked here in 2012. It sold as well as you can expect a European-flavored subcompact hatchback to sell in the Ford F-150Â’s bastion and bowed out in 2019, though itÂ’s still sold across the pond alongside its intended successor. That would be the fourth-generation 500, unveiled in 2020, which kept the retro design but went electric-only. Sales in the United States are scheduled to start in early 2024, meaning the cheeky hatchback will be about four years old by the time it turns a wheel on American pavement. Is it worth the wait? I traveled to FiatÂ’s home town of Turin in northern Italy to get a better idea of what makes this fun-sized EV buzz. ThereÂ’s one point I need to address right off the bat: what you see in our gallery isnÂ’t exactly what youÂ’ll get when the new 500 rolls into American showrooms with an “e” attached to the end of its name. Fiat hasnÂ’t detailed the American-market model yet, but itÂ’s reasonable to assume most of the changes will be found on the specifications sheet and on the list of standard and optional equipment. Fiat canÂ’t take a European-market car and ship it here unchanged, but IÂ’m not expecting significant updates to the exterior or interior design — nothing suggests it will morph into an outdoorsy four-door crossover. Speaking of design, itÂ’s been the 500Â’s main selling point since the last-generation model made its debut in 2007 so FiatÂ’s edits were pretty light. IÂ’d guess someone who isnÂ’t up to date with whatÂ’s happening on car planet might not realize that theyÂ’re looking at a new 500, and thatÂ’s intentional. Still unabashedly retro, the model stands out from its predecessor with a new-look front end that features two-piece LED headlights and a big “500” emblem, bright beltline trim and a more chiseled hatch.

Dodge Charger and Challenger will live on, but a new Viper is unlikely

BALOCCO, Italy — As FCA's latest five-year plan was presented last week, most of the day was focused on four brands — Jeep, Ram, Maserati and Alfa Romeo. That left a lot of people wondering about the future of the Chrysler, Fiat and Dodge nameplates. At the last five-year event, Dodge was one of the main features. We heard plans for an expanded lineup that included refreshed versions of the Viper, Challenger and Charger, the last two riding on the Alfa Romeo Giorgio platform. Times sure have changed. Dodge isn't going away, but the brand will be narrowed and focused. Performance is the name of the game, but don't look for a new Viper anytime soon. FCA CEO Sergio Marchionne simply said it's "not in the plan." Marchionne thought it was a great idea but that it couldn't live on as a standalone product. If it does eventually return, expect it to share parts with other FCA products, possibly with one of the upcoming Maseratis. On the other hand, Marchionne confirmed that both the Dodge Challenger and Charger will continue to live on. In the last five-year plan, FCA said that the pair would share underpinnings with future Alfa Romeos. That was promising news for those hoping for smaller, lighter versions of each model that would be better suited to fight models like the Ford Mustang and Chevy Camaro. It seems the Alfa Romeo platform is off the table. Marchionne said the current LX platform would indeed live on, though it would be "unrecognizable" compared to what we have today. The LX architecture is ancient, and, although it's been continuously updated, its basic bones date back to the DaimlerChrysler days. Marchionne said that the Alfa platform just doesn't have the character American shoppers are looking for in those vehicles. It's unclear when the next iteration of the Charger and Challenger will arrive, but expect another refresh sometime before 2022. Look for an updated version of the tried-and-true Hemi V8. Rumors continue to swirl about a larger and more powerful 7.0-liter variant dubbed the Banshee, but we'll have to wait and see how that pans out. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.