2015 Fiat 500 Pop Hatchback on 2040-cars

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PSA reportedly ditching its two tiny gasoline city cars ahead of merger

The Peugeot 108.   PARIS — PSA is ending the production of Peugeot and Citroen small city cars, three sources told Reuters, withdrawing from an increasingly unprofitable market as its starts a strategic review ahead of its planned merger with Fiat Chrysler. While PSA had already agreed to sell its stake in its Czech joint venture with Toyota where the Peugeot 108 and Citroen C1 models are made, the decision to stop selling the gasoline cars altogether has just been taken, the sources said. Carmakers are reviewing the production of vehicles with combustion engines as they need to fit costly exhaust filtering systems to meet tighter emissions laws. That's pushing up the cost of some so-called entry-level A segment cars to the point where they are hard to justify economically. "PSA is getting out of both the factory and the A segment business, as it is offered today, and on which manufacturers have arguably lost the most money in Europe," one of the sources familiar with the matter said. PSA declined to comment on the future of the two small cars. It said it was reviewing which products would best meet customer expectations in the A segment and cope with European carbon emissions targets. "This means a reflection with fresh and disruptive ideas," a spokesman for the French carmaker said. The European Commission is planning to tighten its emissions limits for cars under new proposals designed to cut the bloc's greenhouse gas output further by 2030. PSA's merger project with FCA has also increased the options available, two of the sources said, as the Italian-U.S. company has no intention of abandoning its small best-selling Panda and 500 models. Both already have hybrid versions and the 500 is also available in full electric mode. "Current projects could be replaced by new ones made possible by the merger with FCA", another source said. "The merger is turning all the cards around, especially when you consider that the A segment, from the very first 500 to the Panda, is inseparable from Fiat history". FCA declined to comment. PSA and FCA aim to finalize their merger in the first quarter next year to create a new company called Stellantis, which will be the fourth-biggest automaker in the world. Market contraction The European market for frugal city cars has been shrinking for several years.

New Fiat Chrysler CEO picks management team to tackle industry in flux

MILAN/DETROIT — Fiat Chrysler's new boss unveiled his management team on Monday, seeking to revive the automaker in Europe, forge ahead in North America and keep the group in contention in the industry's race to develop self-driving and electric cars. Mike Manley took over in July after long-time chief Sergio Marchionne fell ill and later died after succumbing to complications from surgery. British-born Manley has since pledged to carry through a strategy Marchionne outlined in June to keep FCA "strong and independent." "The next five years will continue to be extremely challenging for our industry, with tougher regulations, intense competition and probably slower industry growth around the world," Manley said in a letter to employees on Monday. "Nevertheless, with a laser focus on execution and a continued flexibility that allows us to adjust as circumstances change ... we have a clear line of sight to achieving our five-year ambitions." Manley appointed Pietro Gorlier, thus far chief operating officer of FCA's components business, as FCA's next European chief to tackle a region where profitability is below that of peers, many workers are stuck in furloughs and various plants run at below capacity. The carmaker's previous European chief Alfredo Altavilla left after FCA appointed Manley as Marchionne's successor. As head of the components unit, Gorlier has also led Magneti Marelli, the parts unit that FCA may either spin off or sell. He will be succeeded at Magneti Marelli by the parts maker's lighting division head Ermanno Ferrari. Japan's Calsonic Kansei has been in talks with FCA about buying the unit, sources familiar with the matter have said, but no binding agreement has been reached and the deal could still fall apart. Choosing an Italian as head of Europe might soothe some fears in Italy that FCA could weaken its link to Fiat's roots. In his last strategy unveiled in June, Marchionne vowed to convert Italian plants to churn out Alfa Romeos, Jeeps and Maseratis instead of less profitable mass market vehicles to preserve jobs and boost margins. Europe will also become a big part of the company's electrification drive. FCA will copy in Europe what worked in the United States, where it retooled plants to build pricier SUVs and trucks in a move since emulated by bigger rivals Ford and GM. Manley also named new managers to succeed him at Jeep and RAM, the two brands which have been driving profits in recent years and remain at the core of growth plans.

Junkyard Gem: 2012 Fiat 500 Pop

FCA just announced that the Fiat 500 hatchback and convertible get the US-market axe after this year, not even a decade after the car reintroduced us to the Fiat marque. I've been seeing crashed 500s in big American wrecking yards for years now, but now some non-crunched examples are showing up on my junkyard journeys. I decided that I'd commemorate the rise and fall of the 500 by photographing this giallo 2012 500 Pop, found in Denver. According to an industry person who wishes to remain anonymous, Fiat was short on automatic-equipped 500s for 2012 (the first model year of North American sales), so a few hundred of the early Pop-trim-level cars got yellow or red paint and these black stripes and badging to help them move off the showroom floors despite their sales-killing third pedals. Soon after, the Fiat 500 Stinger appeared. I don't know why anyone wouldn't have preferred this car with the manual transmission, but reality dictates that little economy cars with three pedals can be virtually unsellable once they get some miles on the clock. This 500 has some body damage (that might have happened after it got to the junkyard) but looks pretty clean overall. Sold new in Colorado, will be crushed in Colorado seven years later. The Multi-Air four-banger in the '12 500 generated 101 horsepower, which wasn't much for a 2,500-pound car (by 21st-century standards). For commuting purposes, though, it was fine, and the 5-speed made it reasonably fun. Pop was the cheapest trim level for the 2012 500, so the interior didn't offer much snazz beyond the body-colored dash panels. Now that these cars have become so cheap, it's time to consider the most crazy-per-dollar junkyard engine swaps for them. Think a narrow-angle turbocharged V6 would fit in a 500? This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The next wave of Italians has come to America … and they've come to party.