Fiat 500 Sport Performance - Abarth Upgrades! on 2040-cars
San Carlos, California, United States
Body Type:Hatchback
Engine:1.4L I4 SOHC
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Interior Color: Red
Make: FIAT
Number of Cylinders: 4
Model: 500
Trim: Sport Hatchback 2-Door
Drive Type: FWD
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Mileage: 4,390
Exterior Color: Black
Up for sale is one of the nicest, most unique FIAT 500's you'll find on the road. This car has been upgraded at the dealer with nearly all of the top performance components available, and lots of custom interior upgrades! The car has extremely low miles as it was a 3rd car for the past 10 months. Single enthusiast owner, non smoker. It has been garaged for the duration. It started out briefly as a Fiat 500 Sport, but it is so much more today! The dealer designed it to be an ABARTH replica with even better upgrades in some cases, but without the premium price tag. Upgrades include a performance suspension, Sparco wheels, performance exhaust, a custom black/red leather interior with 500 stitching, custom carbon fiber shift knob with 500 badging, a short shift kit, throttle sensitivity adjustment control, SIRIUS Satellite Radio, and HID headlamps. The car even has custom red race striping and tinted rear windows. All modifications were done BY THE DEALER and sold with the car!! It's the closest you can get (and in some cases even better than) the ABARTH without the premium price tag (ABARTH is $10K more)!! These mods would cost more than $6,000 alone, not including labor, if you were to do them today. Factory features also include BOSE Premium Audio system with subwoofer, iPod integration, Blue&Me Bluetooth and voice activated control system. If you're looking for a head turner that is practically brand new with only 4400 miles and less than 1 year old, you have found your car! I hope you'll enjoy driving it as much as I have.
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Auto Services in California
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Ferrari IPO could come any day now
Sun, Jul 12 2015According to Bloomberg, Fiat Chrysler Automotive Sergio Marchionne told reporters at the Toronto Global Forum that the Ferrari IPO could come any day now. "We are days away from filing the prospectus," said Marchionne, who declined to confirm whether rumors of involvement from UBS Group AG, JPMorgan Chase & Co and Goldman Sachs Group were accurate. In addition to an expected filing in New York, Marchionne hinted that a secondary filing could take place in Milan, Italy. Although the FCA Chief Executive didn't offer any expected sum for Ferrari, he had previously suggested that an IPO for the iconic Italian brand could be worth $1 billion, ringing the registers to the tune of 10 percent of the company's $11 billion valuation. According to Bloomberg, that potential sum is significantly higher than its own internal figures indicate after taking a poll of analysts who we assume must know a heck of a lot more about such things than we do. Considering how close we apparently are to the actual filing, though, we probably won't have to wait long to find out. Another hot topic any time Sergio is the subject of reporter questioning is a potential merger with General Motors or another large, full-line automaker. It seems there aren't any new revelations to reveal on the consolidation front, though Marchionne told reporters there were no plans to mount a hostile takeover of GM or any "other, less optimal" partners. Related Video: News Source: BloombergImage Credit: STR/AFP/Getty Earnings/Financials Chrysler Ferrari Fiat Sergio Marchionne FCA
Marchionne: Maserati to ‘switch all of its portfolio to electrification’
Tue, Aug 1 2017After 2019, all Maseratis will be electrified, according to FCA CEO Sergio Marchionne. It's part of a larger electrification strategy from FCA as a whole, which intends to have half of its fleet electrified by the end of its five-year plan through 2022, Marchionne said. On an earnings call last week, he said: I'll give you a couple of broad sort of indications of where we are today in terms of the delineation of the post 2018 FCA. The first one and I've mentioned this in passing and other occasions about the fact that there's nothing that will prevent an OEM from engaging in the type of development work that Tesla has done so far. We have been – as you well know, we have been reluctant to embrace that avenue until we saw a clear – a path forward. I think we're now in a position to acknowledge at least one of our brands and in particular Maserati will, when it completes the development of its next two models effectively switch all of its portfolio to electrification. It's especially significant because of FCA's feet-dragging when it comes to offering hybrid and electric vehicles. As it currently stands, Fiat offers the 500e – of which Sergio Marchionne has said "I hope you don't buy it" because the company loses money on them — and Chrysler offers the Pacifica Hybrid minivan, which experienced significant launch delays. While diesel is an important part of the emissions strategy for 2020 standards in Europe, Marchionne said he thinks the current situation leaves diesel in a "weaker state" as a solution. Hence the electrification push. He said, "I think what has really made the issue absolutely mandatory now is the fate of diesel and the fact that it's actually the inclusion of, especially in Europe, of some type of electrification on gas engines is inevitable." In the short term, at least, it will put pressure on prices. Though Marchionne said he's "encouraged" by the direction of battery costs, he said, "I still think that there's going to be a huge increase in prices in 2021, 2022. If effectively the electrification becomes as widespread as people expect, there has to be a shift in pricing." He also says that FCA has no intention of making its own batteries. "Given the level of knowledge and depth of that knowledge that sits with other people in the industry, what right do I have to enter that space? None." We already know what the first two plug-in vehicles from Maserati will likely be. The company plans to launch an all-electric Alfieri in 2020.
Ferrari to be spun off from Fiat Chrysler
Wed, 29 Oct 2014The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further capital campaign to be based on the enormous asset that is Ferrari.
FCA's board of directors has just approved the separation of Ferrari from the rest of the group as a separate entity. Once that separation is complete, Ferrari will put 10 percent of its shares on the stock market "in the United States and possibly a European exchange" as well.
This isn't the first time that the idea of a Ferrari IPO has been raised. Sergio Marchionne, chief executive of Chrysler, Fiat and Ferrari (pictured above), first raised the idea four years ago. Former Ferrari chairman Luca di Montezemolo nixed the idea, but now that he's been discharged, it appears there's nothing to get in the way of Marchionne's desires.