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2024 Fiat 500e U.S. specs and pricing revealed

After announcing it would bring the electric 500e to the U.S., Fiat has finally revealed pricing and specifications for the American version. It's not quite the value proposition as it is in Europe, but it will still deliver superb styling with some advantages in range and weight over current competitors. As far as design and performance, the American 500e is effectively identical to the European version. It has the same single front motor making 118 horsepower and 162 pound-feet of torque paired with a 42-kWh battery pack. Range is lower than for Europe, but this is certainly a result of the EPA testing procedure. As such it returns 149 miles on a charge, which is identical to the base Leaf S. It's also better by 35 miles than the current Mini Cooper SE. The Fiat also boasts faster 85-kW DC charging than the Nissan and Mini, and unlike the Nissan, the Fiat has liquid-cooled batteries (which helps keep range and charging more consistent and is good for battery longevity). Fiat claims the 500e will charge to 80% in 35 minutes. Suspension uses MacPherson struts up front and a torsion-beam setup for the rear. Braking duty is split between front discs and rear drums. At just 2,952 pounds, close to 200 pounds less than the Mini and more than 500 pounds less than the Nissan. Only one version of the Fiat will be available at launch, the 500e RED, which is a special edition collaboration with the RED charity that raises money to combat AIDS. So a portion of the purchase goes to that program, like all RED products. It's also, naturally, only available in a bright red paint scheme with matching interior accents. It comes with 17-inch alloy wheels, a 7-inch digital instrument cluster, 10.25-inch infotainment screen, wireless charging, wireless Apple CarPlay and Android Auto, manually adjustable seats, automatic climate control, lane-keep assist, adaptive cruise control and automatic emergency braking with pedestrian detection. A level 2 home charger or public charger credits are included, too, all at the 500e RED's base price of $34,095 (including $1,595 destination charge). That makes it a little more than $2,000 more expensive than the base Mini Cooper SE and more than $4,000 more expensive than the Nissan Leaf S. It goes on sale in the first quarter of next year. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

How Renault, Fiat Chrysler, and yes, Nissan, could save through sharing

If French automaker Renault green-lights a proposed merger with Fiat Chrysler Automobiles, the companies almost immediately could begin saving money by consolidating components and basic structures on many of their most popular vehicles, an industry analyst said on Tuesday. The synergies could multiply if they invite Japanese automaker Nissan, currently Renault's alliance partner, to join the merger, according to a former Renault and Nissan executive. Renault and Italian-American rival Fiat Chrysler Automobiles are in talks to tackle the costs of far-reaching technological and regulatory changes by creating the world's third-biggest automaker. A Renault-Fiat Chrysler combination "would mean a greater sharing of parts (which) could really boost the profitability of Fiat Chrysler's smaller vehicles," said Sam Fiorani, vice president, AutoForecast Solutions. Building similar models on a common vehicle architecture, Fiorani said, "would give both companies a lot more freedom in manufacturing. They could mix brands and vehicle sizes on the same assembly line, switch vehicles between plants to balance production, and even shift production from one country to another, depending on changes in demand, tariffs or other considerations." Fiorani said Fiat Chrysler could benefit from sharing the French automaker's expertise in electric vehicles and powertrains, where Renault and Nissan have jointly invested more than $5 billion. These are areas in which Fiat Chrysler has little in the way of components or intellectual property. Another sector that is ripe for consolidation is light commercial vehicles, where Renault and Fiat Chrysler could build a variety of vans in several sizes on common platforms that could be assembled and sold in global markets. Ford Motor Co and Volkswagen AG began their alliance discussions a year ago by focusing on potential collaboration in light commercial vehicles. Getting Nissan's blessing Fiorani said Renault's CMF architecture, which was jointly developed with Nissan and underpins many of Renault's passenger cars and crossovers, could be used by Fiat Chrysler on a wide variety of vehicles. As an example, he said the CMF could provide a new single foundation for at least five Jeep models, including the Renegade, Compass and Cherokee, which now are based on four different platforms.

Chrysler purchases remaining shares from VEBA Trust, announces funding plan

It's official: The Detroit Three is now The Detroit Two and The Fiat Subsidiary, Chrysler. Both the Italian carmaker and The Pentastar announced the completion of cash payments and a Memorandum of Understanding (MOU) on future payments necessary to make the Chrysler Group a wholly-owned subsidiary of Fiat. As previously detailed, Chrysler made a cash payment of $1.9 billion and Fiat North America made a cash payment of $1.75 billion to the Voluntary Employment Benefit Association (VEBA) run by the United Auto Workers union.
On top of that, Chrysler Group signed an MOU that agrees to payments of $700 million to the VEBA in four installments, the first of which was made concurrently with the other cash payments. And for you trivia mavens, the full name of the UAW is the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America. So go impress your loved ones with that nugget after you check out the press release below.