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2013 Fiat 500 Abarth Cabrio

To no one's surprise, I was stoked about the Fiat 500 Abarth Cabrio. I've always enjoyed the exquisitely flawed driving dynamics of the 500 Abarth hardtop, and the idea of being able to fold the top back and take it all in with some fresh air blowing around was really appealing. That super awesome exhaust note would no doubt be even more audible without a huge chunk of sheetmetal and glass in the way, and even with the slight weight penalty (33 pounds versus the hardtop), the Cabrio should still be just as tossable as ever.
So when the Fiat arrived at my door, I slid the roof back and stowed the normal press car paperwork in the glove box so it wouldn't fly about during what ended up being a genuinely spirited drive. I had a great time, and my subsequent days with the 500 Abarth Cabrio were just as enjoyable. Sunshine, Italian supercar-like rumble, and hilariously fun dynamics. Awesome.
But then I remembered my paperwork in the glovebox. And when I examined the fine print, my jaw dropped. The bottom line: $31,100, including $700 for destination. For a Fiat 500. Ouch.

Fiat announces an all-EV transition by 2030

Today, multiple European publications are reporting that Fiat boss Olivier Francois said that Fiat will become an EV-only brand.  Stellantis is talking a big game about its EV future. The new mashup of car brands initially made the claim that by 2030, 70% of Europe sales and 35% of U.S. sales will be of all-electric vehicles. Fiat going all-electric will help accomplish this goal. “Between 2025 and 2030, our product lineup will gradually become electric only. This will be a radical change for Fiat,” Francois says. ItÂ’s tough to pinpoint exactly what that means for the U.S. market, as Fiat is only hanging on by a shred here. The only 2021 model year car it sells now is the 500X. Both the 500L and 124 Spider are listed on FiatÂ’s website, but both are 2020 model year vehicles that arenÂ’t being renewed. The regular 500 is long gone, and thereÂ’s no indication that the redesigned electric-only 500 is on its way. If the U.S. does get to enjoy FiatÂ’s electric future one day, it could very well be with totally new and different models than what we see now. The crossover-like 500X is the only model to make it through FiatÂ’s recent purging, so another small, electric crossover could make sense in the U.S. later this decade. Of course, thatÂ’s assuming Fiat keeps a foothold in America. Francois provided a reasoning for announcing the switchover now. “The decision to launch the new 500 – electric and electric alone – was actually taken before Covid-19,” Francois says. “Even then, we were already aware that the world could not take any more compromises. We were reminded of the urgency of taking action, of doing something for the planet Earth.” We suspect StellantisÂ’ view on moving toward EVs heavily influenced the decision, too. Small EVs are all the rage these days in Europe, and FiatÂ’s lineup is packed full of small cars. The next reasonable guess at a new Fiat EV would be a production version of the Centoventi Concept. ItÂ’s FiatÂ’s interpretation of an electric Panda, and Fiat says its theoretical range maxes out at 310 miles. Of course, thatÂ’s only a concept, and it was revealed far before Stellantis was formed. WeÂ’ll only know how this will play out in time, as Fiat gave itself nearly a decade to transition from gasoline to electric cars. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Stellantis earnings rise along with EV sales

AMSTERDAM — Automaker Stellantis on Wednesday reported its earnings grew in 2022 from a year earlier and said its push into electric vehicles led to a jump in sales even as it faces growing competition from an industrywide shift to more climate-friendly offerings. Stellantis, formed in 2021 from the merger of Fiat Chrysler and FranceÂ’s PSA Peugeot, said net revenue of 179.6 billion euros ($191 billion) was up 18% from 2021, citing strong pricing and its mix of vehicles. It reported net profit of 16.8 billion euros, up 26% from 2021. Stellantis plans to convert all of its European sales and half of its U.S. sales to battery-electric vehicles by 2030. It said the strategy led to a 41% increase in battery EV sales in 2022, to 288,000 vehicles, compared with the year earlier. The company has “demonstrated the effectiveness of our electrification strategy in Europe,” CEO Carlos Tavares said in a statement. “We now have the technology, the products, the raw materials and the full battery ecosystem to lead that same transformative journey in North America, starting with our first fully electric Ram vehicles from 2023 and Jeep from 2024.” The automaker is competing in an increasingly crowded field for a share of the electric vehicle market. Companies are scrambling to roll out environmentally friendly models as they look to hit goals of cutting climate-changing emissions, driven by government pressure. The transformation has gotten a boost from a U.S. law that is rolling out big subsidies for clean technology like EVs but has European governments calling out the harm that they say the funding poses to homegrown industry across the Atlantic. Stellantis' Jeep brand will start selling two fully electric SUVs in North America and another one in Europe over the next two years. It says its Ram brand will roll out an electric pickup truck this year, joining a rush of EV competitors looking to claim a piece of the full-size truck market. The company plans to bring 25 battery-electric models to the U.S. by 2030. As part of that push, it has said it would build two EV battery factories in North America. A $2.5 billion joint venture with Samsung will bring one of those facilities to Indiana, which is expected to employ up to 1,400 workers. The other factory will be in Windsor, Ontario, a collaboration with South KoreaÂ’s LG Energy Solution that aims to create about 2,500 jobs. The EV push comes amid a slowdown in U.S.