2015 Fiat 500e Battery Electric Hatchback on 2040-cars

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Fiat will start selling 500e in Oregon this summer

Even thought demand in California for the Fiat 500e electric vehicle is growing, the fun little EV is about to grown its sales to the north. Fiat US chief Jason Stoicevich tells Wards Auto that sales of the EV will start in Oregon this summer, adding that green-minded Portland will likely be a strong market for the model. Fiat 500e demand in California is "fantastic." This year's first-quarter sales of the gas-powered and EV variants of the 500 were up about 19 percent from a year earlier, as a recent TV ad campaign featuring Sean "P. Diddy" Combs and the model's availability at about 220 dealerships appear to have been effective. Stoicevich didn't give any specific sales figures for the 500e, though he did say demand in California is "fantastic." "After its introduction in California last year, the Fiat 500e has been a great success for our brand in just a short period of time," Fiat spokeswoman Angela Bianchi wrote in an e-mail to AutoblogGreen while confirming the debut of 500e sales in Oregon this summer. "Oregon is the second-largest ZEV (zero-emissions vehicle) state after California." Late last year, Wards Auto named the 500e motor to its 10 Best Engines list, making the model the first Fiat ever to receive that honor. The 500e has 111 horsepower and can go 87 miles on a single charge. The 500e also won Road & Track's 2013 award for best electric car in November as the model was praised for its power and handling. Read our review of the 500e here.

Fiat thinks big with new pickup for global markets

Fiat is thinking small in the United States, it will soon discontinue the 500X and bring the tiny 500e EV to our shores, but its global range will continue to include bigger models. One of its not-so-city-friendly vehicles is a medium-sized body-on-frame truck announced for Brazil. Official details about the pickup are few and far between, we don't even know what it will be called yet, but a preview image released by the company's Italian division reveals familiar styling cues. The grille, the shape of the headlights, and the kink in the beltline remind us of the Peugeot Landtrek, a body-on-frame truck designed jointly with Chinese carmaker Chang'an and sold in some global markets since 2019. Fiat hasn't confirmed that its upcoming truck is Peugeot-based but borrowing the Landtrek's platform would make sense: the two companies both live under the Stellantis umbrella. And, the Landtrek is largely sold in countries that Peugeot has historically been strong in, such as certain African nations, but it's not available in Brazil, where Fiat dominates a pickup segment growing at a surprisingly quick rate. The firm claims that its Strada, a small car-derived model that makes the Ford Maverick look a little big-boned, is the best-selling pickup in Brazil. Additional details about Fiat's next truck will emerge in the coming months. When it lands, it will join the aforementioned Strada and a unibody, Jeep Renegade-derived model called Toro in showrooms. Nothing suggests the pickup will be sold in the United States and it may not turn a wheel in Fiat's home country, where the company hasn't sold a truck since the Mitsubishi L200-derived Fullback retired in 2019. Related Video This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Fiat Truck Future Vehicles

Fiat To Pay $3.65 Billion For Remaining Chrysler Shares

Italian automaker Fiat SpA announced Wednesday that it reached an agreement to acquire the remaining shares of Chrysler for $3.65 billion in payments to a union-controlled trust fund. Fiat already owns 58.5 percent of Chrysler's shares, with the remaining 41.5 percent held by a United Auto Workers union trust fund that pays health care bills for retirees. Under the deal, Fiat will make an initial payment of $1.9 billion to the fund, plus an additional $1.75 billion upon closing the deal. Chrysler will also make additional payments totaling $700 million to the fund as part of an agreement with the UAW. The deal is expected to close on or before Jan. 20, according to a statement from Chrysler. Sergio Marchionne, CEO of both Fiat and Chrysler, has long sought to acquire the union's shares in order to combine the two companies. "The unified ownership structure will now allow us to fully execute our vision of creating a global automaker that is truly unique in terms of mix of experience, perspective and know-how, a solid and open organization," Marchionne said in a statement issued by Turin, Italy-based Fiat. The deal eliminates the need for an initial public offering of the union fund's stake, which analysts had previously valued at $5.6 billion. Fiat went to court last year seeking a judgment on the price, but the trial date was set for next September. Marchionne can't spend Chrysler's cash on Fiat's operations unless the companies merge. In recent months he made it clear that he preferred to settle the dispute without an IPO, but filed the paperwork for the offering in September at the trust's request. Chrysler's profits have helped prop up Fiat on the balance sheet as the Italian automaker struggles in a down European market. The Auburn Hills, Mich., automaker earned $464 million in the third quarter on U.S. sales of the Ram pickup and Jeep Grand Cherokee, its ninth-straight profitable quarter. The results boosted Fiat, which earned $260 million in the quarter. Without Chrysler's contribution, Fiat would have lost $340 million. UAW/Unions Chrysler Fiat