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Buy a Fiat 124 Spider Abarth, get a free day of driving school

We know the Mazda MX-5 Miata and the Fiat 124 Spider are basically the same car underneath. As we pointed out in our first drive of the 124 Spider, the two cater to different drivers, so it can be tough to choose a favorite. FCA has made deciding between the two sports cars a little harder, as it will offer Abarth owners a free day of high-performance driving instruction with their cars. Anyone buying or leasing a new Fiat 124 Spider Abarth or a Fiat 500 Abarth will get a free, one-day class at the Bob Bondurant School of High Performance Driving in Phoenix. Bundling driving school with brand-new performance cars isn't unheard of – Dodge and Bondurant recently announced a similar program for the Viper – but it is quite rare for vehicles priced below $30,000. The free session will include instructor-led skid, autocross, slalom, and team rally cross activities, in addition to hot laps. While the one-day course is included for free, travel, food, and hotel expenses aren't covered. Fiat-less people can also join in on the fun buy purchasing the Abarth experience separately. Bondurant one-day classes cost at least a grand, which makes the Fiat price of $0 a good deal as long as you can get yourself there relatively cheaply. But is this enough for drivers to choose the 124 Spider Abarth over an MX-5 Club? This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Related Video: Featured Gallery Bob Bondurant Fiat 124 Spider Abarth Related Gallery 2017 Fiat 124 Spider: First Drive View 30 Photos News Source: FCAImage Credit: FCA Fiat Mazda Convertible Performance fiat 124 spider abarth

Fiat 500 gets unique leather trim for charity auction

It may or may not be to everyone's liking, but the Fiat 500 definitely has a style all its own. This particular example, however, takes it even further. What you're looking at is the very first example of the freshly facelifted 500 to roll off the assembly line. But it's not just the serial number that makes it special. The convertible model is painted in Bossa Nova white with a red roof and the 1.2-liter four-cylinder engine with a modest 69 horsepower. What sets it apart, though, is the unique treatment applied by Stefano Conticelli. The Umbrian master craftsman has hand-applied honey-gold leather trim, but not inside where you'd expect it: the exterior has been decked out in the buttery-soft hides, including the wheel arches, along the quarter panel, on a stripe running down the flank nose, and around the head- and taillights. The leather trim is outlined with a blue stripe reminiscent of Riva yachts. The wing mirrors, meanwhile, have been done up in mahogany wood, and a picnic basket is affixed to the tailgate. The result, even more than a standard Cinquecento, may not be everyone's cup of espresso, but it's certainly unique – and from the photos, at least, looks rather finely crafted. The one-of-a-kind retro city car will be auctioned off in Monte Carlo at the I Defend Gala to raise funds for the Robert F. Kennedy Human Rights Europe organization. Related Video: A Fiat showcar for auction, for a noble cause The New 500 will be a leading light in Montecarlo at "I Defend Gala 2015", the first edition of the charity gala supporting the "Robert F. Kennedy Human Rights Europe" Foundation, which champions human rights. On 16 July, in Montecarlo, in the spectacular setting of the Riva Tunnel, the "I Defend Gala 2015" will take place: an evening devoted to defending the universal values of basic human rights, in aid of "Robert F. Kennedy Human Rights Europe". The organization's central priorities are focused on the power of the individual to generate change, and involve supporting defenders of human rights via strategic partnerships. FCA has long been committed to various urgent issues such as sustainable mobility and education, both of which it supports through numerous projects. At "I Defend Gala 2015" it will participate with its New 500: a global icon sold in over 100 countries, a perfect emblem for the worldwide corporate charisma of FCA, based on the harmonious collaboration and different nations and cultures.

Fiat pondering swallowing rest of Chrysler, US IPO

At the moment, Fiat is in court with the United Auto Workers, waiting for the justice system to provide some guidance on a fair price for 41.5-percent of Chrysler it doesn't own. Fiat owns 58.5 percent of the company and wishes to buy the remainder, which is owned by the union's VEBA retiree trust, but the Italian company and the UAW are on different sides of the galaxy when it comes to assigning a fair price to that outstanding stake.
Naturally, Fiat CEO Sergio Marchionne is considering his options. A new report in the The Wall Street Journal says one of the scenarios being considered now is - depending on the outcome of the court case - to purchase the 41.5-percent stake and then issue an IPO to recoup some of the cost. About two months ago, Marchionne put the odds of an IPO for a wholly combined Fiat/Chrysler at 50 percent. Even with the WSJ report, it's not clear if those odds have changed.
The current company structure leaves a lot of options as to how a potential IPO could be issued, but it's said that Marchionne is against it, preferring "to be one company," under Fiat, indivisible. If Fiat is finally able to purchase all of the Pentastar, it would get access to Chrysler's war chest, pegged at $11.9 billion at the end of Q3 in 2012, and that money can't come soon enough for a brand taking a beating in Europe and delaying product over cash concerns.