2013 Fiat 500 Gucci Lounge Coupe Automatic White on 2040-cars

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Hagerty takes a ride in a 1970 Fiat 124 Spider BS

Whenever Fiat finally rolls out the version of the new MX-5 Miata it co-developed with Mazda, it's tipped to wear the number 124. But it won't be the first time. The Italian automaker last made the 124 in the late 1960s and into the '70s on a little convertible that may lack some of the cachet of other classics from the same time and place, but endures as one of Fiat's most notable models. And perhaps best of all, it's more accessible than a convertible Ferrari or Maserati – even an Alfa Romeo or Lancia – of the same era. In this latest video, launching its new Ride Along series, Hagerty takes a spin in a particularly rare light blue 1970 Fiat 124 Spider BS, and invites us to come along for the ride. Turns out it's a particularly good ride for single gentlemen out on the prowl, at least to hear Hagerty marketing director Marcus Atkinson tell it.

KSPG testing low-noise EV range extender engine

If you're going to add a gas-burning engine to an electric vehicle, it makes sense to have it be whisper quiet. We haven't heard the engine ourselves, but supplier KSPG AG said during the Detroit Auto Show this week that the range extender it put into a Fiat 500 for test purposes introduced "barely perceptible noise and vibration" levels. The engine, a two-cylinder V-type with something called "FEVcom vibration compensation" that allows the engine to kick on and power the vehicle without the cabin occupants really being able to notice. The whole unit - including a vertical crankshaft, two generators and gear wheel drive - comes in a ready-to-install support frame, KSPG says. Installed in the 500, it certainly looks tiny (click the image above to see what we mean). KSPG says the range extender is "largely universally mountable" and could be made cheaply if it were used in a variety of vehicles. KSPG worked with FEV on the project. Read more in the press release below. Low-noise range extender dispels battery runtime angst January 13, 2014 Together with FEV GmbH, KSPG is currently and successfully testing a range extender developed for electric vehicles. The test vehicle, based on the FIAT 500, has already undergone comprehensive tests at KSPG. Customer response to tests conducted at various OEMs underscore the targets achieved in the development of this extender where emphasis was on barely perceptible noise and vibration from the 2-cylinder V-type engine fitted with FEVcom vibration compensation. Thanks to its dedicated design features including active vibration compensation and convenient mounting location, the system on show performs excellently in the noise- vibration-harshness discipline. As a consequence, the impression of low-noise electric propulsion hardly suffers whenever the extender goes about its work. The range extender allows vast flexibility in the configuration of its operating strategy. Depending on the timing and load conditions for when it starts up, the unit's "operating philosophy" can be very closely adapted to any given conditions. The extender's advantages are to allow a reduction in battery size and cost and in the related weight. Also, the car can maintain its customary travel range without having to stop for lengthy recharging. It dispels "runtime angst," a phenomenon not to be underestimated when introducing electric mobility.

Peugeot maker PSA posts record profits ahead of FCA merger

PARIS — Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America. PSA has trimmed costs in areas such as the procurement of components as it has integrated its acquisition of Opel and Vauxhall, boosting operating margins to 8.5% last year. The group, which also produces cars under the Citroen and DS brands, offset a slump in vehicle sales by selling pricier SUV models, with launches including the Citroen C5 Aircross helping to lift revenues by a higher-than-expected 1% to $81.2 billion (74.7 billion euros). That helped it stand out in a car market where some rivals including France's Renault have struggled with sliding revenues and profits, amid a broader downturn in demand. PSA's group net profit increased 13.2% to a record 3.2 billion euros, and the company increased its dividend against 2019 results to 1.23 euros per share, up 58% from 2018 levels. The carmaker was "once again very solid", analysts at brokerage Oddo-BHF said in a note, adding the results confirmed the company's "best-in-class status." However PSA forecast a 3% contraction in Europe's car market this year, by far its biggest market. The tie-up with Fiat Chrysler will help it gain exposure to that group's strong presence in North America with brands like Jeep. The two companies struck a deal in December to create the world's No.4 carmaker, to better cope with market turmoil and the cost of making less-polluting vehicles. Fiat also posted more upbeat results than most rivals this year. CORONAVIRUS WEIGHS PSA boss Carlos Tavares told a news conference that the two groups were both in good shape and well placed to face market challenges together. He said he did not expect any major regulatory hurdles to the merger, adding it had so far submitted 14 approval requests to competition authorities out of the 24 it needs. There are no immediate plans to change anything in the large portfolio of brands within the combined group, he added. However the companies still face problems this year, including the coronavirus outbreak which has paralyzed production in China and hits carmakers' supply chain. PSA said the coronavirus impact was still difficult to assess. It factories in Wuhan, at the epicenter of the outbreak, are due to reopen in the second week of March.