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FCA and ZF issue recall on nine-speed automatic transmission

After years of complaints, German transmission manufacturer ZF is finally issuing a recall of its much maligned 9HP nine-speed automatic transmission. Although it has been criticized for a number of issues, ZF is issuing the recall to address the possibility of the transmission unexpectedly shifting into neutral. The issue covers 505,000 vehicles in the United States alone. This issue is related to an improper crimp on the transmission wiring harness. Rather than a physical fix, ZF is issuing a software update to remedy the problem. The company doesn't recommend dealers attempt to fix the crimp. Although the transmission can be found in a number of models by various manufacturers, currently only those from FCA are being recalled. This is the second recall in less than a year related to a ZF transmission shifting into neutral. FCA recently recalled more than a million vehicles worldwide because of a poorly designed shifter for ZF's 8HP eight-speed automatic. That issue may have resulted in the death of actor Anton Yelchin in June. Although there are no deaths related to this new recall, NHTSA reports that the issue has resulted in at least 10 injuries. Issues with the transmission have been known for years. A number of software updates have attempted to address various problems, making us wonder if there could be a fundamental hardware issue as the complaints span across a number of automakers. Vehicles equipped with the 9HP include 2014 and newer versions of the V6 Acura TLX, Chrysler 200, Fiat 500X, upper-level Honda Pilots, Jeep Cherokee and Renegade, Land Rover Discovery Sport and Range Rover Evoque, and Ram ProMaster City. Only FCA is issuing a recall and only on 2014 and 2015 models. Related Video: News Source: NHTSA Recalls Chrysler Fiat Jeep Safety FCA nine-speed transmission

Ferrari to be spun off from Fiat Chrysler

The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further capital campaign to be based on the enormous asset that is Ferrari.
FCA's board of directors has just approved the separation of Ferrari from the rest of the group as a separate entity. Once that separation is complete, Ferrari will put 10 percent of its shares on the stock market "in the United States and possibly a European exchange" as well.
This isn't the first time that the idea of a Ferrari IPO has been raised. Sergio Marchionne, chief executive of Chrysler, Fiat and Ferrari (pictured above), first raised the idea four years ago. Former Ferrari chairman Luca di Montezemolo nixed the idea, but now that he's been discharged, it appears there's nothing to get in the way of Marchionne's desires.

Fiat takes the 500 into Mercedes territory with La Prima limited-edition

Fiat is celebrating the launch of the third-generation 500 by releasing an array of limited-edition models that move the electric city car upmarket. The latest installment in the series is a variant named La Prima (which means "the first" in Italian) based on the hatchback version and priced well into Mercedes-Benz territory. The first limited-edition 500 introduced in March 2020, when the car made its debut, is sold out. The second chapter in the story is similar to the first but it's offered exclusively as a hardtop. Hard doesn't mean metal, though, and it comes equipped with a panoramic sunroof. The list of standard equipment also includes 17-inch alloy wheels, full LED headlights, and edition-specific emblems below the rear windows. Buyers can choose one of three paint colors named Ocean Green, Mineral Grey, and Celestial Blue, respectively. Inside, Fiat added a seven-inch digital instrument cluster, a horizontal 10.25-inch touchscreen that displays its fifth-generation Uconnect software, plus cow-less upholstery on the seats and on the dashboard. The stitching on the middle section of the seats spells out Fiat, which is a nifty touch that adds a bit of flair to the cabin.  There are no powertrain modifications, meaning the La Prima gets a 42-kilowatt-hour lithium-ion battery pack that spins a 118-horsepower electric motor. Its maximum driving range checks in at 199 miles, though Fiat obtained that figure by putting the 500 through the optimistic WLTP testing cycle. Hitting 60 mph from a stop takes nine seconds, a respectable time for its segment, and it stops accelerating when it reaches 93 mph. It can fast-charge at up to 85 kilowatts, which is more Abarth 500-quick than Porsche 911 GT2 RS-fast. However, because the battery pack is small, it takes five minutes to zap it with up to 31 miles of driving range. Achieving early adopter status by being one of the first motorists to be seen behind the wheel of the new 500 is costly. Fiat priced the La Prima hatchback at ˆ34,900, which represents nearly $40,000 at the current conversion rate. That figure generously includes a home charger and it excludes available incentives that vary from market to market, but it catapults this once-humble city car into Mercedes-Benz's domain.