Fiat 500 Under Warranty, Excellent Condition on 2040-cars

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Chrysler stays IPO until 2014

There will not be a Chrysler IPO in 2013. Fiat, according to a report from Forbes, has announced that it will not be able to make the American brand's initial public offering before the end of the year, saying that the short, five-week window that makes up the rest of 2013 is "not practicable."
Not surprisingly, the issue with the Chrysler IPO is the same as it's always been - a disagreement between parent company Fiat, which owns 58.5 percent of the Chrysler Group and a UAW healthcare trust, which owns 41.5 percent. Fiat wants to buy out the UAW VEBA healthcare trust, which is responsible for shouldering retiree healthcare costs, but the two sides are hung up on an actual price tag for the remaining two-fifths of the company.
The original idea saw an IPO as a way of setting a fair market price for the remaining shares, although it's not entirely clear what broke down and led to a delay of the IPO plan. As Forbes points out, by waiting until 2014, Chrysler could be risking a cool-off in the IPO market, which could mean less money in its pocket when the automaker finally goes public.

The Fiat 124 Spider configurator is live

Last week, Fiat released pricing on the new 124 Spider, and now the roadster's configurator is online. If you buy the Elaborazione Abarth version of the 124 ( elaborazione means 'processing,' which makes little sense to us), you'll probably be thinking about the leather/Alcantara Recaro seats. They're a $1,195 option that Mazda has no answer for on the MX-5 Miata, but adding them means making a big sacrifice, because you can't get the $3,995 Luxury Collection. The pricey package adds a range of desirable options, including leather (but not Recaro) sport seats, navigation, LED headlights, and a nine-speaker Bose stereo. So, you can either have all that good stuff, or you can get the Recaros. It's not an easy decision at all. The Abarth's other big package is the Safety and Comfort Collection. Its $1,495 price tag adds blind-spot monitoring with cross-traffic alert, rear parking sensors, heated exterior mirrors, and an auto-dimming interior mirror. You can only select this item if you go with the Recaros, since most of the stuff it adds comes with the Luxury Collection. Standalone options include a $1,495 set of Brembo brakes. The black hood decal, featured on both the Geneva and New York Auto Show cars, is conspicuous by its absence. The options lists are simpler for lesser 124 Spiders. The base Classica gets by with a $1,295 Technology Collection (seven-inch display audio, rear-view camera, and push-button start with keyless entry). The mid-range Lusso mirrors the Abarth's mutually exclusive packages, with an identical Safety and Comfort Pack. The $3,795 Premium Collection, meanwhile, offers all the same gear as the Luxury Collection for a little less money. Neither the Classica nor the Lusso offer standalone options. We promise the 124 Spider's configurator is better than whatever else you had planned for this Monday afternoon. Related Video: Related Gallery Abarth 124 Spider News Source: Fiat USAImage Credit: Fiat USA Auto News Fiat Car Buying Convertible Performance fiat 124 spider fiat 124 fiat 124 spider abarth

A car writer's year in new vehicles [w/video]

Christmas is only a week away. The New Year is just around the corner. As 2014 draws to a close, I'm not the only one taking stock of the year that's we're almost shut of. Depending on who you are or what you do, the end of the year can bring to mind tax bills, school semesters or scheduling dental appointments. For me, for the last eight or nine years, at least a small part of this transitory time is occupied with recalling the cars I've driven over the preceding 12 months. Since I started writing about and reviewing cars in 2006, I've done an uneven job of tracking every vehicle I've been in, each year. Last year I made a resolution to be better about it, and the result is a spreadsheet with model names, dates, notes and some basic facts and figures. Armed with this basic data and a yen for year-end stories, I figured it would be interesting to parse the figures and quantify my year in cars in a way I'd never done before. The results are, well, they're a little bizarre, honestly. And I think they'll affect how I approach this gig in 2015. {C} My tally for the year is 68 cars, as of this writing. Before the calendar flips to 2015 it'll be as high as 73. Let me give you a tiny bit of background about how automotive journalists typically get cars to test. There are basically two pools of vehicles I drive on a regular basis: media fleet vehicles and those available on "first drive" programs. The latter group is pretty self-explanatory. Journalists are gathered in one location (sometimes local, sometimes far-flung) with a new model(s), there's usually a day of driving, then we report back to you with our impressions. Media fleet vehicles are different. These are distributed to publications and individual journalists far and wide, and the test period goes from a few days to a week or more. Whereas first drives almost always result in a piece of review content, fleet loans only sometimes do. Other times they serve to give context about brands, segments, technology and the like, to editors and writers. So, adding up the loans I've had out of the press fleet and things I've driven at events, my tally for the year is 68 cars, as of this writing. Before the calendar flips to 2015, it'll be as high as 73. At one of the buff books like Car and Driver or Motor Trend, reviewers might rotate through five cars a week, or more. I know that number sounds high, but as best I can tell, it's pretty average for the full-time professionals in this business.