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BUSINESS
March 24, 2011
2012 Fiat 500 Base price: $16,000 (including destination charge) Price as tested: $19,050 Powertrain: 1.4-liter, SOHC, inline four-cylinder, 16 valves per cylinder, liquid cooled, sequential multiport electronic fuel injection, five-speed manual transmission Horsepower: 101 at 6,500 rpm Torque: 98 pound-feet at 4,000 rpm Curb weight: 2,363 pounds Wheelbase: 90.6 inches Overall...
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AUTOS
January 29, 2014 | By Jerry Hirsch
The newly merged Chrysler and Fiat auto companies reported profitable fourth quarters Wednesday and announced a series of transactions that will combine control of the carmakers into a Netherlands-based holding company. The creation of Fiat Chrysler Automobiles -- the name of the combined company -- demonstrates the increasingly global nature of the auto business. While the headquarters, essentially the administrative function of the business -- will be based in the Netherlands, shares of the automaker will trade on the New York Stock Exchange.
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AUTOS
July 12, 2013 | By Brian Thevenot
The new Fiat 500e - an electric version of the bubbly Italian hatchback - compares well with battery-powered peers such as the Nissan Leaf or Honda Fit EV, as we noted in a recent comparison test. But most buyers will care more about how the 500e compares to conventional gas-powered cars. So we lined up a Fiat 500 Turbo test car, the closest fossil-fueled match to the 500e and a strong entry in the fierce small-car segment. Our 500 Turbo test car came with an as-tested price of $24,300.
AUTOS
January 2, 2014 | By Jerry Hirsch
Italian automaker Fiat plans to take full control of Chrysler Group by buying out the shares held by a United Auto Workers union-controlled trust fund. The union and Fiat reached a deal on New Year's Day for the automaker to acquire the 41.5% of Chrysler's shares that were held by the UAW Retiree Medical Benefits Trust. Fiat already acquired the rest of Chrysler's shares through a deal launched during the bankruptcy restructuring of the Auburn Hills, Mich., automaker in 2009.
AUTOS
November 25, 2013 | By Jim Puzzanghera
WASHINGTON -- Fiat on Monday said it would postpone an initial public offering of Chrysler Group stock until early 2014. The move ends an attempt to sell shares owned by a United Auto Workers trust by the end of this year to help resolve a dispute over the value of that stock, which was obtained as part of the company's 2009 bankruptcy and restructuring. The federal government led the effort to remake Chrysler as part of a $12.5-billion bailout that, along with the $51-billion rescue of General Motors Co., was designed to save the U.S. auto industry during the depths of the Great Recession.
BUSINESS
January 20, 2009 | Ken Bensinger
A quarter of a century after saying arrivederci to America, Fiat may be poised for a U.S. comeback. The huge Italian conglomerate, which sells vehicles under the Fiat, Alfa Romeo, Lancia, Maserati and Ferrari nameplates, has been looking for a tie-up with another carmaker for some time. After reported discussions with the French company that makes Citroen and Peugeot appeared to go nowhere last year, Chrysler may be its next dance partner.
BUSINESS
July 26, 2012 | By Jerry Hirsch
"Tonight Show" host Jay Leno will auction off his 2012 Fiat 500 Prima Edizione at the Pebble Beach Concours d'Elegance next month. Leno, an avid automobile collector, has asked Santa Monica auction house Gooding & Co. to sell the car at the Concours, a celebrity-studded collector car showcase.  Leno is using the auction to raise money and awareness for the Fisher House Foundation, a nonprofit organization that provides services and support to...
AUTOS
November 16, 2012 | By David Undercoffler
Fiat will use the Los Angeles Auto Show to add three new versions of the diminutive 500. On Friday we got a first look at one of them. Following the green trend that is common for automakers at the L.A. show, Fiat will be bringing an all-electric version of its sub-compact, dubbed the 500e. Details on the car won't be available for another week, but it's clear from the photos that it will have push-button automatic (or perhaps a CVT) transmission not found on other 500s, as well as various exterior changes like a new front bumper and wheel design.
BUSINESS
May 26, 2012 | By David Undercoffler, Auto Critic, Los Angeles Times
The car: 2012 Fiat 500 Abarth The power: 160 horsepower and 170 pound-feet of torque from a 1.4-liter, inline, turbocharged four-cylinder engine routing power to the front wheels via a five-speed manual transmission. The photos: 2012 Fiat 500 Abarth The speed: Zero to 60 mph in 6.6 seconds, according to Road & Track. The bragging rights: Peppiest little squirt on the road. The price: $22,700 is the base entry fee; $26,050 as tested.
BUSINESS
June 4, 1986
The head of Fiat admitted that he has been unable to convince Libya to sell its 13% of common voting shares and 15% of non-voting shares in the Italian industrial giant or remove directors that represent a Libyan firm suspected of terrorist links. But Fiat Chairman Gianni Agnelli said he hopes to offer legal guarantees that Libyan leader Col.
AUTOS
November 25, 2013 | By Jim Puzzanghera
WASHINGTON -- Fiat on Monday said it would postpone an initial public offering of Chrysler Group stock until early 2014. The move ends an attempt to sell shares owned by a United Auto Workers trust by the end of this year to help resolve a dispute over the value of that stock, which was obtained as part of the company's 2009 bankruptcy and restructuring. The federal government led the effort to remake Chrysler as part of a $12.5-billion bailout that, along with the $51-billion rescue of General Motors Co., was designed to save the U.S. auto industry during the depths of the Great Recession.
AUTOS
September 23, 2013 | By Jerry Hirsch
Chrysler Group filed plans Monday to resume trading its shares on the stock market, part of a high-stakes game its parent company, Fiat, is playing against a big union trust. The stock sale would not be a normal initial public offering, in which a company sells it shares to raise money for its operation or to cash out the founders. Rather, a portion of the automaker, based in Auburn Hills, Mich., would be sold by the UAW Retiree Medical Benefits Trust. The union wants to start to monetize the 41.5% of Chrysler that it acquired during the automaker's bankruptcy and restructuring four years ago. The trust provides medical coverage for about 115,000 retired Chrysler workers and their families.
AUTOS
August 15, 2013 | By David Undercoffler
Fiat has announced it will unveil a new version of its popular 500 subcompact car at this year's Concorso Italiano in Monterey, Calif. The car, dubbed the 500 Cattiva, will be available as a package on either the Sport or Turbo models. It leaves the cars' mechanics unchanged, and instead focuses on a few cosmetic changes to make buyers feel special. These include darkened headlights and taillights, unique 16-inch alloy wheels, a painted roof and spoiler. Inside, Cattiva models get special cloth or leather seats and leather-wrapped steering wheel and shift knob.
AUTOS
July 12, 2013 | By Brian Thevenot
The new Fiat 500e - an electric version of the bubbly Italian hatchback - compares well with battery-powered peers such as the Nissan Leaf or Honda Fit EV, as we noted in a recent comparison test. But most buyers will care more about how the 500e compares to conventional gas-powered cars. So we lined up a Fiat 500 Turbo test car, the closest fossil-fueled match to the 500e and a strong entry in the fierce small-car segment. Our 500 Turbo test car came with an as-tested price of $24,300.
AUTOS
July 12, 2013 | By Jerry Hirsch
Mercedes-Benz has leased a former Boeing airplane factory in Long Beach, but it isn't saying what it plans to do with the more than 1-million-square-foot plant adjacent to the city's airport. City officials confirmed that the U.S. arm of the German automaker has leased the factory from Sares-Regis Group, the developer that bought the property from Boeing. “This is significant for Long Beach, as it will bring needed jobs and property tax revenue,” said Gerrie Schipske, the City Council member representing the district that includes the site.
AUTOS
June 1, 2013 | By Brian Thevenot, Los Angeles Times
What would it take to get you into an electric car today? Forced by state regulators to sell more zero-emission vehicles, automakers are tripping over each other to offer consumers rock-bottom lease deals. For the first time, electric vehicles are penciling out cheaper than their gas-powered counterparts. Honda joined the price war this week by dropping the lease on its Fit EV from $389 to $259 a month. It threw in collision and vehicle theft coverage, maintenance, roadside assistance - even a charging station at your house.
BUSINESS
April 13, 2008 | From Times Wire Services
Italian automaker Fiat will begin selling its Alfa Romeo sports cars in the United States after the summer, ending the brand's 13-year absence from that market, Ansa news agency reported. Fiat will sell its $265,000 8C Competizione coupe through Maserati dealers, and about 80 cars to be sent to the United States have already been sold, Ansa said in an unsourced story from New York. If demand is maintained, Fiat will offer three additional Alfa Romeo models for the U.S. market, the report said.
BUSINESS
October 2, 1986
In a joint communique, Ford and the state-owned holding company Finmeccanica S.p.A. said Ford expected a response to its equity stake offer by Nov. 7. Details of Ford's offer for the Italian car maker were not disclosed. The U.S. company has been negotiating a stake in financially troubled Alfa since May. Shortly after the Ford bid was announced, Fiat offered the outlines of its counterproposal. It said the offer will be formalized later. A Fiat statement said Italy's No.
NEWS
May 31, 2013 | By Susan Denley
Barbie's pink motorcade is scheduled to make its first stop on its Barbie is Moving tour at the Grove on Saturday. It's likely to turn plenty of heads with its colorful convertible Corvette, Fiat, VW Beetle and 20-feet-tall truck.  Whereas you or I might call on friends to help with a move, Barbie has enlisted Mario Lopez, who was on hand Friday along with his daughter Gia to get the moving process underway. PHOTOS: Barbie's Dream House over the years This all started in February when Mattel announced that Barbie was giving up her Malibu dream house and would travel to 11 cities in the U.S. and two in Canada looking for new places to live.
AUTOS
May 17, 2013 | By Ronald D. White and Jerry Hirsch
Fiat, the century-old Italian automaker, appears poised to move its headquarters to the U.S. after its planned merger with Chrysler Group. The move would be unprecedented in the automotive industry, experts said, because of Fiat's deep roots. "To say that Fiat is pretty entrenched in Italy would be an understatement," said Mike Wall, director of automotive analysis for IHS Automotive. "There is a culture that has been baked in there. " Yet such a move would result from increasing globalization and the need for companies to locate in the biggest auto markets and centers of research and development.
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