1972 Fiat 500 Restored Microcar on 2040-cars
Skillman, New Jersey, United States
Engine:650
Vehicle Title:Clear
For Sale By:Private Seller
Exterior Color: Blue
Make: Fiat
Interior Color: Black
Model: 500
Number of Cylinders: 2
Trim: chrome
Drive Type: rear
Options: Sunroof, CD Player
Mileage: 10,000
this is a clean fiat 500 with no problems AT ALL!!! this belonged to the father of dave the owner of MR. FIAT auto parts in georgia. it's been restored properly and upgraded with the 650 sport engine, synchronized 4 speed and suspension and brakes from the 126. a rust free car that was repaint a few years ago with a good urethane paint. couple of minor nicks but 0 rust. great chrome, interior was redone in fabric and has a center console and killer stereo. 3rd brake light and halogen headlights. new top and great heat. car is very "fiat" fast with lots of torque to climb hills WITHOUT downshifting. rims are momo and look fantastic, tires are 13 inch with plenty of tread. call me with questions. dave 908-305-6861. i'll help with shipping at your expense. the yellow car is a more performance fiat with disc brakes and performance 650 engine and bis synchronized trans built in viterbo italy. i would sell it for $14,000
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Auto blog
Fiat ups Chrysler stake by 3.3%, inches closer to full control
Mon, 08 Jul 2013Fiat is one step closer to completing a merger with Chrysler after exercising an option to acquire an additional 3.3 percent of the Auburn Hills-based automaker today. Automotive News reports that Fiat now controls 68.49-percent of Chrysler, which is up almost 10 percent since we last heard news of this deal back in February when Fiat talking to various banks to raise more capital in order to complete the acquisition.
The article says that Fiat is still able to increase its stake in Chrysler up to 75 percent over the next 12 months, but it sounds like CEO Sergio Marchinonne would rather purchase the remaining shares from VEBA - the retiree benefits trust - sooner rather than later. Unfortunately, the two sides still seem far from an agreement on a fair price for the rest of Chrysler, as Fiat has them valued at $4.2 billion compared to the $10.3 billion estimate from the unions that currently own the remaining stake in Chrysler.
Just 45% of Fiat dealers are profitable, and they're angry about it
Mon, 07 Oct 2013<
On average, Fiat dealers have only been selling about 17 cars a month.
We've been wondering for some time how Fiat dealers in North America have been getting along with just one model range in their showrooms up until recently. Franchisees spent millions building, stocking and manning sleek new 'studio' showrooms, only to have but a single model to sell, the cherubic 500. And even with its many derivatives, the Cinquecento is still an inexpensive model with its attendant lower margins. Perhaps it should come as no surprise then, that just 45 percent of US Fiat dealers are said to be profitable.
Ferrari to be spun off from Fiat Chrysler
Wed, 29 Oct 2014The 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.