Aus. FCA Misappropriation Case Includes Former MB, Current Crown Resorts Execs
As we reported earlier, Clyde Campbell and a number of his associates, including his successor Veronica Johns and former boss Ernst Lieb by way of his Motorworld dealerships, are being named in a misappropriation case claiming $30 million AUD was funnelled out of company coffers.
This weekend, more details have come to light, including how Campbell was able to pilfer FCA funds without raising red flags in Detroit.
The story verges on conspiracy and includes the wife of Campbell, his successor, a formerly disgraced Daimler executive, a casino, a boat and extravagant homes paid for by FCA without its knowing. Even Campbell’s wife’s hairdresser received a free Jeep as part of the brand’s “ambassador” program.
Mark Hawthorne of The Sydney Morning Herald remarked, “It has all the makings of a Hollywood script. In Elizabeth Hurley, it even has the presence of a Hollywood star.”
FCA Takes Former Australia Exec. to Court for Misappropriation of $30M
The Chrysler 300, thought by many to be a modern day “gangster” car, has tons of power. But, as they say, absolute power corrupts absolutely, and for former FCA Australia CEO Clyde Campbell, it still may not be enough to escape accusations of misappropriation of funds.
Tomorrow, FCA will take Campbell to federal court in Australia claiming he funneled money to other companies owned by himself, his wife, co-workers, and his successor – Victoria Johns.
NYT: GM's Barra Declined Meeting With FCA's Marchionne to Discuss Possible Merger
Sergio Marchionne sent Mary Barra a detailed email in the middle of March in an effort to start merger talks. Barra, CEO of General Motors, was uninterested in the offer and rebuffed Marchionne, CEO of Fiat Chrysler Automobiles.
It was the first time the two executives had ever spoken, but it wouldn’t be the last Barra would hear of Marchionne’s merger desires.
That’s the story being told by the New York Times today, detailing the lengths to which Marchionne is going to trigger consolidation within the automotive industry.
Fiat Aegea Is the Dodge Dart for Elsewhere
Fiat, in conjunction with Tofaş R&D, revealed its new compact three-box Aegea sedan project at the Istanbul Motor Show. The new sedan, which will get a different name when it goes to production, is the first of three new models to be introduced for the EMEA region, replacing the Linea sedan and Bravo hatchback.
Dispatches Do Brasil: Renault Re-Invents Itself in Latin America
Renault Logan
Among the first to come to Brazil when the market was opened up again in the 1990s – after a hiatus of almost 50 years when this country closed itself off to the world – Renault has seemingly reached a limit in Brazil. Its market participation has hovered around 6 percent for years. Now, hungry for more, the French company is showing its new plans that will deeply affect their operations in Latin America at large and shake up their manufacturing base in South America, most especially Mercosur (namely Brazil and Argentina).
Marchionne: Fiat Will Never Again Be 'A General Brand' In Europe
Once a mass-market player in Europe, FCA CEO Sergio Marchionne says Fiat will never again be as such.
Review: 2015 Fiat 500 Abarth
Is there a car enthusiast whose pulse does not quicken when he or she hears the brrrap brap of the exhaust when the North American spec Fiat Abarth fires up? TTAC’s managing editor Derek Kreindler is correct, the Abarth does indeed sound faster than it actually is, but it still sounds glorious. Don’t tell me that an inline four can’t sound as exciting as a V8 or even a V12. Saying that an eight or a twelve “sounds better” than a four is like saying that a big band sounds better than a trio, as if you can’t enjoy both Duke Ellington and Cream.
Dispatches Do Brasil: A 2008 Fiat Stilo Flex and the Search for Credibility
Bad reputations are earned in short order and shed only after many years of good behavior. For car companies, such bad raps come relatively quickly and sometimes decades are needed to overcome them. For Fiat, the cute sobriquet Fix-It-Again-Tony seems to be unavoidable no matter how they actually compare in most reliability studies. The fact is they routinely do better than most European rivals and still have to improve to reach Toyota-like reliability. So, the strive for credibility must go on.
Lexus Takes Gold In 2015 JD Power Dependability Study
For the fourth consecutive year, Lexus is tops among the brands ranked in JD Power’s annual Vehicle Dependability Study.
Capsule Review: 2015 Ford Escape Titanium AWD
After only one brief stint in last week’s 2015 Ford Escape tester, I was already angry with this heavily optioned Titanium AWD specimen.
The anger had nothing to do with our first drive to the other side of Halifax. And I wasn’t even in the Escape, let alone driving it, when my resentment blossomed. I was shovelling our driveway during a lull in the blizzard that left New York in peace, hammered Boston, and slathered Nova Scotia’s capital with ice after a few inches of snow fell. With four vehicles jammed into our small driveway to avoid the on-street winter parking ban, the Escape’s tailgate insisted on opening of its own accord with frustrating frequency.
• USD As-Tested Price: $38,075
• Horsepower: 231 @ 5500 rpm
• Torque: 270 lb-ft @ 3000 rpm
• Observed Fuel Economy: 19 mpg
Armful of groceries? Yes, hands-free tailgate opening might then be useful, if you can maintain your balance while holding the grocery load in your right hand, perching the 15-month-old child on your left hip, and doing the jitterbug under the rear bumper.
New Apps, Infotainment Systems Turn Up At 2015 CES
Autonomous alien luxury pods and royalty-free hydrogen patents aren’t the only things coming onto the stage during the 2015 Consumer Electronics Show in Las Vegas. Today, we’ll show you the latest and greatest from BMW, FCA, Audi and Ford, with the help from our brothers and sisters over at AutoGuide.
Alfa Romeo To Build Spider On Own Platform, Mazda MX-5 To Fiat-Abarth
Alfa Romeo will be going its own way for its upcoming Spider, directing Mazda to take its 2016 MX-5 over to Fiat-Abarth instead.
Chrysler Group Now FCA US LLC
Fiat Chrysler Automobile’s Chrysler Group is dead; long live FCA US LLC.
Zetsche: There's No Money In The EV Stand
Though Daimler made $780 million off of its recent Tesla stake sale, CEO Dieter Zetsche says there’s no money in the EV stand.
2015 Ram 700 Newest Entrant In Mexican Compact Truck Market
For some, the Chevrolet Colorado’s “ technology and stuff” is just what they need in a truck. For others, however, the mid-size pickup’s footprint is still a tad too big.
If you call Mexico your home, Ram has just what you need.
Paris 2014: Fiat 500X Debuts
The Jeep Renegade’s Italian sibling was revealed at today’s Paris Auto Show media day, and now Fiat dealers can breathe a sigh of relief: they’ll be getting a product that has a good chance of being competitive in North America.
Capsule Review: 2015 Fiat Uno (Brazil Domestic Market)
Launched at a time when the new car market in Brazil is relatively stagnant, the new Fiat Novo Uno is causing less of a stir compared to when the round square themed Uno was launched four years ago. There are no lines at dealers and people’s attentions are divided among upstart competitors like the Ford Ka and Volkswagen up! The Uno had to come hard in order to remain a relevant player, capable of attracting the new Brazilian consumer that demands more in terms of comfort, finishing, content and safety.
Can this Uno face off the competition and remain among the top sellers in Brazil?
Fiat Sets Date Of Shareholder Meeting For August 1
Own any shares in Fiat S.p.A.? The automaker just announced it will hold its next general assembly of all shareholders August 1, where the topic of discussion will be the approval of the merger of Fiat with Chrysler Group to become Fiat Chrysler Automobiles N.V.
JD Power Initial Quality Study Shows GM, Hyundai, Porsche Leading The Pack
J.D. Power has released their U.S. Initial Quality Study for 2014, where General Motors, Hyundai and Porsche earned top marks despite consumers still struggling with the gizmology taking over their vehicles.
Rental Review: 2014 Fiat 500L "Easy" FWD
“Cheap and cheerful.” It’s a phrase the Brit mags like to use all the time to describe poverty-priced cars that attempt to use design and color to mask their humble aspirations. Think Scion xB compared to Toyota Tercel — but nobody does the C&C music factory like the Europeans. The original Twingo set the template, but it’s had many a riff played on it since then.
Now we have a cheap-and-cheerful from a Euro manufacturer, built in Serbia, with as much design and flair as you can stand. Whether it’s the worst car for sale in America or one of the best depends entirely on how cheerful you need your cheap to be.
Fiat Chrysler Automobiles' London Headquarters To Focus On Corporate Finance
Fiat Chrysler Automobiles’ new headquarters in London, England will be as small as many Silicon Valley startups, with a staff of 50 mostly focused on finance.
Marchionne's Grand Vision For FCA Faces Hard Financial Road To Success
Though Fiat Chrysler Automobiles CEO Sergio Marchionne’s five-year plan announced this week may be ambitious, analysts are raising questions about how the plan will be funded — and how much will be needed — if it is to be successful, let alone live up to Marchionne’s vision.
Shudder To Think: New Transmissions, Bad Friends and the DaimlerChrysler Merger
I never would’ve known about the WA850/NAG1 transmission if it weren’t for that dead-beat roommate I had in Miami. It was desperate times for Chrysler and myself —we both just needed a friend.
Smaller Jeep To Slot Beneath Renegade
Though the Jeep Renegade already bowed at the 2014 Geneva Auto Show, the off-road brand has plans for not only a fullsize SUV similar to the discontinued Commander, but an A segment SUV slotted beneath the Renegade, as well.
Fiat, Abarth Likely To Receive Mazda-Based Roadster Over Alfa
Long rumored to wear the Alfa Romeo badge, the next-generation Mazda MX-5 may instead don a Fiat or Abarth necklace in 2015 if Fiat Chrysler Automobiles CEO Sergio Marchionne has the last word.
Marichonne Still Seeking Location For New Minivans
Fiat Chrysler Automobiles NV boss Sergio Marichonne, in talks with federal and provincial governments in Canada for loans to help prepare their factories in Windsor and Brampton, Ontario for new vehicle production, may come to a decision about moving forward with plans for where new minivans will be built by the end of March 2014.
Moody's Cuts Fiat's Rating Down Due To Earnings Worries, Outlook
Citing weak results in 2013 and guidance challenges for 2014, investment ratings agency Moody’s has cut Fiat’s rating from B3a to B1, four notches below investment grade.
One-Time Tax Gain Nets Chrysler $1.6 Billion In Q4 2013
The American half of the newly dubbed Fiat Chrysler Automobiles reported a net income of $1.6 billion in Q4 2013, the majority of which came from a one-time tax gain of $962 million.
Turbos, Diesels Rule Top 10 Engine List in 2014
‘Tis the season for year-end Top 10 lists celebrating and lamenting all things in the world of life, and the automotive industry is no exception. Ward’s Automotive has announced its list of the 10 best engines for 2014, and it’s a turbodiesel-intercooled festival of power this year.
Ram to ProMaster the City in Late 2014
On the heels of “ the biggest thing to happen in the commercial world” that is the Ram ProMaster — whose page links back to our review, of course — the Italo-American truck division has announced the introduction of the ProMaster City in late 2014.
Fiat Passes on Milano Auto Show
If you were hoping to celebrate an early Christmas in Milan with Signore Marchionne next year, you’re out of luck: Fiat has declined an invitation to show at the 2014 Milano Auto Show in light of the weakened local market.
Review: 2014 Fiat 500L (With Video)
I have to admit, I’m a fan of the Fiat 500. Yes, I know it’s just a Fiat Panda with bubbly sheetmetal. Yes I know it’s a little peculiar. Yes I know it’s trying to ride on MINI success. It doesn’t matter, the wee Fiat makes me grin every time I drive one. Whether it’s the slow-as-dirt standard 500, the ludicrously loud Abarth, the almost-convertible 500c or the totally impractical 500e, the Cinquecento knows how to brighten my day. I was therefore excited when Fiat announced the 500’s success would spawn a four door stable-mate for 2014. Is the 500L 40% more smiles for 20% more cash?
Review: 2013 Fiat Ducato Cargo Van (Video)
Before we dive in, let’s get one thing straight. This is not, I repeat NOT a review of the 2014 RAM ProMaster cargo van. Instead I managed to get my hands on a Euro spec Fiat Ducato van for a few days. The Ducato is the basis for the ProMaster, but the ProMaster is more than just a Fiat with a RAM on it. Fiat’s Americanized cargo van might just be the biggest shakeup to the domestic commercial vehicle segment in our lifetime. Why? Front wheel drive, that’s why. Intrigued?
Review: 2013 Fiat 500e Electric (Video)
Despite being an incredibly small part of the US market share, you don’t have to look far in California’s urban areas to find a car with a plug. The reason for that is California’s controversial EV mandate. California wants 1.4 million EVs and plug-in hybrids on the road by 2025. Up till recently, California’s regulations seemed like a pie-in-the-sky dream with a far-away deadline. That changed last year when CARB (California Air Resources Board) mandated (in a nutshell) a combined 7,500 zero-emission vehicles be sold between 2012 and 2014 by the large auto makers in the state. (Credits and trades are not included in that number.) Come 2018, smaller companies like Volvo, Subaru and Jaguar will have to embrace plug-love and at the same time, most of the silly green credits go out the window. By 2025, if my home state has its way, 15% of new cars will be an EV. In California. This brings us to the little orange 500 Fiat lent us for a week. Because everyone is getting into the EV game, this will be our first EV review where we make no mention of living with an EV, range anxiety or charging station availability. If you want to know about that, click over to our 7-part saga “Living with an EV for a week.”
Capsule Review: 2014 Fiat 500L
The car you see above is actually not the 2014 Fiat 500L. For most of you, this will be a relief. It’s actually a Fiat Multipla from the mid-1990s. It is ugly. So ugly, in fact, that I love it. I’ve been thinking about importing an LPG-fueled version for use as a daily driver, so that I can fill up at the local taxi garage here for roughly $2/gallon. It’s a terrible idea, I know. Especially when Fiat now sells the Multipla’s successor Stateside.
Slow Dart Sales Cause Elimination of Shift at Dundee Engine Plant, There's No Replacement For Displacement
The latest sign that the product planners and marketers at Fiat and Chrysler have muffed the launch of the Dodge Dart is the announcement that their Dundee, Michigan engine plant that builds the Dart’s turbocharged 1.4 liter Multiair FIRE engine has fired or reassigned 58 employees and is eliminating a second shift. The shift reduction follows remarks at the 2013 NAIAS media preview by Fiat boss Sergio Marchionne blaming poor Dart sales on the powertrain offerings. “The powertrain solutions we made available to that car, in today’s world, in hindsight, were not the ideal solution,” Mr. Marchionne said. Consumers have been disappointed in sluggish performance of the Dart. TTAC reviewer Michael Karesh said that 1.4 L turbo motor was “soft south of 3,000 rpm”.
2012 Fiat 500 Abarth Versus 2012 Ferrari FF
A few months back, Bertel decreed that TTAC would have no more duplicate reviews. If we wanted to test a car that had already been reviewed, we’d better have a dramatically different take on it. I had a FIAT 500 Abarth for the week. Jack and Alex had already covered it on track and off. I thought someone had a comparison with the MINI Cooper S on the way. What else could I possibly compare the Abarth to that would make sense? It’s not like there are any other high-performance Italian hatchbacks offered in North America…
Review: 2012 Alfa Romeo Giulietta 2.0-liter Turbo Diesel
Review: 2012 Fiat 500 Abarth – Take Two
Abarth was founded in 1952 as a “one-stop-shop” for Fiat performance gear. What does that have to do with the 2012 Fiat 500 Abarth? Nothing. Seriously. In 1971 Abarth was purchased by Fiat, by the 1990s the “brand” had deteriorated to a trim level on questionable hatchbacks and by 2000 it was “dead trim walking.” In 2007 Fiat decided they needed a performance brand once again and resurrected Abarth with the inexplicably named “Fiat Grande Punto Abarth” and (more importantly) a complete line of clothing and accessories. Despite the apparent soft start for the brand in the Euro-zone, Fiat tells us they held nothing back for the launch of Abarth in North America. Our own tame racing driver Jack took the Abarth for a spin on the track back in March but this time we’re pitting Italy’s hot hatch against a bigger challenge: the daily commute.
Generation Why: Fast Fashion Comes To The Car World
Vellum Venom: 2012 FIAT 500 Gucci Convertible
Gucci is no stranger to OEM trim packages for major manufacturers. The House of Gucci originally lent its unique Italian flavor to somewhat of an Intercontinental Bastard: a leaf sprung, Chevy Nova based Cadillac with a Spanish name.
Review: 2012 Fiat 500 Abarth
It’s a strange, strange world out there. Image trumps reality, corporate positioning trumps national identity, the fake conquers the real. Want proof? Consider the Fiat 500 Abarth. The now-iconic television ad features some hapless beta male enduring a strangely erotic tongue-lashing at the hands of a beautiful Italian woman who then mysteriously turns into a chunky little Italian car. Makes perfect sense. Except the Italian girl (Catrinel Menghia) is Romanian, and Italian car which was supposedly tuned by an Austrian racer turns out to be a Mexican car with an American hot-rod engine tuned by Detroit racers. This makes slightly less sense.
Luckily the Abarth itself doesn’t require much in the way of context in order to be enjoyed. If you’d like some, feel free to check out our previous reviews of the naturally-aspirated 500. Finished? Fantastic. We’ve reviewed the little Fiat from an economy-car perspective in the past, but now it’s time to exchange the pocket protectors for my Impact! Carbon Air Draft. Buckle up: it’s racetrack time.
Review: 2012 Fiat 500 Lounge (BCAS Edition)
Throw “Sport” on a car, and I’m going to expect certain things from it. So I wasn’t kind to the first FIAT 500 I reviewed. But, as with people, I’m always willing to give a car a second take from a more amenable angle. To avoid bits I didn’t care for, I requested the base-level “Pop” trim with an automatic transmission. Chrysler counter-offered a top-level Lounge. In brown. With brown leather. Not quite what I asked for, but as a member of the Brown Car Appreciation Society (sans card, alas) I felt duty bound to accept.
Review: 2011 Fiat 500C Convertible
Due to the state of the economy and the price of gasoline in America, it’s no small wonder small car sales are on fire. For those that wish to hide the fact that they have downsized for sensible reasons like lower operating costs, there is a segment of the market just for you: small retro cars. While everyone has tried their hand at this game from Chrysler’s PT cruiser, Chevy’s HHR and the continual resurrection of the VW Beetle, nobody seems to have hit the nail as squarely on the head as BMW with their Mini franchise and their 40,000 in yearly sales. What’s the new Italian owner of an American car company and dealer network to do? Sell a “minier” Mini-fighter of course.
Capsule Review: 1968 Fiat 500 (595) Esse-Esse Abarth
I haven’t been to Italy, in 21 years. My cousins and I are having dinner together for the first time in 21 years. If I didn’t already know it, I’d have learned it now: males with Italian blood are obsessed with cars. My cousin Nicola even works for FIAT, in the seaside town of Termoli.
“Are there Fiats at Chrysler stores in Canada now?” he asks.
“Just the 500,” I inform.
“That’s not the real 500,” says Angelo, his younger brother. Two hours later, we’re in my Nonna’s garage. He pulls the tarp off a stunning, perfectly restored 1968 Fiat 595 SS Abarth. “Quest’è la vera Cinquecento!” he informs me.
Review: 2012 Fiat 500 Sport
I’ve been waiting 28 years for Fiat to return to the United States, and that means TTAC is going back-to-back on the Fiat 500 coverage, following up Michael Karesh’s review with one of my own.
(Long) Review: Brazilian 2011 New Uno Sporting 1.4 (Plus Report On New Two-Door Uno)
Last month, as reported by our ever so excellent Matt Gasnier, there was a minor earthquake in Brazil. For the first time in a blue moon, a car other than the VW Gol stood at the top of the heap. That car was the new Fiat Uno. In this ongoing battle to the death (mind you, the rivalry Fiat X Volkswagen is akin to the heated relations between Ford and Chevy of yore) new weapons and tactics are unveiled at all times. Fiat just disclosed their new guns: the new Uno two-door and the Sporting line.
Review: 2012 Fiat 500 Sport (US-Spec)
It’s been over a quarter-century, so perhaps my memory grows hazy. But I recall enjoying the small, light subcompacts of the mid-1980s tremendously. They didn’t have much power. Power wasn’t a requirement, just a willingness to rev and to be tossed sideways through curves. I’ve spent the years since trying to recapture that experience. And failing. Too much mass. Too much tire. Even too much refinement. But FIAT’s not famed for refinement. And, at 2,363 pounds, the reborn 500 (pronounced “cinquecento”) is a quarter-ton lighter than today’s compacts. So perhaps my search is over?
Brazilian Brawl: Battle of the Mighty Mini Pickups
Having some time on my hands, I ventured out again into cardealershipland. Wanted to get my hands on the mini mites that inhabit many an urban Brazilian cowboy’s dream. You know, the call of the sertão (that’s what you think we call the pampas.) In the left corner, all the way from Italy, but made in Brazil, the long-time favorite and market leader Fiat Strada Adventure Locker. In the right corner, the Teutonic tiny titan, the all new VW Saveiro Cross. As the long names suggest, these are the top of the line offerings from each maker. Both offer cheaper, less equipped versions for the daily grind and/or work routine. So hold your cavalos, vaqueiro, I mean, hold your horses, cowboy! Which one comes out on top?
Review: Fiat 500C
John Steel, 42. Resident Nurburgring hotlapper, amateur race driver and menace of all slow moving objects. On weekends, he likes thrashing his Porsche 997 Mark II GT3-RS around the local track. Karen Levy, 25. Professional mall stormer, party queen and dedicated student. Enjoys a fine café-latte by the Mediterranean Sea and the gentle spring breeze while driving her Fiat 500C.
Two people, two separate sides of the automotive equilibrium. This time, driving around the peaceful and slow moving streets of southern Tel Aviv, amongst buzzing restaurants and overcrowded coffee shops, I get to explore the latter. Meet the Fiat 500C: the open-air sibling of the 500 retro car, and an inevitable win of form over function.
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