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Fiat 500L production halted in Serbia

News is trickling out of the Serbian factory that's responsible for Fiat 500L production that work has stopped due to a delay in parts delivery. Fiat has been mum on the reasoning for the stoppage, which is going on its tenth day, according to Automotive News. "Production ceased on Wednesday and we still don't know when it will resume," said a spokesperson for Fiat's Serbian operations.
While Fiat isn't saying what the issue is, AN is reporting a number of workers for a local transport company are protesting over unpaid wages. They've blocked the road and rail lines leading towards the factory, preventing the delivery of parts for production.
If the stoppage continues, it's going to be bad news for the 500L, as its numbers have just started to pick up following its launch in June. According to a report earlier this month, sales cracked 1,000 units in September. A lengthy delay in production will also count as another blow for local Fiat dealers, which have struggled over small profits, a limited lineup and rumors that Fiat stores will not be selling the Alfa Romeo 4C as promised.

The right way to own and operate a vintage Fiat 500

Annetta Calisi and her husband have restored their Fiat 500D to the same specification with which it left the factory in 1964. The result is a cheeky yellow cinquecento that looks the part of a 1960's movie star car. For that matter, so does Annetta, who dresses appropriately mod for this latest Petrolicious video, The Speed of Sunshine.
At one point in the video, the lucky owner mentions, "I keep saying 'fun' don't I?" which does a fine job of summing up what it must be like to own this little rascal. Watch below, and smile.
Have you seen the rest of the really well-made Petrolicious video series? If you like classic metal, well shot and well recorded, you should check out our tag page, here (we think you've earned a little video break).

Fiat Chrysler posts $690M Q1 loss

If there is one thing that should be remembered when looking at quarterly and annual earnings, it's that the headline numbers rarely tell the whole story when it comes to an automaker's health. Chrysler's first-quarter earnings are just such an example.
Yes, the Auburn Hills-based manufacturer lost $690 million, which is quite a large sum of money. The reasons for the loss, according to Chrysler, were "Unfavorable infrequent items," which includes a $504 million payment to rid itself of the debts it took on for prepaying the UAW's VEBA healthcare trust. Chrysler was also hit with a $672 million charge to the UAW, which was part of a deal that allowed Fiat to purchase the remaining shares of Chrysler owned by the VEBA.
Ignoring those one-time deals, the first quarter was quite a successful one for Chrysler. It would have made $486 million if you erased the merger costs, which would have been a year-over-year increase of $320 million. Even more promising is the fact that Chrysler snagged the largest increase in market share of any automaker during Q1 at 1.1 percent, bringing its overall share to 12.7 percent of the US market. Chrysler saw a 30-percent improvement in sales of trucks and SUVs, along with an 11-percent increase in year-over-year sales and a 23-percent increase in revenue, to $19 billion.