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The Mouse That’s Roaring April 25, 2008

Posted by davidzweig in automotive, Energy.

Fiat’s new 500 model won Europe’s 2008 Car of the Year award, and it was probably richly deserved. The car is based on the classic post-war 500 Topolino (little mouse), a stylish two-seater that rivaled the VW Beetle in people’s hearts, minds, and garages.

FiatGroupSpA happens to be headquartered in the basket-case country of western Europe, and this makes its financial turnaround all the more remarkable. These days, the just-reported 14% jump in profit and 13 consecutive quarters in the black are amazing statistics for any car company.





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