NF500 / co2 emissions

Those clever bods with calculators (or crystal balls, or both) who predict future used car prices for the motor trade have altered and improved their estimations on the value of the Fiat 500 in three years.

The predicted residual values on some 500 models have increased from 42 per cent to 46 per cent of original list price. That equates to a positive adjustment of more than £350 on the car’s value on a typical three year/30,000 mile contract. For buyers funding the car through contract hire or personal contract purchase (PCP) that should reduce rentals by more than £20 per month.

As is often the case in the motor trade, the entry level model, the Fiat 500 1.2 Pop is rated as having the best residual value at 47 per cent after three years.

The residual value guides have reacted positively to the success of the 500 and have increased their used predictions accordingly. This is good news for those who have already bought one and it should help reduce monthly costs,

says Adam Pumfrey, fleet and remarketing director, Fiat Group Automobiles UK.

The 500 has also generated a great deal of interest from small and medium sized companies for test drives as it offers drivers a high profile company car that is low on fuel use and CO2 emissions.

Consultancy and research company JATO have declared that among the top ten selling vehicle manufacturers in Europe, Fiat Automobiles recorded the lowest average CO2 emissions value for automobiles sold during 2007, setting an impressive benchmark of 137.3 g/km

The full rundown puts Fiat ahead of Peugeot at 141.9 g/km with sister company Citroen coming in at 142.2 g/km. Another French manufacturer, Renault come in fourth place with 146.4 g/km average, followed by Ford at 149.1 g/km. The chasing pack is made up my Vauxhall/Opel, Volkswagen, BMW, and in last palce Mercedes with average CO2 emissions of 188.4 g/km.

The results of this important analysis reward Fiat’s ongoing commitment to finding innovative solutions to reduce levels of polluting emissions and CO2

explained Lorenzo Sistino, managing director of Fiat Automobiles

Fiat’s aim is always to stay closer to people’s real needs and its commitment does not end here. Irrespective of what is decided by the powers-that-be in Europe, our aim is still to achieve the lowest average adjusted level of CO2 emissions for Fiat cars by 2012. Fiat intends to achieve this result by introducing an action plan on engines and transmissions, in addition to the use of the Eco Drive, an innovative application developed with Microsoft that is able – via the USB Port of the versatile Blue&Me system - to analyse motorists’ driving styles, helping them to optimise behaviour in terms of fuel consumption and hence emissions.

While Fiat are very publicly touting their eco-credentials of late, with innovations in the pipeline concerning hybrid drive systems and other combined fuel saving technologies, as recently shown in the Fiat 500 Aria concept, one huge aid in achieving these figures is Fiat’s product portfolio, which leans heavily towards smaller, and therefore almost by default, more frugal and lower emitting cars than many rivals.

Fiat are also working hard to be ready for future regulation ahead of time, for example the Fiat 500 and the Fiat Bravo have already seen the introduction of Euro 5 Ready power units (petrol and diesel) to the range. And by the end of 2009, the majority of engines in the entire Fiat range will be Euro 5 ready. Fiat is also the first manufacturer to develop the Multijet technology that drives all new-generation diesel cars and is a world leader in the field of methane-driven OEM cars (more than 50,000 were sold last year in Italy).

While investing in alternative fuel technology, Fiat is also embarking on a mission to downsize its diesel and petrol engine versions, as demonstrated by the new 1.4 T-Jet and 1.6 Multijet families. The adoption of a new-generation turbocharger, combined with a smaller capacity engine, enables Fiat to achieve performance levels on a par with, or even in excess of higher-capacity power units, but with lower fuel consumption and emissions.

Fiat are developing petrol and diesel hybrid-drive systems for small cars and vans that, if all goes to plan, could be production-ready by 2011.

The hybrid powertrains will be able to propel a vehicle for short distances using only electric power, helping to reduce both fuel consumption and CO2 emissions during stop-start driving conditions.

We are still in the research phase and, if everything proceeds as expected, we could begin production within three years,

Alfredo Altavilla, CEO of Fiat Powertrain Technologies, told Automotive News Europe.

For minicars and small cars, Fiat is working on a hybrid system based on their new two-cylinder, 900cc petrol engine that mates an electric motor/generator to a dual-clutch transmission. Fiat claim the small-car system has the potential to bring a car’s CO2 emissions to below 90g/km.

For another example of what Fiat could do with the 500 in the name of greener motoring, check out the Fiat 500 Aria Concept.

Fiat certainly have big ambitions for their small car.

At the press conference to launch the Fiat 500, Fiat CEO Sergio Marchionne was keen to emphasise Fiat’s strong commitment to be the global leader in CO2 emissions, stating that by 2012, the Fiat Group will have the lowest weighted average emissions of any other manufacturer.

Fiat is in the fortunate position in the small car sector of utilising engines that have a lesser propensity to emit CO2 and more importantly I think Fiat on the technology side is capable of mastering technologies which will make a contribution to technology…

Whatever the other car manufacturers do Fiat will provide the lowest weighted average emissions of any other manufacturers, and we are confident that Fiat is the only car manufacturer in the European car sector [to achieve this]. Not withstanding what others do, what Brussels does in terms of legislation, Fiat will have the lowest weighted average CO2 emissions

A bold statement indeed, but certainly achievable given Fiats already impressive position in the area of CO2.

But as if being the greenest isn’t enough, Fiat also want the new 500 to set new standards in mini-car safety. We’ve already reported how Fiat are confident enough in their new baby to declare it has class leading safety, but apparently not only are Fiat self assured of achieving five stars in the Euro NCAP crash tests (which would be the highest in the mini car segment), they’re already planning to retest the 500 when NCAP confirm specifications for six star crash results, and the company are reportedly fully confident of achieving a full six out six.