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Fiat to offer two spinoff models based on the 500L for 2014

Fiat unveiled two new versions of its popular 500L in its home market a couple months ago, the 500L Living and 500L Trekking editions, both designed for different audiences. While the 500L Trekking will have adventure in mind, offering a taller ride height and protective bumpers, the 500L Living will be an ideal car for young families. For the 2014 model year, Fiat will be offering both of these in the U.S.

Kia, Chrysler, VW set pace as December sales advance 9 percent

Kia, Chrysler and Volkswagen posted some of the strongest sales gains for December as the industry closed out 2011 on a high note. Automotive News estimates December volume was up 9 percent to 1.24 million from a year earlier--in line with analysts' forecasts. Total industry sales were projected at 12.78 million for the year, up from 2010's total of 11.6 million and the 27-year low of 10.4 million in 2009.

Lancia Ypsilon rolls out in Europe

Take a look at the new Lancia Ypsilon city car, which went on sale in Europe on Tuesday. This third-generation Ypsilon rides on a stretched version of Fiat's Mini platform. The Mini platform is the base for the Fiat 500 that is now rolling into U.S.