*All new Toyota Corolla coming in the second week of August *Volkswagen Jetta Launched! *All new Honda City to be out in October *New Ford Ikon coming soon! *Fiat 500 Launched!

FIAT TO DEVELOP NEW BUDGET CAR ?

palio 

Fiat is planning to develop a low cost car. The new model will be targeted at markets in South America, Russia, Indian and China.The vehicle could be marketed under the Fiat brand, or possibly under a different one altogether.

 The company plans to reveal its low cost car somewhere in 2010. According to Fiat R&D Chief Harald Wester, the new low cost car will be slighty larger than the Fiat Panda, but did not quote any indicative price range for the car.

This car would effectively be the spiritual successor to the Fiat Palio, a supermini designed by Fiat as a “world car” aimed at developing countries. There has been speculation on the revival of the Fiat Uno as well.

Source: Paultan


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» ranjit said: { Apr 14, 2008 - 12:04:00 }

if properly priced and meanwhile develop their image and service network throughout the country would make a difference to fiat.

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» A.V. Satish Chandra said: { Apr 16, 2008 - 12:04:52 }

The A178 platform was supposed to be precisely this. If my memory serves me right, it did well only in Brazil. Fiat seems to have changed gears for now so maybe this time around they will get their strategy right.

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