Fiat Punto will be replaced by a five-door version of the 500

Article by Christian A., on December 10, 2013

Earlier today, we revealed you the fact that Fiat will invest 9 billion euros in order to end Europe dip and revive Italy plants but it appears that the Italian manufacturer has some more to announce. Fiat will build the Alfa Romeo Giulia sedan in Italy by 2016. Still, this vehicle will be designed mainly for export outside Europe.

What is more interesting is that the Fiat Punto will actually be replaced by a five-door version of the 500. The new vehicle will take on vehicles such as the Volkswagen Polo and will be built in Poland in order to save costs and boost profit margins. Moreover, Fiat will unveil the convertible version of the Alfa Romeo 4C sports car next year as well as new Jeep SUVs.

"We will utilize what we have in defense of what we have," Marchionne said on an Oct. 30 conference call with analysts when asked about cutting capacity. "We will not be shutting down plants. We will shift our production capacity in accordance with our premium brand strategy. [source: automotive news - sub. required]

If you liked the article, share on:

Comments

Recommended

New and improved 2018 Subaru Legacy comes packed with a number of upgraded features from the get go - from the exterior to the interior. And the company has finally...
by - June 23, 2017
In an interview involving Lamborghini CEO Stefano Domenicali and Automotive News, the topic about the Urus was thoroughly discussed. This super SUV is scheduled to make its debut later this...
by - June 23, 2017
Porsche definitely adores variety. You’ll see what we mean if you browse through the official company's website that shows a plethora of various 911 models. And now, the German marque...
by - June 23, 2017
2018 Ford Expedition is on its way to the market, and will be arriving at dealerships this fall. The all-new SUV will come with a new design, new EcoBoost engine,...
by - June 23, 2017
The 2018 Porsche 911 GT2 RS that made its debut not so long ago at the E3 video game expo in Los Angeles has already been sold out according to...
by - June 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries