Fiat reveals its 5-year business plan, 500X crossover announced

Article by Andrew Christian, on May 6, 2014

Within two years, Fiat will double its lineup in the United States as part of its five-years business plan. The Italian brand will introduce the 500X crossover but also a new specialty vehicle. If we listen to the rumors, the specialty model will be called Fiat 125 Spider and will be based on the next-generation Mazda MX-5, built in partnership with Alfa Romeo.

The Fiat 500X will first arrive in Europe later this year, while a new compact sedan and a specialty model will be revealed in 2015. In 2016, Fiat will introduce in Europe a new compact hatch and a compact station wagon, as well as a new b segment car.

In 2017, Fiat will roll out a compact CUV, while in 2018 the new Panda will arrive. According to Fiat brand chief Olivier Francois, Fiat is a chameleon as the brand looks different wherever it travels.

Regarding the Fiat 500, this model will keep its design and according to Francois, this model doesn’t age and remains brand’s ambassador. By 2018, Fiat plans to increase its sales from 1.5 million to 1.9 million units.

Topics: fiat, plan, fiat 500x

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