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]
While the 2012 Fiat Punto still features its immediately identifiable and dynamic shape, a number of tweaks have made the car more elegant and more distinctive.
One of the most prominent tweaks made on the new Punto on the exterior is its new front bumper. In fact, Fiat combined the strong design attributes of the bumpers of the 2005 Grande Punto and the 2009 Punto Evo to make sure the exterior truly conveys the technology employed inside. This new bumper – finished in the same body color -- lends the 2012 Punto a more elegant look. The number plate on the front is flanked by two air intakes that are bordered by a single trapezium-shaped surround.
The direction indicators – also flanking the number plate – are vertically aligned with the headlight above. The round fog lights -- with cornering function -- are placed within the lower air intake. Since the front bumper is body-colored, the Fiat badge stand out more notably than before. All 2012 Fiat Punto models come with a black grille with a hexagonal mesh pattern, making this part become more distinctive than other sections of the car.
On the rear end, the Fiat badge also served as the door lock, as it could open the tailgate with a simple press. Centrally located under the badge is the Punto logo with a red dot in the same color as the Fiat badge. Just like the front bumper, its rear counterpart also dons the same color as the body. Located beneath the bumper are elongated reversing lights and rear fog lamps.