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Fiat to develop new low cost car: new Palio? Uno?

smallfiatlogo.jpgThe latest automaker to jump onto the low cost car bandwagon is Fiat. 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.

The new low-cost Fiat will help with the company’s position in markets such as South America, Russia, India and China. It’s not known yet whether the new low cost car will be Fiat-badged or not, as there is a possiblity of a new brand being used. Fiat is still conducting internal studies on whether a low cost model could damage Fiat’s image.

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 nameplate as well.

Source

7 Comments »

  1. osh_kosh said,

    April 11, 2008 @ 7:22 pm

    FIAT Koala? LOL :)

    btw, if it ever had a chance to come here i doubt it can be price lower than a Proton.. Hurrah…

    we need cheap car also… not cheap car with high price tag.. cheap car with cheap price thank you..

  2. hyundai said,

    April 11, 2008 @ 10:05 pm

    Hope to see this car soon…

  3. azrai said,

    April 12, 2008 @ 7:37 am

    How about Fiat approaching Proton and have a win-win deal. A low cost car develop together with Proton with Proton badged. Sound interesting. R&D, money coming, without affecting Fiat reputation with low cost badged car, and increasing technology transfer from Fiat to Proton. Anyone who has the power listen to me? Grab this chance. make full use of our knowledge and resources + up our economy.

  4. prometheus said,

    April 12, 2008 @ 8:33 am

    Low cost car by Fiat? The Fiat UNO was a disaster in Malaysia.Was it ever sold thru malaysian distributors or was it only a parallel import?. When i was studying in India in the Mid 90’s, i did see a lot of Fiat Unos there though, somehow in Malaysia, i’ve only actually seen a handful. maybe its the reliability issues..

  5. luqmanrohaizat said,

    April 12, 2008 @ 12:33 pm

    Wa, if fiat have ties wit proton, proton would be related to, like, ferrari, which would be really cool…

  6. bavarian said,

    April 13, 2008 @ 11:09 am

    it can’t possibly be competing with tata nano but maybe a car of toyota aygo level

  7. adunadun said,

    April 13, 2008 @ 5:35 pm

    good idea if fiat come to proton, hopefully their know that proton too need replacement for perdana model .so give take lah

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