ITALY: Fiat 500X and small Jeep SUV to be built at Melfi in 2014
Fiat's current B-segment 4x4, the Suzuki-built Sedici, will be replaced by the 500X
Fiat SpA's chief executive Sergio Marchionne has announced a EUR1bn (US$1.3bn) investment for the firm's Melfi plant. Fiat and Jeep SUVs will be made at the factory in southern Italy from 2014 but there is no mention of any replacement for the Fiat Punto which is currently built there.
Adding to suspicions that Fiat does not intend to directly replace one of its best sellers, Marchionne spoke of the need for Fiat SpA's products to move "upscale". Fewer than 95,000 units of the Punto have been sold in what has always been its largest market, Italy, during the first 11 months of this year. Next year will be the model's eighth year of production. It seems a strong possibility that the firm now sees the 500L as the new core product for the Fiat brand in Europe's B segment.
Until today's announcement, another Italian plant, Mirafiori, was believed to be the front runner to build the two new SUVs that are being developed under the 'B-SUV' project codename.
As for model names, 'Jeepster' is rumoured, while '500X' was confirmed by Fiat in July 2012, when it revealed a full sized model of the vehicle during the 500L media launch. The new vehicles will be rivals for the Nissan Juke, Ford EcoSport, Opel/Vauxhall Mokka and Chevrolet Trax.
Author: Glenn Brooks
The UK market looked strong in May while Toyota's UK plant, clobbered by the 2008 recession, is now claimed to be back at capacity, following the start of production of the Auris Touring Sports or, to...
This QUBE report from just-auto report provides a comprehensive overview of the global light vehicle OE tyres sector, major suppliers, top markets, technology trends and market size forecasts. Use thi...
Senior Nissan executive Andy Palmer has told an auto industry forum in London that the Chinese OEMs are set to grab a big slice of future growth in the world's automotive market....
Fiat chief Sergio Marchionne has confirmed reports that US unit Chrysler is working on a US$3bn loan refinancing in order to lower its borrowing costs and make it possible for the Italian company to a...
Top Nissan Motor executive Andy Palmer told an auto industry forum in London demand is growing worldwide for new cars, particularly in China and India....
Nissan is retrospectively extending battery warranty from three to five years for about 10,000 European owners of the original, Japanese-built Leaf....
Chrysler is recalling 14,800 Dodge Darts to recalibrate a control module that causes some cars to stall after starting....
- VEHICLE ANALYSIS: 2016 Land Rover Discovery & L462
- ANALYSIS: Mégane GT 220 & future Renaults
- THE WEEK THAT WAS: Premium electric SUVs...
- Briefing: Innovative emission technologies
- ANALYSIS: Honda's BR-V could be The Next Big Thing
- UPDATED IAA debuts list: smart & VW Golf updates
- JLR expects "many" of 5,800 Tianjin cars damaged
- Ford may revive Bronco and Ranger for US - reports
- GM strike ends as Mercedes truck workers walk
- Wraps come off fourth generation Kia Sportage
- General Motors Company (GM) - Financial and Strategic SWOT Analysis Review
- Automotive Plastics Market for Passenger Cars by Type, by Application, & by Region - Global Forecast to 2020
- Ford Motor Company (F) - Financial and Strategic SWOT Analysis Review
- Volkswagen AG - Strategy and SWOT Report
- Global light vehicle engine technologies market- forecasts to 2030