Having reduced Fiat to being a force in only Brazil and Italy, FCA is playing a waiting game. A 500 has been announced for Europe but it's an EV only and next year's new Panda might well be too. Against that, there hasn't been much fresh product for the Brazilian market, the brand has been pulled from China and India too, with the US and Canada probably next. If the merged FCA-PSA goes ahead, what becomes of Fiat?