In an interview with its shareholders, Mike Manley, the CEO of the FCA group, announced that he would gradually leave the mini-city segment (segment A). Fiat-Chrysler Automobiles (FCA) wants to focus on the "segment B" of city cars, that of Renault Clio or Peugeot 208, which offers "greater volumes and better margins". All at the price of its offer of segment A, which today contains the Panda and the Fiat 500.
The latter, whose popularity is still undisguised, should not be worried, with an electric version in preparation.
The group is not the first to want to leave the segment: at PSA for example, Opel will stop production of the Karl and Adam, while the future of Citroen C1 and Peugeot 108 is uncertain. The fault, according to these manufacturers, is that emission limits are more difficult (and more expensive) to reach on these models. Conversion to 100% electricity involves significant technical and financial development.
A Punto on the basis of 208?
This return to the city car segment could see Fiat offer a succession to the Punto, and the MiTo at Alfa Romeo.
All will obviously be influenced by the eventual merger between FCA and the PSA group. Fiat and Alfa Romeo could soon have access to the group's platforms including the Peugeot 208, which would also open the way to a 100% electric version. To be continued.
Source: Automotive News