Fiat CEO, Sergio Marchionne, announced that that the new car will be a direct competitor for Renault's Dacia Logan range.
Posted on 20.03.2007
The new car would replace Fiat's aging Palio 'world car' platform. As well as Brazil, the new car might also be built in China, India and Turkey.
The new "world car" project is not tied-in to Fiat's engineering and marketing collaboration with Tata Motors, which is currently working on its own super-low cost '1-lakh' car in India.