A once famous small car from the Italian car maker Fiat, Palio [images], is to become extinct as the company has shut down its doors for the customers. The low return during the last three years in this Palio forced Fiat to decide this manner. On the other hand, the focus will now turn towards the Punto [images] hatchback and Linea sedan. Fiat seeks to push the sale of these two premium brands to fetch the double growth- to an approximate figure of 45000 units. To grab this figure, Fiat has launched the diesel version of Punto for Rs6.78 lakhs. The diesel version is fit with a 1.3 lit mutlijet engine for enhanced efficiency and fuel savings. The car will counter the supremacy of Hyundai i20 [images] and Maruti’s Swift [images] in hatchback segment. To penetrate the booming small car sector, Fiat is exploring the possibilities to devise a small car of its own detached from the technical know-how of Tata Motors.