Small car from the yeoman company Fiat
The small car segment in India has not spared any car maker and this time it is Fiat. The company is on the verge of launching a small car at Rs3-4 lakh range to fit in A2 segment. If it materializes, then it would counter the likes of Hyundai Santro [images], Maruti Alto [images], and A-Star [images] and Spark [images] from Chevrolet. Fiat is said to have opted to offer both diesel and petrol versions of the proposed car. The President of the company for India said that the car will be designed by the R&D wing of the Indian team and may place below Punto.
The car might be fit with 1.0 lit engine he added. The Italian company is fully aware of the potential of the small car market in India and is on the lines of other major players like Hyundai, Ford, GM and Nissan. There is also a proposal to relaunch the Bravo as a CBU on the grounds of healthy exchange rate for euro and rupee. The company is introducing the Grande Punto [images], the sporty 90bhp premium hatchback at Rs6.79 lakhs. The car is said to contain – ABS, automatic climate control, accessory pack like rear spoiler, chrome exhaust tip, airbags, body decals, aluminium pedals, leather seat covers. The car can be chosen from the five fixed colors. The existing Punto comes in 1.2 lit and 1.4 lit petrol versions in addition to 75bhp diesel version.