backtop


Print 111 comment(s) - last by mindless1.. on Aug 24 at 1:01 PM


Fiat 500c and 500
Fiat blames nascent dealer network on poor sales

Fiat was supposed to make a triumphant return to the U.S. market with its diminutive and distinctively styled 500. However, things haven't exactly panned out exactly the way that Fiat planned according to The Detroit News.

The 500 is a subcompact that is being pitted directly against the Mini Cooper (an upcoming Arbath model will target the Mini Cooper S). On a lesser degree, the 500 also competed with the Smart fortwo and the upcoming Scion iQ.

However, sales of the tiny four-seater are nowhere close to reaching the lofty goals set by Fiat CEO Sergio Marchionne. Fiat expected to sell 50,000 500s during 2011 in North America. Through the first seven months of 2011, Fiat sold fewer than 12,000.

For comparison, BMW AG's Mini brand had total sales of 34,527 through July. The two-door Cooper/Cooper S coupe and convertible models alone accounted for over 20,000 of those sales.

Laura Soave, head of Fiat North America says that establishing a dealer network in the U.S. has taken longer than expected which has contributed to the poor sales. "We have coverage now, so now is the time for us to turn this up," Soave added.

Two basic models of the vehicles are currently available to U.S. customers: the 500 (coupe) and the 500c (convertible). The cheapest model available is the 500 Pop which has a base MSRP of $15,550 (the cheapest Mini Cooper will set you back $19,400). The Fiat 500 also has good fuel economy for a subcompact with EPA ratings of 30mpg in the city and 38mpg on the highway with a 5-speed manual. 

Shares of Fiat SpA dropped over 4 percent on the news of poor 500 sales.



Comments     Threshold


This article is over a month old, voting and posting comments is disabled

RE: Just like the not so Smart car...
By Dr of crap on 8/17/2011 3:33:58 PM , Rating: 0
That from someone that would post about how those small cars are just death traps.

But there are also those that will drive something smaller yet (cycle) that COULD be more dangerous.
But if you drive defensibly you won't get into trouble.
You don't hear of 10,000 accidents with cycles do you? But the national accident rate of cars/SUVs/trucks has to be in the thousands.
On a cycle all you can do is drive. No eating, no cell phones, no putting on makeup, just driving. Less distractions, less accidents per the amount of cycles out there.


By StinkyWhizzleTeeth on 8/17/2011 4:27:33 PM , Rating: 2
I agree for the most part, except don't underestimate these people.

http://www.youtube.com/watch?v=573gh5qgH5A
http://www.youtube.com/watch?v=eCHJP5Vt05c


By YashBudini on 8/17/2011 8:50:50 PM , Rating: 2
Bike riders see driving in a totally different light. It doesn't matter who's at fault you're the one who becomes mush.

Everyone should have to take a motorcycles safety course, it teaches a great deal about driving in general that is overlooked in most other training. Example: Always having a "way out" of situations. Cars drivers rarely consider such tactics.


"And boy have we patented it!" -- Steve Jobs, Macworld 2007














botimage
Copyright 2014 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki