It's a decline that’s endured regardless of the bold styling of the original Ritmo, the Tipo and the first-generation Bravo. Fiat didn’t simply pioneer the supermini format, it sold them by the million, with the 127, together with the Uno and Punto that succeded it, very often standing proud as Europe’s best-selling fashions. But circumstances, and Fiat’s market power, have changed, and Marchionne just isn't betting on a surging renaissance for the brand in these segments. A new report suggests that the Fiat Punto is no longer going to be produced at the FCA Melfi plant in Italy. While Fiat Punto was initially introduced in 1993, this third technology Fiat Punto is 12 years old after being launched in 2005 and is therefore being retired while making method for brand spanking new premium models. Besides pulling out the Fiat Punto from production, additional manufacturing of the Alfa Romeo MiTo, produced at the Mirafiori plant is also to be stopped.
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The lack of hot selling cars and void in the SUV sub-segments made this model exit the country. Though Endeavour tasted success, Ford needed to have some other product to stay in profit. Their different vehicles named the FreeStyle, Figo Aspire, and so forth weren't in demand because of extensive competitors. Ultimately, the losses reached 2 billion dollars and Ford needed to bid goodbye.

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With the Punto, the Italian maker became a modern participant that was able to offer cool cars for everyone. Production of the three-door model ended in 2015, leaving only the five-door model obtainable in Europe. Fiat's model picture is a whole mess, as they're utilizing the same badge to sell "stylish automobiles" e.g. 500, 124 Sport with low-cost transport, particularly aimed at creating markets, e.g the Tipo and Argo. The recently discontinued Punto was the third iteration of the model. It originally went on sale in 2005 because the Grande Punto, was facelifted and renamed the Punto Evo in 2009 and then reverted to the unique Punto name with a second update in 2012.

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At current, Fiat India is selling 4 iteration of the favored Punto hatchback in our market. It is certainly one of the strongest nameplate of Fiat cars in India. But, the car will bid a farewell to the Brazilian market this month, as FCA ends its production at Brazil’s Betim plant, to make room for the the new hatchback derived from the Project X6H. As Europe was heading to a deep disaster, the Punto started to indicate sales drops. In 2012, when the worst of the economic downturn happened, the third generation Punto was Carros Com 7 lugares usados years old, which is the common age of a mannequin changeover. Fiat determined to delay any new technology project and started to focus on the Panda and 500 and on the new 500L. After the end of manufacturing of the Fiat Palio in South America, the corporate has officially stopped the manufacturing of another glorious nameplate.
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The Fiat Punto, Linea and derivatives of these two fashions such as Abarth Punto, Avventura, and Urban Cross have been discontinued; reveals Live Mint and Economic Times. The first-generation Punto, which was produced between 1993 and 1999, was voted European car of the yr in 1995, profitable praise for its practicality and Italian style. Italian coachbuilder Bertone even construct 55,000 convertible versions of the automotive that were offered worldwide. The reasonably priced small automotive brand failed to shine its glory in the Indian market. Its mother or father group Nissan needed to discontinue it due to low demand. It failed to captivate consumers as a outcome of many different reasons, with the major ones being construct high quality & lack of options.
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Sergio Marchionne, CEO, who retires next year, states that FCA can be paying more consideration to the Jeep SUV and Maserati luxurious cars while downsizing the Fiat models. The company is also considering ending sales of Fiat automobiles in North America and China, limiting the Fiat brand to only the Fiat 500 and Fiat Panda in Europe. The automotive was out there for 25 years and now says goodbye after a superb carreer with an abrupt finish which was the consequence of bad planning and the lack of interest from the administration. But the 9 million units offered will at all times remind us that there was a Fiat that once led the European market. The first era of the Punto was the winner of the "European Car of the Year" award in 1995. At the same time, the Punto grew to become the best-selling automobile in Europe in 1997, puting an end to 14 years of uninterrupted domination by the Volkswagen Golf. The Punto was an unique automotive, affordable and Carros Com 7 Lugares Usados with decent quality requirements.