Fiat discontinues 500 subcompact automotive within the U.S.
The discontinuation applies to each the gasoline-powered 500, the Abarth efficiency mannequin, the cabriolet, and the electrical 500e. Former Fiat-Chrysler Vehicles (FCA) CEO Sergio Marchionne typically referred to the 500e as a “compliance” automotive and was recognized to overtly discourage prospects from buying it.
FCA says there may be ample stock on supplier tons to final by way of 2020. The subcompact has been struggling to keep up quantity in a market that’s more and more thirsty for bigger crossovers and SUVs. When Fiat final reported U.S. gross sales figures in June, fewer than 1,700 models of the 500 had been offered in 2019.
2019 Fiat 500
The 500 shouldn’t be the primary sufferer of America’s style for bigger vehicles; in truth, it is not even the primary FCA product to get tossed out because of the altering market. The Dodge Dart, Dodge Avenger and Chrysler 200 all bit the mud due to slowing gross sales and lowered profitability.
Elsewhere, Ford and Basic Motors have since introduced the discontinuation of a number of small vehicles and sedans, and one of many Fiat 500’s closest rivals, the Sensible Fortwo, will not return for 2020.
Fiat will proceed to promote the small 500X crossover, the considerably awkward 500L and the Mazda Miata-based 124 Spider. These fashions aren’t presently promoting any higher than the 500, however within the case of the 500X and the 124 Spider, they’re much newer. The 500 has gone primarily unchanged because it was launched to the U.S. market early in 2011.