Fiat Panda and Lancia Ypsilon Replacements Pushed Back for 2012
Following CEO Sergio Marchionne's comments at the 2010 Paris Motor Show ( see here ), Autonews Europe has uncovered new information regarding the Fiat Group's future product launches. One of Fiat's most important models in Europe, the third generation Panda, was originally due in summer 2010 but its launch had already been pushed back to September 2011. Now, sources inside the company told the news site that the introduction of the small five-door hatchback will be further delayed until January 2012. The third generation Lancia Ypsilon supermini has also been delayed more than two years, as have the replacements for the Fiat Idea / Lancia Musa small MPV twins and the Fiat Multipla 3+3 seater people carrier, which has been in production since 1998. The latter two launches were scheduled for December 2011 but have now been postponed until the second half of 2012. Fiat CEO Sergio Marchionne froze his company's spending in 2008 as the financial crisis hit Europe. Spending w...