11.07.2005 fiat auto underlined their exciting new product strategy and key success factors recently, at the morgAn stanley 8th annual european automotive conference

New Fiat Croma

The new Fiat Croma has been in showrooms since the end of May, with a UK launch scheduled in mid-August. A sales volume of 50-60,000 units per year is targeted, with the car representing a step-change in quality and product positioning for the Fiat brand. Model strengths include:

  • Top level safety - aiming at 5 NCap stars

  • Powertrain offer topping competition, with Multijet diesels and automatic transmissions - diesel engines from 120 to 200 hp - 400 Nm (unique in its segment), 5-6 gear automatic transmission with sequential mode

  • Ergonomics - Dashboard mounted gearshift for facilitated control, Accessibility facilitated by raised flat floor, Roominess

  • Flexibility - modular luggage bay, fold-down front seat

  • Innovative body style - hybrid body style in a segment dominated by classic saloon, hatchback and station wagon formats

  • Price positioning - highly competitive content, particularly on top-end versions

Reactions to the car have been spectacular, with comments such as: 

  • …Evviva! Croma beats the competition on value and roominess. Excellent quality and superb diesel engines...” (AutoMotor und Sport, Germany)

  • … the new greatness of Fiat with highly improved quality...” (AutoBild Germany)

  • “ ...class-leading levels of space for all, plus plenty of room for luggage...” (AutoExpress UK)

Alfa Romeo 159

Launched on June 13th, the Alfa Romeo 159 will be commercially available in September, with over 110,000 units targeted to be sold annually. Model strengths of the Alfa Romeo 159 include style, driving pleasure and performance, with an excellent engine line-up. Petrol engines ranging in output from 160 to 260 hp are available, alongside diesel engines from 120 to 200 hp, with optional 6-speed automatic transmissions with sequential mode. More powerful engines and AWD versions will be added to the range, in order to keep it fresh over its lifecycle.

Robustness is catered for by an extremely strong chassis, in turn complementing to an excellent active and passive safety. The Alfa Romeo 159 is the first Alfa Romeo to shoot for a full 5 stars in the Euro NCap. Comfort, quality, reliability and roominess, coupled to both a 3-year warranty and 3-year free maintenance complete the main new added values to the brand.
 


The new Fiat Croma, a perfect product for families and the fleet market, represents the importance of market segmentation, covering the third largest segment in Europe.
Displayed at Goodwood recently, the Alfa Romeo Brera and 159 models represent a new, uncompromised era for Alfa Romeo.
The New Fiat Punto offers a C-segment car, for B-segment money.  Excellent handling, with a high fun-to-drive factor, is combined with elegance and safety.

 
New Punto

With a mission to lead the B-Segment, the new Punto will lift the Fiat brand to a more emotional level, in line with a heritage of excellence in Italian automotive design, and a young and sporty attitude. The concept itself is a car of C-segment size and features, offered at a  B-segment price. The elegant, innovative and sporty car exudes emotion, being excellent fun to drive combined with very good handling. In terms of safety, the car tops the B-segment in its equipment offering (7 airbags, ABS, ESP), with an innovative platform allowing it to aim for 5 Euro NCap stars.

The new Fiat Punto will be targeted at customers who love clean designs, wishing to distinguish themselves without going against fashion trends, with leisure playing a large part in their budget. It is believed that the car will be particularly successful with single men in the age group of 25-45.

Fiat Auto have made a strong effort recently to improve their position in the automotive market, with the results shining through in the form of a strong new model range.  Starting from a clean slate, new strategies and management methods will place the company as a true market driven organisation, with a coherent and sustainable brand image.

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© 2005 Interfuture Media/Italiaspeed