Fiat’s future in Europe is small, electric vehicles

Milan, Italy – The Fiat brand in Europe will be reduced to a few models based around an electrified 500 lineup and the Panda, Fiat Chrysler Automobiles executives said.

“The space for Fiat in Europe is going to be redefined in a more exclusive area,” FCA CEO Sergio Marchionne told analysts during the unveiling of the company’s business plan on 1 June.

Citing a need to cut products that lacked ‘pricing power’, Marchionne said: “Given the EU (future emissions) regulations, it is very difficult for mass-market carmakers…

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