24.11.2010 THE NEW FIAT UNO IS HEADING FOR EUROPE

FIAT UNO WAY

The Uno's appeal is being broadened by niche versions which so far comprise of the 'Way' (above), a pumped up 'off road capable' styled version and the 'Sporting' which offers all round more visual sporty characteristics to target younger drivers.

The exciting new Fiat Uno, which has proved to be an instant and overwhelming hit with consumers in Brazil, where it has been developed and built, will be looking to repeat that success when it arrives on sale in Europe in 2012.

To be precise it will appear in Fiat's showrooms in Ireland where it is hoped that it's simple and low cost nature will allow it to be a genuine market contender and replace the Fiat Grande Punto which has struggled to make any sort of real impact with consumers, although it is the brand's best-selling model. Insiders have confirmed that the Uno will arrive on the Irish market in just over a years time.

The new Uno has been an instant success story since it's launch in Brazil in May. Designed and built at the Betim factory (MS), the Fiat Group's biggest assembly plant worldwide, it has so far seen 75,000 deliveries with confirmed orders standing at around 20,000 units. The new Uno will be built at a second location, India, from 2012 and the Irish market version are likely to come from this source. With small, frugal and capable engines, well received, individualistic styling and a generous equipment list the new Uno is seen as a flexible car which is redefining it's market segment in Brazil. Its appeal is being broadened by niche versions which so far comprise of the 'Way', a pumped up 'off road capable' styled version and the 'Sporting' which offers all round more visual sporty characteristics to target younger drivers.
 
Already the new Uno is being rolled out onto other strategic Latin American markets, most recently it has arrived in Fiat's Chilean showrooms. The new Uno's flexibility and breadth will be enhanced even further next January when a 3-door version is launched in Brazil with a slightly reduced the price, although at present the Fiat-Tata Indian joint venture only plans to build the 5-door version.

Ireland has been one of the biggest losers from the global financial crisis which ended it's pretentions to be a 'tiger' economy. Instead with billon euro bailouts looming a period of severe austerity is setting in and the competitive pricing of the Uno means it seen as the right car at the right time. Adapting to the changing climate of this crisis-gripped EU nation offers potential rewards for Fiat to improve its negligible market share although it has never shown much interest in this admittedly small market.

Fiat Ireland in fact enjoyed major success with the previous Uno which sold in decent numbers and even spawned a popular one make race series which continued to boast big grids long after the Uno departed from the Irish showrooms. Once a relatively important player on the Irish market Fiat has in the last decade given away it's share of the action, in much part, as is the case for Fiat in so many markets across the world, it's perpetual inability to understand local market requirements. Proposals in recent years to bring the Turkish-built Linea, another low cost car, were never acted upon although analysis strongly suggested it would find consumer favour and the "3-box" sedan is sold on selected Eastern European countries as well as the EU's biggest new car market, Germany.

When the new Uno arrives in Ireland in 2012 it will slot into the compact Fiat Automobiles range above the Panda and provide a replacement for the Grande Punto which is set to be phased out of production in 2013 according to Fiat's most recent business plan presented in Turin in late April. The new Uno will thus sit below the Punto Evo in the range at that point. The Punto Evo itself is proposed to be replaced in 2013, again according to Fiat Group's April business plan, although the validity of these regular investor presentations are generally ignored by all but the most docile financial analysts.

 

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