Fiat keeps Bravo's costs down; Crucial new car will break even at just 75,000 units a year.(Fiat S.p.A.)

Automotive News Europe,  February, 2007  by Ciferri, Luca

• E-mail
• Print
• Link

Byline: Luca Ciferri

Fiat needs to sell only 75,000 units a year of its new Bravo hatchback to break even. It plans to sell 120,000.

The low breakeven point results from a decision not to install features "just for the sake of marketing or engineering pleasure," said Fiat Automobiles CEO Luca De Meo.

If Fiat wants to continue its recovery, the carmaker needs the Bravo to meets its target, which won't be easy in a segment that includes the Volkswagen Golf, Opel/Vauxhall Astra and Ford Focus.

To keep costs down, De Meo said Fiat asked the same question while ...

Read the rest of this article with a Free Trial at HighBeam Research.