Business News
Chrysler to introduce retro-Fiat 500 by end of year in US
Jul 5, 2010, 13:47 GMT
New York - US carmaker Chrysler announced Monday plans to introduce a retro version of the Italian cult car Fiat 500 to the US market by the end of the year.
The Auburn Hills, Michigan-based company now controlled by Fiat said it is currently making a pitch to car dealerships to add the tiny car to their usual lineup of large sedans and pickup trucks.
Initially the closed version of the Fiat 500 will be sold, to be followed by introduction in 2011 of a cabriolet model.
The Fiat 500 is to be sold in 41 of the 50 US states, filling a gap in Chrysler's segment of small-car products.
In the wake of Fiat's takeover of Chrysler after the American company's inolvency a year ago, the two companies are working jointly to develop new cars. But the first such models will not be available until late-2011 at the earlies.
