HOME

NEWS

ROAD TESTS

HOME PAGE


Fiat and Ford Sign Small Cars Agreement

SHOP ON-LINE
SHOP ON-LINE AT
OPTICAL AND HEARING

RHEMA ON THE ROAD
HEAR MOTORING
NEWS ON RADIO



To advertise
with Next Car,
contact us
by e-mail
from here.




ON 30/12/05
WE WILL NAME
THE CAR WE
RATE AS THE
TOP DRIVE
OF 2005


You'll see it
HERE
after midday
30/12/05.






8th November, 2005


The automobile sector of Fiat Group and Ford Motor Company announced yesterday that they have signed a definitive agreement to cooperate on the joint development and production of vehicles in the European small car (sub-B) segment.

The outcome of this project will be the delivery to the European market of two highly differentiated vehicles; small cars with exterior and interior design that are true to the individual parents' brand identities.

The two vehicles planned for development, the new Fiat 500 and a replacement for the current Ford Ka, will play a significant role in each company's European product range. Fiat and Ford are highly experienced in the development of successful small cars in Europe. By working together, the two companies will benefit substantially from reduced development costs and economies of scale in manufacturing and component sourcing. The result will lead to better value and increased quality for customers, while retaining the brand characteristics of each vehicle.

Fiat and Ford are already working jointly on the development of the new vehicles. The current Fiat Panda platform will be the basis for the development of the new cars, which will be manufactured in Fiat's existing Tychy facility in Poland, where Ford engineers will contribute to the†development†of their models. The vehicles will use Fiat powertrains built in Poland and Italy.

"The strategic cooperative agreement with Ford represents another milestone in our strategy that calls for targeted alliances aimed at sharing financial and industrial resources on new products and platforms," said Sergio Marchionne, CEO of Fiat Group and Fiat Auto. "It is consistent with successful ventures established with major partners, including PSA Peugeot CitroŽn and Suzuki, and current discussions with the Indian group Tata Motors."

Marchionne added: "As far as Fiat is concerned, the partnership with Ford is relevant fourfold: the decision to manufacture the new cars at Tychy is a clear vote of confidence and trust in our Polish plant; the joint development of the new cars bears witness to the flexibility of the highly successful Fiat Panda platform; and the alliance represents a win-win industrial opportunity for both parties. Finally, I am pleased to say that the much awaited future Fiat 500 will further enhance our brand identity as it represents both an icon in the history of our Company, and of the motor industry."

"We fully intend to replace the Ka with a similarly iconic model," said John Fleming, Ford of Europe President and CEO. "Fiat is the ideal partner for us in this particular project, as they are acknowledged as having been for many years one of the world's leading manufacturers of small cars. The decision to combine forces with Fiat in this highly competitive area gives us the opportunity to minimise unit costs, while developing highly competitive products which will be true to our respective brand values."

The new products will go on sale in the 2007-08 period. Projected annual volume will be around 240,000 units, divided evenly.






Other news:

Holden Barina Ushers in New Era
7th November, 2005
Holden is set to shift the balance in Australia ís light car market with a new Barina starting below $13,000 with air conditioning as standard ..... more

Industry Gears Up For End Of Year Sales Push
6th November, 2005
Australian motor vehicle sales dropped slightly in October, interrupting a run of record monthly results that have pushed the market to new heights this year ..... more

Peugeotís Carbon Sink in the Amazon Forest
5th November, 2005
The CEO of PSA and the Director of Franceís Office National des ForÍts (ONF), traveled to the S„o Nicolau tree farm in Brazil for a review of their experimental carbon sink project ..... more

China Will Be World's No.1
5th November, 2005
Dr. Feng Fei, an economist at the Development Research Centre of Chinaís State Council, has forecast that China will become the world's largest vehicle manufacturer by 2020 ..... more

2006 Fiat Punto Grande
3rd November, 2005
Fiat has long been renowned for lifting small cars above the mundane, turning basic transport into something special, into virtual works of art ..... more

Sales of Daewoo-Sourced Vehicles Rise 41%
2nd November, 2005
GM Daewoo Auto & Technology (GM Daewoo) announced yesterday that 112,631 of the Incheon-based car maker's vehicles were sold globally in October ..... more

Fiat Croma Gets Euro NCAP 5-Star Rating
1st November, 2005
The Fiat Croma has been awarded the maximum five-star rating in the European New Car Assessment Programme crash safety ..... more

New Sparkle for 2006 Fiesta
31st October, 2005
Ford's small car range, Fiesta, is set to receive a distinctive new look ..... more

Smart Signs Up For Mitsubishi Engine
30th October, 2005
Mitsubishi and Smart have signed an agreement on engine supply ..... more

Volkswagen EcoRacer Concept Car
28th October, 2005
Its basic data: average fuel consumption of 3.4 litres per 100 km, a top speed of 230 km/h. Its name: EcoRacer ..... more

Thailand Important For Ford's Growth
28th October, 2005
Ford Chairman, Bill Ford shared the companyís global vision on Innovation when he visited the Ford Jor Charoen Prachuabkirikhan dealership in Hua Hin, Thailand yesterday ..... more

äkoda Sales Success
28th October, 2005
äkoda continues its positive sales trend. A total of 369,652 customers bought äkoda Fabia, Octavia and Superb cars over the first nine months of 2005 ..... more

GM's Global Growth Continues
27th October, 2005
General Motors reported calendar year-to-date sales (January - September) of 7,066,774 vehicles around the world Ė a 3.7 percent increase over 2004 ..... more

Bill Ford Hosts Debut Of Ford Fiesta In India
26th October, 2005
Ford Motor Company took another step forward in the important and growing Indian automotive market ..... more

GM Opens Russian R&D Science Office
26th October, 2005
General Motors will open a new R&D science office in Moscow in order to leverage Russian science institutes and universities on a broad array of technologies ..... more

Scottish Sports Car Of The Year
24th October, 2005
The Association of Scottish Motoring Writers has voted the Mitsubishi Lancer Evolution IX as Sports Car of the Year 2005 ..... more

Volkswagen's Latest Hot Hatch
21st October, 2005
Volkswagen Group Australia introduces the latest "Hot Hatch" to the Volkswagen range and confirms that Australia will be the first country in the world to sell the new Polo GTI ..... more

New Volkswagen Polo
21st October, 2005
The new generation Volkswagen Polo has received a fresh and dynamic re-design, reflecting a more modern appearance and building upon the Poloís vivacious and unique shape ..... more

Toyota Infringement Of Antonov Patents Update
19th October, 2005
Update: The case received its preliminary hearing on 22nd September 2005 having previously been postponed by the company to allow further negotiations with Toyota ..... more

New Focus XR5 Turbo to Join Ford Line Up
17th October, 2005
Ford has revealed its latest performance vehicle Ė the five cylinder Focus XR5 Turbo, equipped with a six-speed manual gearbox ..... more

S3X From Daewoo For Holden
16th October, 2005
Holden is showing the striking S3X concept SUV at Sydney's Australian International Motor Show, as the preview for a Daewoo-sourced seven-seater Holden destined for Australia next year ..... more

New Peugeot 307 Debuts In Sydney
14th October, 2005
A new look and new features for the new Peugeot 307, which has been launched at the 2005 Australian International Motor Show ..... more

New Volkswagen Polo GTI To Debut In Tokyo
12th October, 2005
VW will introduce the Polo GTI during a world premiere at the Tokyo Motor Show next week. With 110 kW/150 hp it is the strongest Polo since the series was first introduced 30 years ago ..... more

New World Blind Land Speed Record
12th October, 2005
England's Mike Newman and his Speed of Sight team have rewritten the Guinness Book of World Records, again! ..... more

Suzuki Jimny Receives Minor Upgrade
11th October, 2005
Suzukiís popular 4WD, the Jimny JLX, will receive a minor upgrade, further enhancing the vehicle's appearance ..... more

Record Month As Small Car Sales Boom
10th October, 2005
The Australian motor vehicle market continues to head towards a new annual record, driven by a big increase in demand for smaller cars and light trucks ..... more

A Joint Fiat & Ford Tiny Car
21st September, 2005
Fiat and Ford have confirmed that discussions have taken place between the two companies to determine if they should pursue a joint development ..... more



Receive an automotive news summary periodically and more by e-mail,
SUBSCRIBE to our free newsletter here.
Simply send a blank e-mail to lodge your subscription.



HOME PAGE
Click the logo for our home page


E-mail Next Car Pty Ltd

Next Car Pty Ltd   (ABN 47106248033)
Copyright © 2005. All rights reserved.