The Italian based automaker Fiat has recently announced that the 500E model won’t be sold on the European market.
After being officially unveiled just a few weeks ago and with the model being scheduled to make its public debut at the 2012 Los Angeles Auto Show, the Fiat 500E is ending up in our news once again, this time with a statement which will disappoint those of you who were looking to buy the model on the Old Continent. According to the car manufacturer, the Fiat 500E won’t be launched in Europe and it will only become available in the United States, where it will arrive in dealerships in the second quarter of 2013.
The Fiat Group chief, Sergio Marchionne, said that each 500E unit will generate a loss between 8,000 and 10,000 USD but, even so, the model will still be launched over-seas, where its starting price is expected to be set around 35,000 USD. The American version of the Fiat 500, on which the electric version is being based, is produced in Mexico, in a plant owned by Chrysler. The fiat 500E will be officially presented during the 2012 Los Angeles Auto Show. More details on the model here.