According to sources familiar with the matter, discussing the plans under condition of anonymity, have said that subcompact Punto’s replacement would be produced at the company’s plant in Tychy, Poland.
The manufacturing facility would receive an investment of 2.36 billion zlotys ($784 million) in order to be retooled, upgraded and prepared for the production launch of the five-door Punto replacement. According to the people, Fiat’s future subcompact model could lose the Punto moniker, with the model scheduled for a 2016 unveiling.
The unannounced model could be a longer and wider version of the three-door version of the 500 minicar, which is currently built at the Tychy plant, being even bigger then the recently released five-door 500L, with a targeted production of 180,000 units per year and tentatively named 500 Plus.
A report, published in Polish newspaper Puls Biznesu, says the planned investment in the factory would be used to upgrade production lines, as well as adding new technology through outside purchases. Besides the 3,000 workforce it already has in Poland, Fiat should also add around 420 new people, with 96% of the model’s production slotted for export – including to the North American Region.
The Punto, which is Fiat’s entry model into the highly popular subcompact segment in Europe – counting as the region’s largest by car sales – is becoming quite long in the tooth, with an aging design and, especially, technical platform.
Via Automotive News Europe