News from across the continent
![]()
04/03/2013 01:17:26 PM
03/03/2013 11:49:14 AM
02/03/2013 01:16:36 PM
01/03/2013 12:44:02 PM
28/02/2013 11:40:26 AM
27/02/2013 01:14:04 PM
26/02/2013 11:58:22 AM
25/02/2013 01:17:22 PM
Publish Date04/03/2013 01:17:26 PM
Last Update
Fiat SpA`s 500 model saw sales double in the U.S. last year after an aggressive marketing campaign.
Fiat Chief Executive Officer Sergio Marchionne recruited Jennifer Lopez and Charlie Sheen to promote the $16,000 Fiat 500.
The result was spectacular, as U.S. sales surged to 43,772 cars last year from 19,769 in 2011, beating the company’s goal by 25%.
Fiat also narrowed the gap to rival Mini from BMW, which sold 66,123 vehicles to U.S. drivers in 2012.
The growing demand for small cars in the U.S. shows that the Americans are becoming more open-minded.
“Rarely a day goes by that I don’t see one. Bigger is better’ still rules the road here, but people are becoming more open-minded”, said Marchionne.
In a plan to lower losses in Europe, the Italian car manufacturer Fiat plans to expand the line in the U.S. with a bigger 500L wagon this year.
|
|
Tweet |
|
||||||||||||
|
Risk Disclaimer : All information on this page is subject to change. The use of this website constitutes acceptance of our Privacy Policy and Terms of Service. Please read our Privacy Policy, Risk Disclaimer, Terms of Services and all legal disclaimers. Please note that Forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone. Opinions expressed at ICN.com are those of the individual authors and do not necessarily represent the opinion of ICN.com or its management, shareholders, affiliates and subsidiaries. ICN.com has not verified the accuracy of any claim or statement made by any independent writer and is reserved as their own and ICN.com is not accountable for their input. Any opinions, news, research, analysis, prices or other information contained on this website, by ICN.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. ICN.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The data contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market prices, meaning prices are indicative and not appropriate for trading purposes. ICN.com does not bear any responsibility for any trading losses you might incur as a result of using this data. ©2012 ICN.COM. ALL RIGHTS RESERVED |
Comments
You must be registered as a member of the forums and logged into your account to post messages. If you do not have a member account, please Sign In or Register.