Fiat

Tuesday 9th January 2007

Fiat takes big stride forward

Grande Punto leads Fiat from the wilderness


Fiat Grande Punto
Fiat Grande Punto
Fiat has bucked the trend in the motor trade and made a massive sales leap forward.

The UK's fastest growing marque, it sold 58,831 cars last year – up by over 64 per cent year-on-year – in a market down by 3.9 per cent over the same period. In percentage terms, the company’s 2006 market share stands at 2.51 per cent, compared with 1.47 per cent (35,828 units) the previous year.

Yes the company was doing particularly poorly but it suggests that there's still a lot of people out there willing to give Fiat another go. And the charge was led by the success of the company’s new Grande Punto, which went on sale here at the beginning of 2006 to widespread acclaim. It resulted in performance in this sector of the market (B-segment or supermini), that's particularly noteworthy, up 140% year-on-year in spite  of the introduction of cars such as the Vauxhall Corsa.

Naturally, Fiat's over the moon about this and it'll certainly help with the bank balance, which has been haemorrhaging red ink in recent years.

“Obviously the Fiat team in the UK is pleased to have achieved the goals we set ourselves for 2006,” said Fiat UK boss Giulio Salomone. "We will be working hard to consolidate the re-launch of our brand in the UK, with some additions to our Grande Punto range, and with the launch of our fantastic new Bravo here this summer, along with key priorities, such as network development, customer satisfaction, business sales and the internet; as we prepare for the introduction of our stunning new baby, the Cinquecento, early in 2008. This iconic car is already beginning to capture the public’s imagination, and I am certain it will play a key role in taking our brand to another level.

“Customer awareness of our company is rising rapidly, and our latest TV advertising with Grande Punto reflects the younger buyer profile we are attracting.”

In spite of some well-documented dogs, Fiat's always been best at fizzing little cars that you can have fun in, and it would be a loss to all of us if that were to disappear.

Author
Discussion

kaneit

Original Poster:

2,567 posts

220 months

Tuesday 9th January 2007
quotequote all
WELL DONE FIAT!
The Punto is a tidy little car, much better than the previous generation Punto.
If only MG Rover could have done the same with the CityRover. Shame......................

Lord-Flasheart

6,631 posts

215 months

Tuesday 9th January 2007
quotequote all
As long as they build (and style) them properly then they should do just fine.


Anyone remember that guy in the audience on Top Gear who thought Fiat were French?

chippy17

3,740 posts

244 months

Tuesday 9th January 2007
quotequote all
Always been a big Fiat fan, well done them, I think the new Punto looks great not to mention the funky little Panda, more of the same please

Lord-Flasheart

6,631 posts

215 months

Tuesday 9th January 2007
quotequote all
The new Fiat Bravo looks good too. Fiat should have even more success with that.

beasto

323 posts

215 months

Tuesday 9th January 2007
quotequote all
We had a little Punto for a while. The internal space was fantastic -- enough room for 4-5 in a footprint smaller than a Ka.

It's cornering wasn't up to much tho' and a new head job rather expensive at 44k.

The Grande is a big leap forward, and I'll certainly give the GP Abarth a try when it comes.

loveice

649 posts

248 months

Tuesday 9th January 2007
quotequote all
can't wait for the new 500 which sould have same interior space as the new mini, but has a much smaller footprint!

VladD

7,859 posts

266 months

Tuesday 9th January 2007
quotequote all
I'd like a new X1/9 please. Brilliant packaging and excellent handling. I think the market's ripe for it at the moment.

graham lunn

49 posts

240 months

Tuesday 9th January 2007
quotequote all
My wife has a grande punto with a 90 bhp diesel, 6 speed box and it is excellent to drive. the build quality is at least as good as the competition and better than her last car, a Polo. The car gets 60 mpg and drives well, especially at motorway speeds. Although nothing has gone wrong it is packed with electronic devices and a lot of kit including a sky dome sun roof. best of all, with its Guigaro styling, it looks good!

Tuna

19,930 posts

285 months

Tuesday 9th January 2007
quotequote all
VladD said:
I'd like a new X1/9 please. Brilliant packaging and excellent handling. I think the market's ripe for it at the moment.


You can have my old X1/9 if you like. It's great fun. There really is nothing like it on the market at present, but I don't know if anyone understands just how clever the packaging was. Certainly modern 2 seaters fail miserably on the storage front, yet offer very little else to compensate.

Wacky Racer

38,178 posts

248 months

Tuesday 9th January 2007
quotequote all
I have a new Grande Punto, great fun, (Other than a small problem with a water leak) now fixed......

Great fun. Recommended.

gdr

586 posts

261 months

Tuesday 9th January 2007
quotequote all
The other new and good car from Fiat is the Panda - I have just bought a Panda 100HP and it is a really nice little car, quite nippy and feels well made. Only £9500 too.

Alfahorn

7,767 posts

209 months

Tuesday 9th January 2007
quotequote all
Fiat doing what they do best, making great small cars.

I would love to have a Grande Punto for everyday use and just have a more exotic Alfa for weekends.

potatoboy666

108 posts

231 months

Tuesday 9th January 2007
quotequote all
Panda, Punto, 500, Bravo.

I think it's safe to say Fiat are definately on the up again, looking forward to seeing the return of Abarth.

pwig

11,956 posts

271 months

Tuesday 9th January 2007
quotequote all
Wacky Racer said:
I have a new Grande Punto, great fun, (Other than a small problem with a water leak) now fixed......

Great fun. Recommended.


Which you didn't buy off me irked

busta

4,504 posts

234 months

Tuesday 9th January 2007
quotequote all
EVO magazine have fallen in love with the Punto 100hp in their latest issue. Its on the cover and in 2 of the main features and they rate it very highly. Praise indeed!

Fiat is a brand I've never really given much attention to, mainly because of its reputation of poor build and unreliability but its a reputation they seem to be shedding fast!

Dan Friel

3,639 posts

279 months

Tuesday 9th January 2007
quotequote all
Panda 100 HP's now advertised for less than £9k on Autotrader (even before haggling)! Surely a bargain....

Alfa Mad

219 posts

244 months

Tuesday 9th January 2007
quotequote all
Bravo Fiat!
Good to see Fiat clawing back some lost ground. Fiat have long made good, fun affordable cars. With reliability and build quality issues resolved to a great extent, perhaps we can look forward to more stylish fun cars.
The Italians have always created cars with their characteristic passion, and that has always shown in the product. I'd certainly say there is still a market for Fiat.

roop

6,012 posts

285 months

Wednesday 10th January 2007
quotequote all
They have done well here. The Grande Punto floorpan was developed by GM/Daewoo in South Korea and is shared (albeit in an ever so slightlyshorter format) by the new Vauxhall Corsa.

Presume the Corsa is therefore a decent drive as well...? Surely a first for the Corsa badge in the UK...

FestivAli

1,092 posts

239 months

Wednesday 10th January 2007
quotequote all
roop said:
They have done well here. The Grande Punto floorpan was developed by GM/Daewoo in South Korea and is shared (albeit in an ever so slightlyshorter format) by the new Vauxhall Corsa.

Presume the Corsa is therefore a decent drive as well...? Surely a first for the Corsa badge in the UK...


I'm not sure that's entirely true. The European Corsa used to be sold in Australia under the Holden Barina nameplate, however cost reductions and the opening of the GM South Korea operation were Holden has a bit of influence meant that the Barina got replaced with a rebadged and ever so slightly re-engineered (new engines, styling change etc) Daewoo Kalos. If the new Corsa/Grande Punto platform had been developed in Korea we probably would have got that instead/as well, but the development costs of the European car meant that importing them and selling them at a competitive price in Australia would have been harder. (exchange rates also played a part though).

Still, they sell the Grande Punto here and I've seen a few on the roads, but they're veruy expensive when you stack them up against similiar competition. The base 1.25 costs around $23,000AUD when a 1.3 (albeit petrol) Yaris is around $14,000 and the aforementioned Barina, as a 1.6 petrol, is $12,990. However, it's good to hear that FIAT is doing better. I'd say once the line up consists of (over here anyway) the 500, the Panda, the Grande Punto and the new Bravo, they'll have a pretty desirable lineup and could give the French marks at the least some competition on our southern shores.

Ali.

twincam16

27,646 posts

259 months

Wednesday 10th January 2007
quotequote all
No wonder. FIAT have nailed their build quality problems whilst staying true to their values.

Also, they've done something seemingly impossible - made an exotic-looking small family hatchback. It's cars like the new Grande Punto that remind me that, even if I end up lumbered with kids and a mortgage, I won't have to drive around in something that looks like a deep-sea diving bell with wheels. There's a saloon version in the pipeline which looks like a baby Quattroporte as well.

I hope the handling's OK though - my Punto rolls around like Pavarotti after a night on the tiles and understeers horribly with no grip on its little front tyres at all. With this new one, the Punto is no longer a Seicento in a bigger box.

Looking forward to the new 500 - but woe betide them if they give it power steering or traction control. They'll ruin it if they do.