Fiat 500L Production Halted on Weak Demand
Fiat is having trouble moving its new people mover from dealer lots.
The Italian brand has suspended production of the 500L due to weak demand around the world. The car is produced at a factory in Serbia, where it has been built since 2012.
“The causes of this temporary setback are external and related to situation in the European and global automotive markets,” Fiat said in a statement on Monday. Fiat did not say how long the plant would be halted.
SEE ALSO: 2014 Fiat 500L Review
In the US, Fiat sold 7,402 500Ls last year, while this year-to-date the brand has moved 8,262. For comparison, Fiat sold 35,834 units of its 500 city car last year.
[Source: Auto News Europe]
Discuss this story at our Fiat Forum
Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>
More by Stephen Elmer
Comments
Join the conversation
A bloated, ugly car with a pontiac trans sport windshield, horrible seats, and a dual-clutch transmission that doesn't work. I don't think people are going to lose sleep over this news (except fiat execs).
I would NEVER buy a Yugo-slavian car. I won't even buy any Zastava guns. Chinese make 24karat gold Renoir masterpieces in comparison :p