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Fiat closes factories

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Inactive
Inactive Posts: 14,509 Forumite
Fiat have closed some factories down in Italy for 2 weeks, story here:

http://news.bbc.co.uk/1/hi/business/8527967.stm
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Comments

  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    I think we will see a trend of this throughout Europe in the coming months.
  • Anihilator
    Anihilator Posts: 2,169 Forumite
    Fiat have also flooded the market with Grande Punto's and Fiat 500's through a mixture of making the specs far better than equivalent car and retrol cool appeal and hence its only a matter of time before the market falls apart on them due to oversupply.

    Just look at any Fiat dealership and see how many new/pre reg's they have for immediate delivery.
  • Zazen999
    Zazen999 Posts: 6,183 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yeah, but the 500 is bloomin lovely :D
  • Anihilator
    Anihilator Posts: 2,169 Forumite
    Zazen999 wrote: »
    Yeah, but the 500 is bloomin lovely :D

    Maybe so but its a good thing there is so many cheap pre reg's on the go because the new price is scandalous for what it is.
  • vikingaero
    vikingaero Posts: 10,920 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Anihilator wrote: »
    Fiat have also flooded the market with Grande Punto's and Fiat 500's through a mixture of making the specs far better than equivalent car and retrol cool appeal and hence its only a matter of time before the market falls apart on them due to oversupply.

    Just look at any Fiat dealership and see how many new/pre reg's they have for immediate delivery.

    Wait a year or so for the flood of BSM 500's to hit the market.
    The man without a signature.
  • Of course the 500 is built in Poland along with Ka and Panda.

    Fiat closed a factory in Milan- hence why the new Alfa version of the Bravo isn't called the Milano as it would be disrespectful!

    I wouldn't say the price on the 500 is that much- compared with a Mini for example.

    Will values hold up? BSM having some won't help but I think they'll do better than most Peugeot/Fiats.

    Fiat tend to be on the game in recent years since the new man came in at the top and they started to make a lot of cash, so probably a similar situation will follow with others.
  • Inactive
    Inactive Posts: 14,509 Forumite
    Zazen999 wrote: »
    Yeah, but the 500 is bloomin lovely :D

    I think it looks like an upturned jelly mould.

    Grossly over priced gimmick.
  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    OK lets start the banter.........

    Better looking than any Ford or Vauxhall though.......:D
  • Inactive
    Inactive Posts: 14,509 Forumite
    Hintza wrote: »
    OK lets start the banter.........

    Better looking than any Ford or Vauxhall though.......:D

    C'mon Hintza, you of all people know that you can buy a Panda for far less money and it is a far better car.

    That is of course if you really must buy a Fiat.:D
  • Zazen999
    Zazen999 Posts: 6,183 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Inactive wrote: »
    I think it looks like an upturned jelly mould.

    Grossly over priced gimmick.
    Anihilator wrote: »
    Maybe so but its a good thing there is so many cheap pre reg's on the go because the new price is scandalous for what it is.

    One day - something nice is gonna happen to you two - goodness knows how you will cope.
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