The Fiat Punto is likely to be reinvented as part of the Fiat Panda family, due to increased competition in the supermini sector.
The Punto’s future has been uncertain for some time. Europe’s average supermini price of about £8000 has made it uneconomical to continue production in its current form when the model is replaced.
As a result, Fiat’s head of global design, Lorenzo Ramaciotti, has hinted that a more radical rethink is likely.
“At present, the only valid reason for having the Punto is market share,” he said. “To produce an all-new car when you can’t be sure you’ll get the revenues back is a very tough decision to make.
“It may be that we have to think differently and create a vehicle that’s in line with our price expectations.”
