Fiat 500e Not Heading to Europe
The Fiat 500e, which is making its debut at the 2012 LA Auto Show this week, will not be heading to Europe according to the automaker’s global brand head.
Launching in California in the second quarter of 2013, the Fiat 500e is an electric car variant of the Italian automaker’s compact car and sports a range of around 100 miles and is expected to sport a price tag under $35,000.
SEE ALSO: Fiat 500e Photos Revealed: 2012 LA Auto Show Preview
According to Fiat- Chrysler CEO Sergio Marchionne, the automaker will lose between $8,000 to $10,000 on each Fiat 500e sold, but is launching the vehicle to meet regulatory demands in some U.S. states to promote sales of zero emissions.
[Source: Automotive News]
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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