Fiat 500 sales slow bring plant layoffs in U.S.

Chrysler Group has suspended production this month of the 1.4-liter FIRE engine that powers the Fiat 500 in North America because of slow U.S. sales of the subcompact.

The Fiat 500 sales vehicle’s strongest U.S. markets so far are in California and the Southeast, according to initial sales figures, while the weakest regional markets are in the Midwest.

Fiat-Chrysler CEO Sergio said Marchionne had initially predicted annual sales of the Fiat 500 in North America of 50,000 units, Fiat sold just 15,826 units of the 500 in the United States.

Popularity: 2% [?]

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