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Fiat will launch a redesigned <="http://url/2009/09/new-car-2010-fiat-panda.html">Panda in 2011, after CEO Sergio Marchionne lifted a 15 month spending freeze. Marchionne’s spending freeze ran from October 2008 to December 2009 and saw the delay of the new <="http://url/2009/09/new-car-2010-fiat-panda.html">Panda, Alfa Romeo Giulietta and a replacement for the Lancia Ypsilon. 
In a telephone conference with financial analysts, Marchionne said launching any major new models last year in the middle of the global financial downturn would have been a “waste”.
“That's the reason why I think we intelligently postponed a number of our programs to make sure that it coincided with what I consider to be a structural recovery in demand in 2011 and later years,” he said. Fiat’s investment in 2009 was 32% lower than 2008’s. In 2008, it stood at €4.97bn (£4.34bn) and will be €4.5bn (£3.93bn) this year.
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The Alfa Romeo Giulietta will be launched in Geneva next month – a year later than originally planned. The <="http://url/2009/09/new-car-2010-fiat-panda.html">Panda will be launched in 2011 – two years later than originally planned. 
Although information on the forthcoming <="http://url/2009/09/new-car-2010-fiat-panda.html">Panda is scares, it will underpin the current model – which has been on sale since 2003 and styling will be influenced by the current <="http://url/2009/10/fiat-500-launched-in-brazil-br.html">500 city-car, which itself is based on the <="http://url/2009/09/new-car-2010-fiat-panda.html">Panda.
Under the bonnet, we can expect a 65bhp naturally aspirated , 80bhp – 105bhp turbocharged, 0.9 litre two-cylinder MultiAir petrol engine to be used. On the diesel side, a 1.3 litre MultiJet engine producing 95bhp is expected to be lifted from the current <="http://url/2009/10/fiat-500-launched-in-brazil-br.html">500. In addition to the regular car, the 4x4 model is in the pipeline, alongside a sportier <="http://url/2009/09/new-car-2010-fiat-panda.html">Panda.
Marchionne has also revealed plans to extend Lancia’s European range by four models in 2011. Rebadged versions of Chrysler’s <="http://url/2008/06/chrysler-sebring-and-dodge-avenger.html">Sebring saloon and cabriolet, <="http://url/2006/04/2007-chrysler-300c-long-wheelbase.html">300C and Voyager will all be added to the Lancia range.
Next generation Fiat Panda due in 2011

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