Fiat Group Lowers 2012 Sales Estimate by Half a Million Units

A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointment”. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne.

The reason is that the Italian group has lowered its 2012 sales forecast of 2.7 million units by a substantial amount; the new target for next year is 2.2 million, 500,000 units short of the original estimate presented in the group's 5-year plan.

The good news is that its partner, Chrysler, is expected to hit its 2.4-million sales target. Adding up the numbers brings the Fiat-Chrysler combined sales projection for 2012 to 4.6 million units.

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Ferrari Designer Called Upon by Fiat to Create a Common Styling for Chrysler and Lancia

Platform sharing is nothing new in the automotive world. Everyone does it as it enables companies to reduce development costs across the board. For example, if it weren’t for the VW Touareg, Porsche probably wouldn’t have the means to develop the model that effectively made it a cash cow: the Cayenne.

And truth to be said, most of the times, your average buyer doesn't know what's hiding under the sheetmetal nor if the vehicle in question is identical in many ways to a model bearing a different badge, because what he or she sees and feels are indeed different.

The trouble starts when carmakers engage in blatant badge engineering, simply placing a different grille and a new logo on the steering wheel and calling it something else.

And that's where the problem lies for Fiat and Chrysler. The automotive alliance recently revealed a trio of Lancia models in Europe: the Thema sedan, Flavia Cabrio and the Voyager MPV, which are nothing more than rebadged versions of the Chrysler 300, 200 Convertible and Town & Country respectively.

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Lancia Targets the Younger, Male Audience with New Ypsilon Black&Red

Remember the times when Lancia targeted the younger end of the male audience with cars like the beautifully penned Flavia Coupe and the rally-born Delta HF Integrale series? Sadly, those days are finito.

Nowadays, the Italian company is trying to reach out to the same demographic with trim models like the new Ypsilon Black&Red that will make its debut at next month's 2011 Bologna Motor Show.

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VIDEO: Michael Stoschek Takes his New Lancia Stratos out for Racing

Unlike many other exotic supercar owners, Michael Stroshek isn’t keen on letting his pride and joy pass its time as a fancy museum piece in a parking lot. The German owner of the much talked about one-off Lancia Stratos wants to enjoy his latest toy where it counts the most: on the race track.

In these latest videos, we see Stroshek taking the Pininfarina-built and Ferrari 430 Scuderia-based Stratos out for racing at the Circuit Spa Francorchamps in Belgium and at the Sachsen Rallyce 2011 in Germany. Hop the jump to see the 540-horsepower Stratos in action for yourself.

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Lancia Releases More than 70 New Photos of the 2012 Ypsilon

In typical Fiat Group fashion, despite the fact that the new Lancia Ypsilon received its world premiere at the Geneva Motor Show close to three months ago, the company waited until today to release a full gallery of pictures. There are more than 70 photographs showing the Italian supermini mostly in its natural habitat, the city. Along with the new images, Lancia also offered new information on its entry-level model, which will be launched from June in major European markets and from September in the United Kingdom and Ireland, where it will wear the Chrysler logo. Read more »

Bertone Auctions Off Some of its Most Recognizable Concepts to Avoid Insolvency

Here lies Bertone, the famed Italian automotive design house, bankrupt and on almost on the verge of death. The once legendary company was forced to sell its most prized possessions – six concept cars – to appease the bankruptcy commission and also to remain afloat. RM Auctions of London handle the sale at this past weekend’s Concorso d’Eleganza Villa d’Este 2011.

So what delectable concepts were the vultures able to get their beaks into? Well, there’s the 1967 Lamborghini Marzal that once graced the Monaco Grand Prix and is often cited as the inspiration for the Espada of the following year.

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Fiat’s 0.9-Liter TwinAir Scoops the “International Engine of the Year 2011” Award

And the big winner of the 2011 edition of the coveted International Engine of the Year is…Fiat’s 0.9-liter twin-cylinder gasoline engine also known simply as the TwinAir. A jury comprised of 76 journalists and industry experts from 36 different countries were convinced by the 875 cc unit's low emissions, high fuel economy and impressive output for its size, awarding it four awards: “Best New Engine 2011”, “Best Green Engine 2011”, “Best Sub 1-Liter Engine” and the “International Engine of the Year 2011” overall award. Read more »

Research Firms Says Chrysler May Build Lancia Thesis Replacement and Challenger-Based Alfa Romeo in Canada

After last week's [official] announcement that the Fiat Group will drop the Chrysler nameplate in Europe as its models will be rebadged integrated into the Lancia brand, a forecasting firm now says that the automaker will begin building Lancias and possibly Alfa Romeos at its Brampton plant in Canada beginning from 2012.

U.S.-based industry research company AutomotiveCompass said that Chrysler will produce a Lancia Thesis replacement based on the soon-to-revealed 2011 300 sedan, which will continue to make use of the previous generation Mercedes architecture .

Doug Shepard, forecasting manager for the research firm said that the Lancia version of the redesigned Chrysler 300 won't differ radically in appearance from the American sedan.

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Fiat Starts Combining Lancia and Chrysler Networks in Europe

In the continuing process of reorganizing Chrysler and Lancia, Fiat will be working to combine both brands' dealership and supply networks throughout Europe.

The combined-dealerships will be known as Lancia throughout mainland Europe and Chrysler in the UK. The reason for that is Chrysler is currently established in the UK, while Lancia is not.

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Official Lancia Coupe and Ypsilon Designs from Centro Stile

Here are some conceptual drawings of Lancia models including a couple of unnamed coupes and proposals for a five-door replacement for the Ypsilon supermini found on the Italian automakers' official website.

The various drawings, which are posted alongside photos of older concepts that we've already seen at major car shows like the Fulvia Coupe and Granturismo Stilnovo, are projects designed in-house at the Fiat Group's Centro Stile. You can check them out in our gallery after the jump.

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