It's certainly an interesting development as Fiat India has a lot riding on the new Palio. The Punto and Linea have given them meaningful volumes and helped fix the tarnished image left behind by the pre-facelift Palio.
Fiat will position the Novo Palio under the Punto. Fiat's excellent Multi-jet diesel engine will feature on the Novo Palio. The 1.0-liter Multiair petrol will take care of duties on the basic model.
Coming to the prices, Fiat could look at a 3.3-lakh rupee starting price for the Novo Palio range. We're at least a year away from the local launch (Auto Expo in January 2012?) and more details are expected in the months to follow, especially with the overseas launch nearing.
Source - revistaautoesporte.globo.com
Image Sourece - autossegredos.com.br