The third-generation Fiat Punto has been around for nearly a decade but a new report is indicating its successor will be launched in 2016.

The third-generation Fiat Punto has been around for nearly a decade but a new report is indicating its successor will be launched in 2016.

According to Automotive News, the Punto will be replaced by a new model that could be called the 500 Plus. Little else is known about the car but it will reportedly be offered exclusively as a five-door hatchback that is longer and wider than the standard 500.

The Punto replacement is expected to be built in Tychy, Poland and the company is reportedly planning to produce 180,000 units annually.

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