Fiat CEO Olivier Francois has shed some light about the upcoming Aegea hatchback and wagon.

Fiat CEO Olivier Francois has shed some light about the upcoming Aegea hatchback and wagon.

The Linea is finally about to be replaced by Fiat's all-new Aegea compact sedan which is shaping up to be better in just about every way. It will be shortly followed by a Bravo-replacing hatchback and a wagon version which will act as a successor of the Stilo Multiwagon. Speaking to Automotive News Europe, Fiat brand CEO Olivier Francois said the hatchback and wagon are going to be "like Ikea, affordable but smart."

He describes the Aegea trio as being functional, but without featuring a lot of equipment that customers don't want to pay for. The plan is to offer well-built, practical and frugal compact cars at a fair price tag and all three are going to be manufactured in Turkey at the factory in Bursa.

Olivier Francois said that Fiat can't have a more cohesive global lineup, because they can't sell their Brazilian-spec models in Europe since these cars can't meet the more stringent and CO2 regulations. It's the same story the other way around as he believes Brazilians wouldn't want to pay more money for a Euro-spec car that comes with additional equipment.

Francois referred to Brazil because Fiat is the best-selling brand over there and it would be tricky to make changes in the lineup as bringing Euro-spec models with more kit would jack up the prices and the company could risk losing its leader status. Selling European cars in Brazil without raising the price tags accordingly would lower Fiat's profitability and obviously Francois doesn't want to do that. He went on to express his desire for a more global platform as this would reduce costs with R&D, but it's not possible at this moment.

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