According to a recent report, Chrysler has axed plans to offer to Fiat-based models in the United States

If you were holding out hope for an entry-level Chrysler, you'd better keep dreaming as a new report is indicating the company has axed two Fiat-based models.

Details are limited, but Chrysler President Olivier Francois told Car and Driver the company has decided against launching a rebadged version of the Lancia Ypsilon. According to Francois, the car would be too similar to the Fiat 500 so offering it didn't make sense.

Additionally, an entry-level sedan - based on the the Alfa Romeo Giulietta - was in the works but it now appears this vehicle will be exclusive to Dodge.