The car’s development reportedly has been sped up under the project codenamed X3C. Mules seen undergoing testing around the FCA plant in Belo Horizonte suggest the new model will make do with the platform from the first-generation Panda.
It’s unclear whether the two officials were taking advantage of the drop in share price since Fiat Chrysler Automobiles unveiled its 5-year strategy on Tuesday or if it was an attempt to prop up the stock’s value.
Half the budget is reserved for fleet customers and business use. Another 35% is to support individual sales of cars with carbon-dioxide emissions of 95 g/km or less. The final 15% is pegged for vehicles with CO2 ratings of 50 g/km or less.
Volvo calls its technology application Autopilot to suggest the driver will be able to relinquish control of the vehicle. Designers and engineers envision a car of the future that operates like an aircraft.
Although officials won’t say the concept will be built, it is a safe bet that at least elements of the design will make it on a production car by 2018, likely as BMW’s answer to Mercedes’ upcoming top-of-the-line Maybach S-Class.
Cost is an additional €145,000 on top of the price of the Cayman, a sum that pays in part for the exclusive Studiotorino fuel cap on the hood and a new front bumper made of top-quality carbon-fiber/Kevlar with three new grilles and daytime running lights.
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