Fiat to launch less expensive version of Stilo

Newswire

MILAN, July 29 (Reuters) - Struggling Italian carmaker Fiat said on Monday it would introduce a cheaper version of its new mid-size Stilo car but that it would keep the model, once hailed as Fiat's turnaround hope, profitable. In a conference call with analysts, Fiat Auto Chief Executive Giancarlo Boschetti said the new, fewer-frills Stilo would be launched in October -- about the same time as a station wagon version -- and would cost 13,500-14,000 euros. The cheaper Stilo would have an ...

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