GENEVA –Motor Corp. is building its European sales growth on three vehicles, the third of which is unveiled here at this year's Geneva auto show.
The SX4 small cross/utility vehicle joins the Swift and redesigned Grand Vitara as cornerstones of the auto maker's bid to record full-year unit sales of 320,000 by 2007, and 2.6 million global sales by 2010.
The auto maker expects to reach the 310,000-unit mark in Europe this year, a 16% jump from 2005's total of 267,000.
If successful, (See related story: Fiat Unveils First SUVs)likely will credit the SX4, which makes its world debut here. The company is planning to build 40,000 SX4s at its plant in Magyar, Hungary, which also assembles the new Sedici cross/utility vehicle. The two vehicles share the same platform
Unlike the Sedici, the SX4 will be available outside of Europe, including Asia.
Powered by a 1.9L intercooled, turbocharged, direct-injection engine that makes 118 hp and 207 lb.-ft. (280 Nm) of torque at 2,000 rpm. The vehicle also includes all-wheel drive, optional electronic stability control and standard equipment that includes antilock brakes with electronic brake-force distribution.
Meanwhile, Suzuki andAuto SpA announce today they have signed a letter of intent to share diesel-engine technology. The letter commits the auto makers to explore how Suzuki might build Fiat 2.0L JTD Multijet diesel engines in Asia under license from Fiat.
Production would commence in 2010, with annual output estimated at 100,000 units. The engines would power Suzuki products in various global markets.