Fiat used to be one of the go-to options for Americans looking for a compact, yet chic car. But for reasons unknown, somehow Fiat has managed to drop off that same go-to list. At least that’s what the company financial reports show. Fiat’s recent year poor performance in the U.S. market has resulted in the Italian automotive company announcing it would be pulling out in reverse through many parts in the U.S.
Of course, Fiat will continue to sell strong in Europe, so it’s not likely the company will go chapter 11 anytime soon. But in the States, with trends swaying towards larger, more practical cars like SUVs, Fiat will have to pull out a miracle to compete with its many mighty competitors.