Next generation Fiat Panda due in 2011

Fiat will launch a redesigned Panda in 2011, after CEO Sergio Marchionne lifted a 15 month spending freeze. Marchionne’s spending freeze ran from October 2008 to December 2009 and saw the delay of the new Panda, Alfa Romeo Giulietta and a replacement for the Lancia Ypsilon. In a telephone conference with financial analysts, Marchionne said launching any major new models last year in the middle of