Fiat’s is determined to capitalize on the momentum by planning to introduce several derivatives of the recently introduced New 500. The Italian firm has already announced that it will unveil an Abarth performance version equipped with a 1.4-litre Turbo engine at the Tokyo Show in October and a convertible in 2008 (most probably in Geneva, March). Now, Fiat is considering whether it should plan a full-head attack by developing two more variants, an SUV/Crossover obviously based on the Panda 4×4 mechanics and a Station Wagon (pic above).

“By the end of the year, we expect to decide on the New 500 Station Wagon and SUV,” a Fiat executive told Automotive News Europe under condition of anonymity. From the looks of things, Fiat is pretty darn serious about it as they showed the Station Wagon version in a video during the New 500’s media introduction last week. In the clip, Fiat 500’s designer Roberto Giolito displayed the station wagon version, giving journalists a taste of what they should expect if plans go ahead. Sounds like Fiat Group’s CEO Sergio Marchionne has learned his lesson well from BMW’s MINI renaissance. Now if he could just find a way to get the 500 into the North American market…

Via: ANE