Friday, December 13, 2024

Abarth gives up building cars because of taxes

Abarth has built the brand's last car with a combustion engine. Rising taxes are to blame.

Abarth, which has been modifying Fiat cars with internal combustion engines for decades, has decided to put it to rest.

Boosted already told that in February. But now there is a little more news in the matter.

In the future, if it survives, the brand will no longer build cars with powerful petrol engines.

The decision has been taken by the Abarth management due to rising taxes on cars with internal combustion engines in Europe, which make it less attractive for customers to own these corvettes as new.

Gaetano Thorel, who heads Fiat and Abarth in Europe, elaborated on the decision in an interview with Autocar .

READ ALSO: Toyota's rule is bad news for Kevin Magnussen's rival

He highlights that in Italy owners of a car that emits 180 g of COâ‚‚ per kilometre, annual fees of between 7,500 and 15,000 Danish kroner.

In comparison, there are no corresponding charges for electric cars, which, according to Thorel, also offer equivalent performance without significant compromises.

Against this background, Abarth has concluded that the future of the brand lies in electric cars. All future models from Abarth will therefore be fully electric. Although Fiat plans a hybrid version of its latest 500 model in 2026, Abarth will not develop a high-performance version of it.

Thorel explains that hybrids are considered technologically insufficient in relation to Abarth's ambitions. The small combustion engine that the hybrid model will be equipped with will not be able to perform enough to carry the brand's sporty image.

There are also no plans to develop an entirely new dedicated Abarth model. Instead, the brand will continue to build on existing Fiat models, as they have done historically.

After the launch of electric versions of the Fiat 500e and 600e, the next step is likely to be an electric model based on a larger Panda variant, which is expected to be introduced in 2027.

At the same time, Stellantis' director, Carlos Tavares, has made it clear that several of the group's less successful car brands have limited time to prove their worth.

Although he did not mention Abarth specifically, he has indicated that major decisions will be made on those brands within the next few years.

Meanwhile, brands such as Maserati and Lancia are guaranteed financial support until 2026, meaning drastic changes are unlikely to happen until 2027 at the earliest.

Read more exciting news from and about the world of motorsport right here!

Latest

Don't miss

Formula 1 team secretly sends pigs to replace Magnussen

He can stop by and say a 'proper' goodbye,...

Audi recalls flammable hybrid cars again

Audi must again recall several hybrid cars. There is...

EU: All speeds above 30 km/h are prohibited

It will both result in shorter journey times and...

Germany demands that all electric cars receive emergency assistance now

During a visit to Ford's factory in Cologne this...

Several EU countries are dropping state subsidies for electric cars

Motorists in an increasing number of EU countries now...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

It is stupid to ban gasoline cars, says FDM

88.5 percent of the Danish car fleet still consists of gasoline and diesel cars. Yet all the country's municipalities have been allowed to ban...

Volkswagen has built car number 180,000,000

Volkswagen has recently passed an incredible milestone. The German car brand has built car number 180,000,000 since its founding in 1937. Volkswagen has just...

Tesla is now worth more than all other car brands combined

Tesla's stock is worth more than $100 billion more than all other car brands in the world combined. Its value has skyrocketed since Trump's...

It has become 15,000 percent more expensive to charge an electric car

Here in Denmark, electricity is currently quite expensive. But that's nothing compared to the situation in Sweden, where it has become 15,000 percent more...

The photo van was with Ingrid – now she is being bombarded with rubbish

Ingrid Lorentzen said yes when the police asked if they could flash drivers from her entrance. Now she is bombarded with rubbish. Ingrid Lorentzen...

For bankruptcy – everything at Saab's factory has been put up for sale

NEVS, which bought the remains of Saab Automobile, is itself going bankrupt. So now all machines and fixtures at the factory in Trollhättan are...

Germany again says no to electric cars – sales fall

The Germans again say no thanks to cars with wires. Compared to November last year, sales of both electric and hybrid cars have declined....

The Motor Authority's mistake affects thousands of Danes

An inspection of documents obtained by the media Ingenioren reveals that thousands of Danish drivers have been affected by repeated errors at the Motor...

Formula 1 team secretly sends pigs to replace Magnussen

He can stop by and say a 'proper' goodbye, says Alpine about the team's former choirs and Kevin Magnussen's replacement who was fired for...

Driver acquitted – cruise control is blamed for fatal accident

A woman has been acquitted of responsibility in a fatal accident on Swedish roads. The court has chosen to blame the electric car's cruise...

The Toyota Urban Cruiser is the Japanese's next electric car

After the scandal-plagued bZ4x, the Japanese are trying another electric car. Toyota Urban Cruiser is the name of the newest car in the model...

Workshops will pay mechanics 1 million in annual salary

The competition for mechanics is so fierce at the moment that wages are exploding. A car dealer in Norway entices with a million kroner...
footer.txt Viser footer.txt.