"We fully intend to replace the Ka with a similarly iconic model," said John Fleming, Ford of Europe President and CEO. "This vehicle will retain the fundamental character of the original and embody key elements of our new 'kinetic' design language." Styling for the Ka replacement will be led by Ford of Europe Executive Design Director Martin Smith.
"The strategic cooperative agreement with Ford represents another milestone in our strategy that calls for targeted alliances aimed at sharing financial and industrial resources on new products and platforms," said Sergio Marchionne, CEO of Fiat Group and Fiat Auto. "It is consistent with successful ventures, established with major partners including PSA Peugeot Citroën and Suzuki, and current discussions with the Indian group Tata Motors."
The new products will come to market in the 2007-08 period. The projected annual volume will be around 240,000 units, divided evenly.