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Lancia is planning to build its range up to five models, adding a coupé and an SUV by 2012 as part of a bid to restore annual sales volume to around 300,000 cars a year from today’s 120,000.
The plan is being overseen by brand boss Olivier François but has yet to be fully approved by Fiat Group chief Sergio Marchionne.
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Isn't the Ypsilon based on the punto already, so there seems little space for another model there.

Lancia should be basing their model range on the lower end Mercs plus Ypsilon

So,

Ypsilon 5 door hatch (Grande Punto base)

Delta 5 door hatch (bravo base) A-class

New 'Lybra' 4 door saloon + est (Bravo Plus base)   C-Class

Thesis saloon + estate (New 169 base)       E-class

Fulvia  2 door 2 seat coupe (Grande Punto Base)  new SLA

Flamina     2 door 2 seat roadster coupe SLK   (Bravo plus base)

New 4 seat copue/conv.   (thesis base)   CLK

SUV     (bravo base same as 149 SUV)   New GLB

SUV (based on LR Freelander) GLK

This model range would allow Alfa to move further into the sports GT end and create a 'Ferrari for the masses'

Their model range would be

Mito 3 dr hatch   A1

149 5dr hatch plus coupe version A3

159 4dr saloon, 2 dr coupe, 5 dr est.   A4

169 4dr saloon, 5 dr est, 2 dr coupe         A6  

Spider (Based on Bravo base) competitor TT

6C     Audi R4 (Mid-engined on Lotus elise similar to Arbarth coupe)

8C    Audi R8

 Maserati could compete with top end GT

Quattroporte 4 dr saloon    A8

Coupe        2 dr coupe/spider