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Stellantis will bring the electric Fiat Topolino to the U.S., a slow quadricycle with sub-50-mile range, despite America’s weak demand for tiny cars. The company says the move predates Trump’s Kei-car push, as Fiat’s U.S. sales have collapsed in recent years.

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00:00It's Benzinga, bringing Wall Street to Main Street
00:02Stellantis said Fiat will offer the all-electric Topolino in the U.S., with details expected
00:07next year, according to CNBC. The announcement followed a White House meeting where Trump
00:12praised Japan's small-k cars and directed Transportation Secretary Sean Duffy to allow
00:17similar vehicles to be built and driven in the U.S. Stellantis said the move was unrelated
00:22to Trump's comments, and noted it has been gauging interest at U.S. events.
00:26The Morocco-built quadricycle has a top speed of about 28 miles per hour and a driving
00:31range of under 50 miles. Small cars have struggled in the U.S. market, while Fiat's U.S. sales
00:37have fallen from 43,772 in 2012 to about 1,500 last year.
00:44For all things money, visit Benzinga.com.
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