Nanjing Fiat has announced it will drop prices from Thursday, the second anniversary of the launch of the Fiat Palio on the Chinese market.

The prices of three models, the Palio, Siena, and Palio Weekend have been cut by an average of 10,000 yuan or around US$1,220 .

The Palio Weekend is discounted by the largest amount, down 21,000 yuan or US$2,680.

(CRI March 18, 2004)