Fiat slashes prices of Mobi hatch and Fastback Hybrid in Brazil

Fiat announced a price reduction for the Mobi Like 2026 hatch, lowering the listed price by R$12,700 to R$72,790. The promotion runs from July 3 to August 4, is limited to 50 units and is available to private buyers, with a financing option that requires a R$50,743 down‑payment and 24 monthly installments at 0% interest, bringing the total payment to about R$76,871.

In the same promotion period, Fiat also cut the price of its Fastback Hybrid SUV by R$38,500, reducing the price from R$173,490 to R$134,990. The discount, the largest the brand has applied to the model, comes as Chinese‑made compact SUVs enter the Brazilian market at around R$150,000, forcing traditional manufacturers to adjust pricing. The Fastback Hybrid retains its 1.0‑liter turbo engine, lightweight hybrid system and CVT transmission, but optional equipment such as a sunroof and advanced safety features remain extra.