Fiat released first teaser of new Cronos sedan based on Argo hatchback ahead of the January debut. Like most of the sedan model derived from hatchback, Cronos shared most of the design cues from Argo. The front headlamp, grill and bumper is shared from Argo hatchback. The side profile from rear door to rear is completely new. The interior is also expected to be shared from Argo. Fiat Cronos is powered by 1.3 L petrol engine producing 109 HP mated to 5 speed manual gearbox and 1.8 L flexi-fuel engine producing 139 HP mated to 6 speed automatic gearbox. Fiat Cronos is going to compete against recently revealed Volkswagen Virtus, Hyundai Verna and Honda City in Brazilian market.