Fiat Idea was launched in 2003 in Italy and was first used for second-generation Fiat Punto. The new and exciting feature in Fiat Idea is the availability of sliding and folding rear seats. The engines installed in Fiat Idea are Euro 4 compliant with a petrol engine of 1.4 liter capacity. It also had a six-speed gearbox. The Brazilian version of Fiat Idea was launched in 2005 and it contained a fire engine, the same as in Grande Punto. The most useful feature is that flexible fuel technology has been used in Fiat idea so that the driver has the freedom to use either gasoline or ethanol. The Brazilian version has comparatively longer wheelbase and ride height than the European version. More than 170,000 units of this version has been sold in Brazil since 2005.
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