One of Italy's most iconic carmakers, Lancia was founded back in 1906. The company became part of the Fiat Group in 1969 and was reorganized as Lancia Automobiles S.p.A. in 2007. Since 2014, Lancia is part of the Fiat Chrysler Automobiles (FCA) company. Lancia produced several iconic cars throughout the years, starting with the Aurelia, which introduced the now common front engine rear transmission configuration. Other iconic models include the Delta, Fulvia, Stratos, and Thema. Lancia was also a successful manufacturer of racing cars. The company design a few Formula One cars before the team was transferred to Scuderia Ferrari in the mid-1950s, while cars like the Fulvia, Stratos, 037, and Delta helped the Italians win ten constructors championships in the WRC. Lancia also won various competitions in sports car racing in the early 1980s. Sadly, the brand fell apart in the 2000s, and its lineup became a collection of rebranded Fiat and Chrysler models. As of 2019, Lancia offers just one car, the Ypsilon. The Italian brand retains dealerships in only 14 European countries as of 2019.

What is the Lancia Ypsilon?

Launched in 1995, the Ypsilon is a subcompact hatchback, also known as a supermini in certain markets. The third-generation model is on the market since 2011, and it’s a rebodied Fiat 500.The small hatchback is available with a variety of options and packages in Lancia’s attempt to promote it as a fashion car similar to the Fiat 500 or the Mini Cooper. The engine lineup includes only two four-cylinder units. The gasoline 1.2-liter generates 68 horsepower, while the 1.3-liter diesel cranks out 94 horsepower. The Ypsilon is likely the final model of the Lancia brand, which could be axed in a few years.

Are Lancia Cars Reliable?

Lancia doesn’t enjoy a very good reputation when it comes to reliability. Cars made in the 1980s and 1990s are notorious for their rust problems, and many nameplates had severe electrical issues as well. Things got better in the 2000s, but Lancia never recovered as a brand. The Italian firm has been ignored for so long by its parent group that it hasn’t even been included in most reliability surveys over the last decade. The Ypsilon doesn’t suffer from many issues, though. The small hatchback is, after all, based on the Fiat 500, which is a fairly reliable vehicle.