I don't believe some of the nonsense people are spouting here.
It was not intended as a Ferrari. It was originally envisioned as an inexpensive, quick, sports car but the only way the GM brass would OK the project was as a commuter car.
The original name was to be the Pegasus (the logo is a winged horse) but someone in marketing decided that the appearance of the car was Italian and that it should have an Italian name. Fiero mean wild.
In order to keep the costs down, it was decided to make the car from the "parts bin".
The engines were used in many GM cars from the era. The commuter philosophy was the reason for only the small engine being offered at first. The V6 was offered as a higher performance version later but was in the original philosophy.
Extitude:
The dash is not from the chevette. a quick glance will prove that wrong.
Dealers don't have different rates for different models. Some dealers don't like or encourage work on the Fiero because a few parts are different and the car looks really different than anything they are used to working on.
The other major parts pulled from the parts bin were the suspension.
The engine cradle and rear suspension includes parts from the X cars (Pontiac Phoenix, Chevy Citation) front suspension. That finally disappeared in the suspension redesign in 1988. You can find the steering knuckles from the X car front suspension in the 84-87 Fieros.
The front suspension used parts from the Chevette front suspension.
bracken46:
GM has bought Ferraris but for comparison with the Corvette, not the Fiero. I have known a person with a yellow (yes, not red) Ferrari 308 where the paperwork indicated the original purchaser as General Motors and an Bowling Green Kentucky (home of the Corvette plant) address.