Print
YM
E-mail
Mai mare|Mai mic

Fiat in deal with Zastava to build low-cost cars in Serbia

de V.O.     HotNews.ro
Miercuri, 30 aprilie 2008, 18:31 English | Regional Europe

Fiat will build a mini-class car and other low-cost cars at the Zastava factory in Serbia after the Italian company signed a memorandum of understanding with the Belgrade authorities to take over the plant and establish a new joint company with a majority stake for Fiat, Automotive News reports.

Starting 2010, the factory will become a production center in Central and Eastern Europe for a new family of Fiat low cost cars included in the "B compact" program.

Fiat announced the new company would invest 700 million euro in modernizing the Kragujevac-based Zastava plant. Serbian authorities will contribute 200 million euro consisting in tax exemptions and state assistance.

Fiat may reach a production capacity of 200,000 units yearly in Serbia by the end of 2009. The first new model to be produced there will be a mini car nicknamed Topolino, after the name of the famous car launched by Fiat in 1936, according to Automotive News.
























79 vizualizari


ESRI



Hotnews
Agenţii de ştiri

Siteul Hotnews.ro foloseste cookie-uri. Cookie-urile ne ajută să imbunatatim serviciile noastre. Mai multe detalii, aici.
hosted by
powered by
developed by
mobile version
Miercuri