Jump to content
Sign in to follow this  
NINETY EIGHT REGENCY

Fiat plans to build new model in Serbia

Recommended Posts

Fiat plans to build new model in Serbia

September 13, 2010 12:32 CET

BELGRADE (Bloomberg) -- Fiat S.p.A. will expand its Serbian investment over the next two years with plans to produce another vehicle in the Balkan country that should debut at the Geneva auto show in 2012, the Novosti newspaper reported, citing Deputy Prime Minister Mladjan Dinkic.

The new vehicle will seat as many as seven passengers and will be produced along with the Punto subcompact already assembled at the plant in Kragujevac in central Serbia, the newspaper said.

The expansion will bring Fiat investment to 944 million euros ($1.2 billion) from around 800 million euros previously, Dinkic was quoted as saying.

The government, which set up Fiat Srbija as a joint venture with the Italian carmaker two years ago, will also support expansion with own investment in infrastructure, Dinkic said, according to Novosti.

Read more: http://www.autonews.com/apps/pbcs.dll/article?AID=/20100913/ANE/100919974/1198#ixzz0zQ8wctIX

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Who's Online   0 Members, 0 Anonymous, 42 Guests (See full list)

    There are no registered users currently online



About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.