The World Bank's lending arm will lend a key Fiat supplier in Serbia 20 million euros ($26 million) to help revive the Balkan's country's automotive industry.
Fiat is ramping up production at the former Zastava Automobili factory in Kragujevac, central Serbia. The plant built the Yugo small car when the country was under Communist rule.
Fiat currently builds the Punto subcompact at the factory and will begin production of the 500L there this month.
Sales of the 500L, a longer version of Fiat's retro-styled 500 minicar, will begin in the fourth quarter in Europe. It will replace the current Idea and Multipla models in Fiat's lineup. The 500L will also be exported to the United States starting early next year.
Read more: http://www.autonews.com/article/20120413/ANE/304129957#ixzz1s8nZ5
Maybe we should export Dodge darts to Serbia.
Fiat is ramping up production at the former Zastava Automobili factory in Kragujevac, central Serbia. The plant built the Yugo small car when the country was under Communist rule.
Fiat currently builds the Punto subcompact at the factory and will begin production of the 500L there this month.
Sales of the 500L, a longer version of Fiat's retro-styled 500 minicar, will begin in the fourth quarter in Europe. It will replace the current Idea and Multipla models in Fiat's lineup. The 500L will also be exported to the United States starting early next year.
Read more: http://www.autonews.com/article/20120413/ANE/304129957#ixzz1s8nZ5
Maybe we should export Dodge darts to Serbia.
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