Fiat may close 2 Italian plants if plans to export to U.S. won’t materialize
Fiat may have to shut down two facilities in Italy due to the weak auto demand in Europe if the plans for exporting to the United States market do not materialize, according to CEO Sergio... Read more
Fiat will start test production of new models in Serbia in the second half of 2011
Test production of Fiat S.p.A.'s new models will begin in Serbia in the second half of 2011, according to a Serbian Economy Ministry official. This phase out the Punto, which is available... Read more
Fiat completes initial investment for the joint venture with Serbia
Fiat S.p.A. has completed its initial investment for the joint venture with Serbia by paying a 100 million euro ($143.9 million) payment on Tuesday. The payment of 2 million euros earlier... Read more
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