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In April 2008, Fiat reached an agreement to purchase the damaged Kragujevac plant, completing a joint venture with the Republic of Serbia that same year and renaming the company Fiat Automobili Srbija (FAS). [a] Fiat pledged €700 million in return for a 67 percent stake in the company (then owned by the state) and an additional €100 million ...
Fiat 1400 was Zastava's first assembled automobile, but Fića Zastava's licence built version of Fiat 600 is its iconic historical brand. 923,487 of Zastava 750 were produced over a span of 30 years, [5] with several different engines and in various equipment levels, from 18 October 1955 to 18 November 1985.
In 2008, FIAT entered a joint venture (JV) with the Republic of Serbia, creating what would become known as FCA Srbija. The JV extensively renovated and remodeled the former headquarters facility and assembly plant of Zastava Automobiles, and now manufactures the Fiat 500L, [11] [12] with an annual capacity of 85,000 cars (as of 2016). [13]
In February 2019, Fiat Chrysler announced plans to invest $4.5 billion in manufacturing in Michigan. [57] The plant is estimated to create nearly 6,500 jobs. Plans include $1.6 billion to build a Jeep factory in Detroit. [58] In May 2019, Fiat Chrysler proposed merging its business with Renault [59] but it was later withdrawn. [60]
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Fiat Automobiles S.p.A. (UK: / ˈ f iː ə t,-æ t / FEE-ət, -at, US: /-ɑː t /-aht, Italian:; originally FIAT, Italian: Fabbrica Italiana Automobili di Torino; lit. ' Italian Automobiles Factory of Turin ') is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary of Stellantis through its Italian division Stellantis Europe.
Fiat Industrial Vehicles (Fiat Veicoli Industriali) was Fiat's truck and bus division. It was created in 1903 with the launch of the 24HP model. By 1908 the company produced around 120 trucks, and by the end of 1918 production had grown to 17,000.
The Yugoslav automaker Zastava, which was extensively cooperating with Fiat, also assembled the 1300 and 1500, branding them as Zastava 1300 and Zastava 1500, respectively. Zastava went on to produce the 1300 by itself when Fiat in 1967 stopped production. During the seventies better equipment was added and models named DeLuxe and 1300E.