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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 ...
A new company was named Fiat Automobili Srbija. The new company would make a total investment in the region of 700 million euros, with the government contributing 200 million euros to this. The Zastava plant would produce two new Fiat models, rejecting previous reports the plant could produce the 500 compact city car. [20]
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]
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The 500L Adventurer is a version of 5-seat Fiat 500L with bright white body colour, with Mopar roof rails and a roof basket, and many other accessories from the Mopar range. The 500L Thalassa is based on the Fiat 500 Beach Cruiser from 2012, with bright orange body work and 18" orange wheels and other Mopar accessories. [66]
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.
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 [58] In May 2019, Fiat Chrysler proposed merging its business with Renault [59] but it was later withdrawn.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]
The Fiat Grande Panda is a subcompact/supermini produced by Fiat since 2024. It is based on the Smart Car platform shared with the fourth-generation Citroën C3 and Opel Frontera, and will be available as a petrol mild hybrid or as a battery electric vehicle. The Grande Panda will be sold alongside the third-generation Panda, which will ...