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The original joint venture agreement between Serbia and Fiat expired on 31 December 2018, [23] but got renewed. In 2018, FCA Srbija was Serbia's second largest (gross) exporter, at €714.1 — behind HBIS Group, owner of Smederevo Ironworks. [24] In 2021, following FCA merger into Stellantis, the Serbian company has been renamed Fiat Serbia. [c]
Until 2013, Telekom Srbija had a monopoly on fixed telephony services. When the new regulation came in force, competition became allowed in this field as well, and other operators entered the market, using alternative communication infrastructure: Orion Telekom – over CDMA
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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).
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]
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 [58] In May 2019, Fiat Chrysler proposed merging its business with Renault [59] but it was later withdrawn.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]
Fiat S.p.A., or Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin), was an Italian holding company whose original and core activities were in the automotive industry, and that was succeeded by Fiat Chrysler Automobiles NV (FCA).
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