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When FAS became a subsidiary of Fiat Chrysler Automobiles in 2014, the factory was renamed FCA Serbia (FCAS). [b] 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 ...
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).
Kragujevac has been an important industrial and trading centre of Serbia for more than two centuries, known for its automotive and firearms industries. The former state-owned Zastava Automobiles company was purchased by Fiat in 2008, and new company, FCA Srbija, was established. [46]
Three months later, Kragujevac began assembling the Fiat 1400, 1100 B and AR-55 Campagnola. 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 ...
FCA Srbija: Consumer goods Automobiles Kragujevac: 1953 Part of Fiat Chrysler Automobiles (UK) P A Flores: Consumer goods Distillers & vintners Kragujevac: 1985 Alcoholic beverages P A Forma Ideale: Consumer goods Furnishings Kragujevac: 1995 Furnishing manufacturer P A Frikom: Consumer goods Food products Belgrade: 1975 Frozen goods P A Futura ...
On 15 December 2014 the Fiat Group Automobiles S.p.A. subsidiary was renamed to FCA Italy S.p.A., and Chrysler Group LLC was renamed to FCA NA LLC, following the reorganization into FCA; the name changes were announced to the press the following day. [21] [22] Maserati and Ferrari were not put under the control of FCA Italy.
Exor, the Agnelli family company that was the largest shareholder of FCA, held the largest stake in Stellantis with 14.4%. [27] The merger agreements allowed the Peugeot family to increase its current 7.2% stake in Stellantis by up to an additional 1.5% by acquiring shares from France's state lender Bpifrance , from Dongfeng , or on the market.
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