Posts Tagged ‘Fiat’
Fait, Chrysler announces the investment of $1.3 billion in the Turin plant for its Alfa Romeo
Fiat is the largest car owner of Italy and Chrysler which is the US subsidiary of it and owns a stake of 20% in it, has announced that there will be an investment
as huge as $1.3 billion in order to make cars and sports cars. The first one to be rolled out is the Alfa Romeo Jeep. This will take place in Turin in Italy where Fiat has a large workshop.
This will enable a joint venture in the ability to bring on a production for cars and SUVs that have a market in the US but are manufactured elsewhere. The investment of $1.3 billion which has been chalked out for this is going to be divided equally amongst both the car manufacturers that is Fiat and Chrysler. The initial plan is to make about 280,000 cars. These cars are going to be sold locally in Italy, in the whole of Europe and the North American market as well.
Fiat 500C Will Debut In Detroit Next Month!
Now that Christmas is over – I can tell you that people are gearing right up for the Detroit Auto Show next month and I can tell you that it is going to be absolutely beautiful and a ton of different cars are going to be there. One car that I am particularly excited about is the Fiat 500C.
This car is a car that I have not only been waiting to see but it is a car that looks awesome! The small, compact feature of it is truly something that fits right in where the future is going in the way of cars.
Personally – I think that the Fiat 500C is going to be the highlight at the Detroit Auto Show and I can’t wait to see it up close and personal!