Tuesday, February 9, 2010

Fiat 500 Production Starts Soon


TOLUCA, Mexico, Feb 8 (Reuters) - Mexico could produce up to 130,000 Fiat 500s a year, seen as key to the recovery of Chrysler in the United States, with a $550 million investment, Fiat Chief Executive Sergio Marchionne said on Monday.

A Chrysler plant outside Mexico City will begin assembling the 500 by December for sale in U.S. and Latin American showrooms, said Marchionne, the head of Fiat SpA (FIA.MI), who also heads Chrysler....More
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