The Fiat FreakOut is the largest Fiat event of the year. Make plans now so you don't miss it!
The Fiat 500X has an advanced All-Wheel-Drive system. See how it outperforms the competition.
A look at how the new Fiat 124 Spider stacks up against the original
Within its compact dimensions, the Fiat 500L has the room of a full-sized car. See how Fiat did it and the concept and goals of the design team
FIAT 500, FIAT 500L, Fiat 500X AND FIAT 500 ABARTH SPECS
Tuesday, February 9, 2010
Fiat investing $550 million in Chrysler's Toluca plant...
Anyone that has followed this blog already knows that Fiat will build the 500 at the Chrysler plant in Toluca, Mexico. What is news is the amount Fiat will invest in the plant. President Felipe Calderon, President of Mexico, confirmed Monday that Fiat will invest $550 million, creating more than 400 jobs and 1200 indirect jobs.
Production of the Fiat 500 will begin in December of this year with an ideal capacity of 130,000 vehicles being possible. The initial production figure is predicted in the 100,000 range, being split evenly between the US and Latin American markets.
Ten months to get the tooling together, set up the factory, find suppliers, train employees, etc. All i can say is...WOW!
Photo courtesy of Fiat Group Press