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New 2018 Fiat 500 is Even More Fun to Drive

The new 2018 Fiat 500 now comes turbocharged, making it the most powerful car in its class. All the details here.

Fiat 500X All-Wheel-Drive System-Explored

A look at the 500X's All-Wheel-Drive system and how it stacks up to the competition

2018 Fiat 124 Spider Model Changes

What's new for the 2018 Fiat 124 Spider.

The Roomy Fiat 500L

The Fiat 500L has the room of a full-sized car within its subcompact dimensions. Learn more about this versatile car

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All you need to know about Alfa Romeo

Abarth 695 Series

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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

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