New Fiat already mid-2011th

Belgrade, June, 03. 2010 (Serbia Today) – Fiat intends to accelerate the implementation of plans in Kragujevac; the trial production of the first new model in the former Zastava will begin in early July 2011. year. Serial production of Fiat's cars in Serbia will begin in the second half of the 2011, writes Danas. The Fiat's top management estimated that the new small Fiat's model, which will be manufactured in Kragujevac, would have a good pass in world markets. Also it is assumed that one reason could be weaker sales of Punto in the domestic market, which could not cover the production costs and salaries of 1,000 workers. More than 95 percent of cars produced in Kragujevac will be sold to foreign markets. Fiat's vice president Alfredo Altavilla this week in Belgrade again clarified that Punt was only an interim solution. The production of new cars will be largely localized, because about 80 percent of the necessary parts and components and positions for installation will be produced in Serbia. The announced localization will be realized in phases, since Serbian local companies have to pass rigorous tests for entry into the automobile sub-contractors for Torino’s giant.