/ Fiat, Industry, News / Poland: Fiat to put out $773 million in factory investment

Poland: Fiat to put out $773 million in factory investment

Linked In Share
Poland: Fiat to put out $773 million in factory investment

According to the Polish government, the recently created Fiat Chrysler Automobiles has big plans for the manufacturing facility it owns in the south of Poland.

The planned 2.36 billion zlotys ($773 million) upgrade investment should be used I order to prepare the manufacturing facility to produce a new Fiat model, which should be the successor to the aging Punto.

Fiat though said these are “assumptions that at this moment have not yet been firmed up in the company’s business strategies. The information on investment plans that will be implemented in individual countries will be announced at the appropriate time along with the industrial choices that the company decides to take,” Fiat added.

According to an official Polish government statement, the Punto successor – which should be a longer and wider version of the 500 minicar already being built at Fiat’s plant in Tychy, with the carmaker adding around 420 new employees to support the 3,000 workforce already on site.

The investment should be made by 2017, as Fiat desperately needs a good selling successor to the small class model, traditionally a strong segment for the Italian brand in Europe – but with sales faltering now. The new model’s production would be 96% exported, including to North America, where Fiat tries to assert its namesake brand.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Thursday, May 22nd, 2014 - filed under Fiat, Industry, News. Image credit: .
Linked In Share
Related Articles
government plant poland production Punto successor


Discuss: Poland: Fiat to put out $773 million in factory investment

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Furious Red Bull issues F1 quit threat
Furious Red Bull issues F1 quit threatMar.15 (GMM/Inautonews.com) Red Bull has threatened to quit formula one. "We are dissatisfied with the way formula one is ...
F1 stars worry about sport’s questionable ‘show’
F1 stars worry about sport’s questionable ‘show’Mar.15 (GMM/Inautonews.com) Local hero Daniel Ricciardo on Sunday admitted F1 had put on a questionable show for ...
Susie Wolff not on pole to replace Bottas
Susie Wolff not on pole to replace BottasMar.15 (GMM/Inautonews.com) Williams has played down suggestions Susie Wolff is now in pole position to make her F1 ...
Merhi hoping to keep Manor seat for Malaysia
Merhi hoping to keep Manor seat for MalaysiaMar.15 (GMM/Inautonews.com) Roberto Merhi is hoping to keep his Manor race seat for Malaysia. The Spanish rookie was nominated ...
Vettel has upper hand already – Salo
Vettel has upper hand already – SaloMar.15 (GMM/Inautonews.com) Sebastian Vettel already has the upper hand over friend and existing Ferrari driver Kimi ...
German GP demise ‘a shame’ – Hulkenberg
German GP demise ‘a shame’ – HulkenbergMar.15 (GMM/Inautonews.com) Nico Hulkenberg has lamented the apparent decline of the German grand prix. Officially, the FIA has ...
Schumacher son starts F4 career with a crash
Schumacher son starts F4 career with a crashMar.15 (GMM/Inautonews.com) Mick Schumacher's new single seater career has kicked off with a crash. Newly switched from karting ...
Lauda denies private lives to hurt Mercedes drivers
Lauda denies private lives to hurt Mercedes driversMar.15 (GMM/Inautonews.com) Niki Lauda has rubbished suggestions the private lives of Mercedes' race drivers could affect their ...
Bottas will not race in Melbourne
Bottas will not race in MelbourneMar.15 (GMM/Inautonews.com) Valtteri Bottas is out of the Australian grand prix. The Finn spent the night in the nearby Alfred ...
Sainz beats Verstappen hype on debut
Sainz beats Verstappen hype on debutMar.15 (GMM/Inautonews.com) Carlos Sainz has kicked off his F1 career with a bang. Insisting he does not like to be called ...
Marko already predicting ‘dull’ season
Marko already predicting ‘dull’ seasonMar.15 (GMM/Inautonews.com) At the very first race of the 2015 season, Dr Helmut Marko has predicted a "dull" world ...
Newey comments show Red Bull-Renault divorce nigh
Newey comments show Red Bull-Renault divorce nighMar.15 (GMM/Inautonews.com) Adrian Newey has joined fellow Red Bull officials in angrily pointing the finger at Renault. After ...
Honda needs Alonso ‘more than ever now’ – Salo
Honda needs Alonso ‘more than ever now’ – SaloMar.15 (GMM/Inautonews.com) Honda has defended its woeful return to formula one in 2015 by saying it opted to go conservative ...
Marko confirms Renault in Toro Rosso takeover talks
Marko confirms Renault in Toro Rosso takeover talksMar.15 (GMM/Inautonews.com) Talks are underway between Red Bull and Renault, regarding the sale of the Toro Rosso team. In the ...
Injured Bottas still in doubt for Australia GP
Injured Bottas still in doubt for Australia GPMar.15 (GMM/Inautonews.com) Valtteri Bottas remains in doubt for Sunday's Australian grand prix. The Finn spent the night in ...
Read more automotive news


2015 Geneva Motor Show Coverage

peugeot_208_IMG_20150307_133439968_HDR
2018 volkswagen scirocco 1
Nissan-Juke-Qashqai-Design-Edition-1
2016 skoda superb convertible 1
ferrari 488 gtb south africa 1
ferrari f12 berlinetta adv.1 1
audi r8 lms spotted paul ricard 1
mclaren mp4-12c tuning dmc 1
volkswagen passat cc render 1
dodge challenger srt hellcat germany geigercars 1
ferrari 458 speciale aperta miami beach 1
ferrari 458 italia crash uk 1

More automotive from inautonews
The Peugeot brand has had a long string of great supermini offerings – even if their goal was not necessarily to achieve ultimate fame in the segment – such as the now iconic 206 and legendary 205. The Peugeot 208 has no intention to establish itself in the segment’s hall of fame – though ...
read more
Inautonews Editors Section
Test Drive: Peugeot 208 1.6 VTi 120 hp
Test Drive: Peugeot 208 1.6 VTi 120 hpThe Peugeot brand has had a long string of great supermini offerings – even if their goal was not necessarily to achieve ultimate fame in the ...
Geneva motor show’s greatest rides
Geneva motor show’s greatest ridesWe’re again feeling decidedly subjective on this one, but here’s my personal pick of the greatest rides that could be snatched from the show ...
Geneva Motor Show 2015 – the full car guide
Geneva Motor Show 2015 – the full car guideIt can only get bigger and better. The 85th International Motor Show in Geneva will finally make its “carsy” debut on the 3rd of March. The show ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: Chevrolet Volt for software problemGeneral Motors has announced a new recall, this time for the Chevrolet Volt, because of some ... Recall roundup: Honda Accord and CR-VAmerican Honda Motor Co. has recently announced a recall for several units of the Accord and CR-V ...
Safety Section