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Fiat
Group is actively pursuing ambitious plans to manufacture the Fiat 500 in
the United States and is seeking an industrial partner
for the project, CEO Sergio Marchionne revealed
yesterday. |
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Fiat Group is
actively pursuing ambitious plans to manufacture the
Fiat 500 in North America and is seeking an industrial partner
for the project, CEO Sergio Marchionne revealed
yesterday. "We are examining ways and means to
manufacture the cars in the United States," Marchionne
told reporters on the sidelines of a conference in
Venice.
Marchionne is
already pursuing a strategy to start manufacturing at least
one Alfa Romeo model in North America from 2011-2012, with
an array of options currently being evaluated. Alfa Romeo is
building towards its relaunch, and with the present levels of currency exchange
he sees it as vital that at least one model is manufactured
stateside.
Talks over a
stateside Alfa Romeo production facility have recently been
revealed to be ongoing with the US's third biggest carmaker,
Chrysler, while the Canadian province of Ontario is aggressively pushing to be the location of the factory.
Marchionne suggested that the 500 could be launched at the
same time as Alfa Romeo, meaning a 2011-2012 timescale,
although he said that it would most likely be built at a
different location.
On Friday
Marchionne admitted that he had plans that would also see
the Fiat 500 being built in the US, revealing in an
interview that he is actively working on the proposal; and
building on comments that he has made in the last year to
that end. "I don't want to bring it over made," he said
yesterday. "I want to manufacture in the NAFTA area," he
added. NAFTA (North American Free Trade Agreement) comprises
of the United States, Canada and Mexico.
The Fiat 500 has
proved to be a huge success with customers since it was
launched exactly a year ago, around 250,000 examples have
been ordered already and it was a clear winner of the highly
prestigious Car of the Year 2008 award. Fiat withdrew
from the US new car market a quarter of a century ago, and
does in fact have a historic record of building vehicles
stateside: it established a factory in Poughkeepsie, New
York, in 1906, although production only lasted a few years.
Marchionne was cautious
though about his US plans for the Fiat 500, commenting that although "there is a certain charm
about making the 500 in the United States," Fiat wouldn't go
ahead unless a sound business case could be produced. He
also said that the 500 would only arrive once the full range
of model derivatives was completed: a convertible and estate
version are currently in the planning stages. Fiat spokesman
Gualberto Ranieri said that they would be looking very
closely at Smart, which is being launched in the United
States this year. Marchionne added he was in "very quiet"
talks with prospective partners, and hinted that further
news could be announced this year.
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