Tuesday, March 8, 2011

The Fiat 500 arrives in Toluca

With a celebration with all the honors of the event, which was attended by the Head of State Felix Calderon, the Italian ambassador in Mexico, Roberto Spinelli chief executive officer Sergio Marchionne, Fiat and Chrysler, was officially inaugurated the start of production of Fiat 500 in Mexico, plant in Toluca, about 70 km away from Mexico City.

The new Fiat 500 will be produced in Mexican territory and therefore the end of next year the plant will be assembled in Toluca also power the Fiat 500. This last step will require an investment of the Fiat 150 million dollars. The announcement was made during a press conference held at the Chrysler plant in Toluca.

Marchionne explained that the Fiat 500 will be produced 100 thousand per year, which translated into an investment in the territory, it means $ 500 million for Mexican firms in the industries sector. In addition to the Fiat said that the establishment of Saltillo in the state of Cohauilla, will also be produced, since the summer, the models of Alfa Romeo MiTo, the Giulietta and 159.

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