Fiat, shifting investment to Brazil! - Fashion - Style - Trendy

Wednesday, December 15, 2010

Fiat, shifting investment to Brazil!

Italian car company Fiat, a car factory in Brazil will invest the amount of $ 1.8 billion to build.

Fiat's Latin American President Cledorvino waist, Pernambuco in northeastern Brazil's auto plant will begin construction next year, yesterday signed the agreement. Waist, the factory will be operational in 2014 a year to produce 200 thousand vehicles in the factory, be found in the research and development facilities, he said. Fiat, Brazil, since 1976, including a large portion of the vehicle is producing for the domestic market.

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