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Automotive News Europe, November, 2003 by Ciferri, Luca; Frink, Lyle; Webb, Alysha
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Fiat signs deal to enter Russia
Turin - Italy's Fiat Group plans to sell cars and trucks in the Russian market through an alliance with a local partner.
Fiat has signed a letter of intent with Company Basic Element (CBE) of Russia.
CBE could import and distribute Fiat vehicles using the dealer network of AvtoGAZ, CBE's automotive subsidiary which manufactures the Volga models.
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Iveco 8140 diesel engines could be also imported to Russia to equip AvtoGAZ's light commercial vehicle, the Gazelle. If market reaction is positive, the two companies could manufacture Fiat cars ...
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Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »