Fiat Automóveis has just acquired 1.5m square metres of land adjacent to its plant in Betim, Minas Gerais, which will enable the company to expand its manufacturing facilities.
According to Sao Paulo based publisher, Autodata, the land was donated by the city. It had previously been offered to Tata Motors, now a partner of Fiat. Tata pick-up trucks will be built at Fiat’s plant in Cordoba, Argentina.
Fiat has hired 3,000 new workers in Betim since January this year. This is mainly due to the hiring of 1,700 workers for a new third shift.
Despite having acquired the land, there are no firm plans to expand the plant at Betim at present.
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By GlobalData