Fiat is eyeing a car for manufacture at its Serbian plant (Zastava) that will could be sold around the world, Chief Executive Sergio Marchionne has said.
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“Whatever it is that we will make in Serbia may have global applications,” Sergio Marchionne told reporters earlier this week.
In September 2008, Fiat signed an agreement to buy 67% of Serbian auto maker Zastava.
At the time of the agreement, Marchionne alluded to the possibility of having the Serbia plant be part of his plan to build a new brand for a low-cost car.
