Fiat to resume Venezuela output in Latam expansion

Newswire

By Pascal Fletcher CARACAS, Venezuela, Oct 27 (Reuters) - Italian carmaker Fiat plans to resume car assembly operations in Venezuela from early 2005 after a six-year absence, taking advantage of government incentives and a buoyant local market, Fiat executives said on Wednesday. Jose Tavares, Finance Director for Fiat's Brazil operations, said the company would produce the Fiat Uno model at a plant west of Caracas owned by its local Venezuelan partner Comercializadora Todeschini. ...

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