BELGRADE — Less than a week after announcing NATO bombs had done US$1 billion in damage to its factory, Yugoslavia's only automaker, Zastava, says it will build 4,500 cars this year and is looking to form a partnership with another automaker. Zastava will receive US$72.4 million in funding from the Serbian government to help restart production over the next five months. Some US$3.6 million already has been transferred to the automaker. Zastava also will raise capital by selling 3,500 cars ...
Premium Content (PAID Subscription Required)
"Yugo production to restart this year" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.