SAO PAULO -- Fiat Auto SpA has closed its factory in Venezuela but is attempting to grow its market share in Uruguay and Chile. The auto maker also is targeting Colombia, Peru, Ecuador and the Caribbean, with the hope of raising export numbers by 100% in two years. Exports from Fiat’s factory in Betim Minas Gerais jumped from 18,000 vehicles in 2000 to 25,000 last year. Fiat’s plant in Argentina, which has a 400,000 unit annual capacity, only produced 12,000 units. Some 3,000 of its ...
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