Fiat 500 - production increased
Due to big demand, Fiat has decided to increase capacity for its 500 minicar to 190,000 units a year. By early March, 500 capacity at the Tychy, Poland, assembly plant will grow to 750 units a day from 500 units initially planned.
For the remake of its iconic minicar, Fiat had planned 120,000 units in the first full year, 2008. Fiat said it received 160,000 dealer orders for the 500 between its July 2007 introduction to the end of this January.
For 2007, Fiat had planned to build 58,000 units of the 500. Last year, Fiat built 65,525 units of the 500, according to UK-based market researcher J.D. Power Automotive Forecasting.
Of those, 42,470 were sold to final customers last year, according to UK-based market researcher JATO Dynamics. Fiat said it invoiced 58,846 units to its dealers in the calendar year.
Next year Fiat will unveil a convertible version and in 2010 a station wagon version will follow.
Source: Automotive News