Fiat Project L-Zero MPV to Be Produced in Serbia in 2012
Automotive News reports that full production will start in Serbia starting May or June of Next year. The vehicle is likely to be based on a platform shared by the 500 and Panda and could become a successor for the Fiat Idea and Lancia Musa models.
The car is intended primarily for the European market, according to Antonio Cesare Ferrara, head of Fiat Automobili Srbija, Fiat's joint venture with the Serbian government.
"In a later stage it may also be offered in the United States, but primarily Europe," Ferrara told reporters on Wednesday at the FAS plant in Kragujevac, Serbia.
Production figures are unknown, but the facility has enough capacity to produce a quarter of a million cars per year.
The L-Zero is expected to be a five-seater in basic form, but a seven-seater will also be made.
Fiat's investment in the production facility will reportedly reach 850 million euros ($1.16 billion) by the end of the year, including the cost of cleaning up and rebuilding the decrepit Zastava facilities, and importing "state-of-the art production equipment" from Germany, Italy and Japan.
We should see the first prototypes and test vehicles popping up in spyshots by the end of the year.