Serbia & Montenegro

Serbia made clear its intentions to become a car industry hub amid plans by Italy's Fiat to invest EUR100mn (US$150mn) in new equipment in the country. According to Balkans.com, Serbia... 2009-10-23

Italian group Fiat plans to double production at its Zavasta car plant in Kragujevac, central Serbia. Production at the plant began in March following the announcement a month earlier... 2009-05-28

The Serbian government has signed a deal with Italian automotive manufacturer Fiat whereby 15,000 units of the Fiat Punto will be produced in Serbia, beginning in March this year.... 2009-02-03

Italian automaker Fiat, which had agreed to acquire a 70% stake in Zastava with an investment of EUR700mn, will be signing the final deal on 29 September to kick start the new joint... 2008-09-22

Fiat is believed to be the front-runner in the privatisation of Zastava Automobili, with the Serbian car plant potentially becoming its second manufacturing facility for small cars... 2008-04-30

General Motors (GM) is reaping significant rewards from its participation in the Serbian market. According to industry data, the US carmaker's subsidiaries Opel and Chevrolet sold... 2008-02-07

Serbia's Economy Minister Mlađan Dinkić has announced that it intends to offer the national carmaker Zastava for sale by tender by the end of 2007. The move follows... 2007-07-18

BMI's latest Serbia Automotive Report envisages a turnaround in the Serbian automotive industry, with national carmaker Zastava commencing production of Fiat's Punto model in June... 2007-05-22

Russia's state-owned arms dealer, Rosoboronexport, is considering bidding for a Serbian automotive parts supplier in order to secure supplies to AvtoVAZ.Prva Petoletka Holding, a... 2007-04-03

Moderating retail activity and a deceleration prompted BMI to revise its 2006 automotive sales growth estimates down to 7.1%, from 8.0%, in the latest Serbia Automotive Report. Sales... 2007-03-01