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Fiat to start CKD assembly of Siena in Iran.

Auto Business News-7 July 2008-Fiat to start CKD assembly of Siena in Iran(C)2008 ENPublishing -

Auto Business News - 07 July 2008(c)2005 - Electronic News Publishing -

Fiat Group (Fiat) (NYSE: FIA) (ISE: IT0001976403) is commencing CKD assembly of the Siena in Iran during the autumn of 2008.

The assembly line has been set up in collaboration with the Pars Industrial Development Foundation (PIDF). Both firms signed an agreement for the project three years-ago.

The Siena will be assembled locally from CKD kits exported to Iran from the Tofas factory.

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Publication:Auto Business News (ABN)
Date:Jul 7, 2008
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