© Reuters. FILE Photo: The logo of Stellantis is viewed on a firm’s making in Velizy-Villacoublay near Paris, France, February 1, 2022. REUTERS/Gonzalo Fuentes/File Image
PARIS (Reuters) – Carmaker Stellantis will commit a lot more than 200 million euros ($213.32 million) to manufacture 4 Fiat designs in Algeria, it mentioned on Sunday.
Design of the plant will be concluded by August with creation of the the first Fiat 500 anticipated by the finish of the year, it explained.
By 2026 the plant will have created approximately 2,000 community work opportunities and have output potential of 90,000 autos a yr.
($1 = .9376 euros)