Stellantis Invests 200-M Euros To Build Fiat Cars In Algeria

Carmaker Stellantis will spend more than 200 million euros ($213.32 million) to manufacture four Fiat models in Algeria, it said, Dominique Vidalon and Gilles Guillaume reported for Reuters.

Photo Insert: Construction of the Algeria plant will be completed by August with production of the first Fiat 500 expected by the end of the year.

Construction of the plant will be completed by August with production of the first Fiat 500 expected by the end of the year, it said.

By 2026, the plant will have created nearly 2,000 local jobs and have production capacity of 90,000 vehicles a year.

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