Yugo production to continue in Congo

Fiat Motors Serbia will discontinue production of the 101, Yugo and Florida models, but the cars’ production may resume in Africa, writes daily Novosti.

Izvor: Veèernje novosti

Tuesday, 28.10.2008.

17:04

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Fiat Motors Serbia will discontinue production of the 101, Yugo and Florida models, but the cars’ production may resume in Africa, writes daily Novosti. Zastava Vehicles Group CEO Zoran Radojevic said that the Economy Ministry and the Privatization Agency would decide on the feasibility of the plans of the individuals and companies from Africa. Yugo production to continue in Congo “We have received a proposal for the Yugo-Florida model to be produced in the Congo,” Radojevic said. He added that Egypt’s Nasco Automotive Co. was still importing parts for the Zastava 128 model. "That model’s production was discontinued here ten years ago but sales on the Egyptian market are going well. They have acquired 40 percent of the production of spare parts,” Radojevic said. Recently, Zastava Union members reacted angrily to news that the old equipment would be sold or smelted in Smederevo. They asked for the equipment to be offered first to the companies’ collaborators before being sold. The Ministry accepted the Union’s demands. Yugo

Yugo production to continue in Congo

“We have received a proposal for the Yugo-Florida model to be produced in the Congo,” Radojević said.

He added that Egypt’s Nasco Automotive Co. was still importing parts for the Zastava 128 model.

"That model’s production was discontinued here ten years ago but sales on the Egyptian market are going well. They have acquired 40 percent of the production of spare parts,” Radojević said.

Recently, Zastava Union members reacted angrily to news that the old equipment would be sold or smelted in Smederevo.

They asked for the equipment to be offered first to the companies’ collaborators before being sold. The Ministry accepted the Union’s demands.

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