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• Business as Usual: Nanjing will continue building Fiats post-divorce

  Filed under: China , Plants/Manufacturing , FIAT Fiat and Nanjing may have divorced their marriage on passenger cars, but that shouldn't affect their offspring. Following Fiat's withdrawal from its joint venture with the Chinese automaker, production of three current Fiat models at the Nanjing plant is expected to continue. With demand for the Sino-Italian cars slowly dwindling, Nanjing Fiat Auto was expected to continue production in the short term only to satisfy orders placed, and the manufacturing of spare parts to support the service of the cars already sold will also continue for years to come. However, recent reports indicate that as part of its divorce with Fiat, Nanjing acquired the rights to continue building the Palio Weekend wagon, Siena sedan and Perla (a larger sedan having been developed in China and based on the Siena platform) under a different badge. Component suppliers in China report that they have received no cancellation on shipments to the assembly plant,... Posted Dec 31 2007, 10:18 AM by Autoblog Filed under: production, Plants/Manufacturing, China, FIAT, saic, Shanghai, nanjing, JointVenture, joint venture, perla, continue

• Post-merger, Fiat ditches Nanjing joint venture

  Filed under: China , Euro , Plants/Manufacturing , Earnings/Financials , Chery , Alfa Romeo , FIAT Hot on the heels of Nanjing Auto's merger with SAIC , Fiat has announced it has pulled out of the automotive joint venture it had embarked upon with Nanjing. The Sino-Italian operation had been a money-losing enterprise for years. Fiat says that Nanjing failed to live up to its commitments to the joint venture after the Chinese auto group took over MG Rover, and that the divorce will enable the Italian automaker to re-strategize its business in China. Fiat is expected to partner instead with Chery Automobiles, which just announced another joint venture with Israel Corp . Fiat and Chery are in the process of setting up another joint venture to produce 175,000 cars annually starting in 2009, and leading to the introduction of Fiat Group division Alfa Romeo to the Chinese market. The separation affects only the cooperation between Fiat and Nanjing on the production of passenger cars, and... Posted Dec 27 2007, 12:03 AM by Autoblog Filed under: Euro, Chery, Plants/Manufacturing, China, Earnings/Financials, divorce, FIAT, Alfa Romeo, merger, saic, nanjing, jv, JointVenture, manufacture, joint venture, PullsOut, pulls out