2010 Fiat 500 Abarth SS will start building at Toluca, Mexico plant in late 2010 or early 2011 according to AW’s supplier source. Of the 100,000 units Chrysler plans to build in Mexico, one-third are expected to go to Brazil, who has a free trade pact with Mexico, and as production ramps up, Chrysler is expected to offer the entire 500 lineup eventually. That means we stand a good shot at seeing the hatchback, convertible, wagon and Abarth versions here in the Colonies.
Ferrari P4/5 by Pininfarina have contracted with Italy’s Banca Leonardo to help them sell 50.7 percent of their stake in the design/contract manufacturing business. Said a source, “It is a commitment [the Pininfarina family] made with the banks. The family has no intention of leaving completely.”
Ferrari P4/5 by Pininfarina the reports are painting the pending deal as a partnership rather than a takeover and Tata already has dealings with Fiat, so they’re familiar with the Italian way of doing things. For its part, Pininfarina is working on an electric car (hey, why not?) with French entrepreneur Vincent Bollore.