Fiat 500L

Although the company's executive committee has not yet made the final decision, the Serbian press is busy reporting hat the factory will be built "in Sumadija" - i.e., Serbia's central region.

As the Fiat Chrysler Group, like other large carmakers, does not have cars in stock but aligns the manufacturing process with the orders coming from dealerships - so the Kragujevac-based factory had 105 working days this year through the last weekend, producing over 43,000 vehicles of all versions of the Fiat 500L model.

KRAGUJEVAC - Fiat means 3 pct of Serbia's GDP and nearly 8 pct of its exports, Serbian PM Aleksandar Vucic said Thursday, thanking the workers producing Fiat cars in Serbia for making their families and the country proud.

Fiat accounts for three percent Serbia's GDP and nearly eight percent of its exports, Prime Minister Aleksandar Vucic said on Thursday.

At the unveiling of the new Fiat 500L car at the FCA Serbia plant in Kragujevac, central Serbia, he said it was "our small Serbian car that we are producing in our Kragujevac."

Fiat Chrysler Automobiles (FCA) Serbia will on May 25 announce the start of manufacturing of a new Fiat 500L model.

Starting from this year, this car will be manufactured in FCA's plant in Kragujevac, central Serbia, the company announced.

Eurasian Council delays decision on Fiat imports

MOSCOW -- The Eurasian Economic Commission will consider customs duty free import of Fiat 500L cars produced in Serbia in late April or Early May.

That does not mean that a decision will be made "on the same day," reports said on Wednesday.