Fiat ready to subject motoring world to 2012 Panda

March 29th, 2011 by Darren Cottingham

According to reports coming out of Fiat the first examples of its next-generation Panda city car will roll off the production line in Italy this November. The third generation of the Panda is preparing to  make its world debut at the Frankfurt Motor Show in mid-September.

“We are on track in refurbishing Pomigliano, which will become a truly state-of-the-art plant when it begins production in November,” Fiat Group chief manufacturing officer Stefan Ketter said recently.

Originally the new Panda was to be built in the Tychy factory in Poland but last year Fiat Group CEO Sergio Marchionne announced the change. As part of the company’s “Fabbrica Italia” (Italian factory) plan, Panda production was moved to Italy to help boost Fiat productivity from around 650,000 units in 2010 to approximately 1.4 million cars in 2014.

Fiat has invested around €800 million to build the new Panda in Pomigliano. It’s a huge investment for Fiat considering the Italian factory in 2010 only produced around 30,000 units of the Alfa Romeo 159 sedan and sports wagon, plus the final examples of the 147 hatchback and GT sports coupe. Continue reading “Fiat ready to subject motoring world to 2012 Panda” »