Stock Market News

Stellantis invests 200 million euros to produce Fiat cars in Algeria

2023.03.19 09:39


© Reuters. FILE PHOTO: The logo of Stellantis is seen on a company’s building in Velizy-Villacoublay near Paris, France, February 1, 2022. REUTERS/Gonzalo Fuentes/File Photo

PARIS (Reuters) – Carmaker Stellantis will spend more than 200 million euros ($213.32 million) to manufacture four Fiat models in Algeria, it said on Sunday.

Construction of the plant will be completed by August with production of the the first Fiat 500 expected by the end of the year, it said.

By 2026 the plant will have created nearly 2,000 local jobs and have production capacity of 90,000 vehicles a year.

($1 = 0.9376 euros)

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 75,947.35 1.49%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,911.79 3.77%
tether
Tether (USDT) $ 1.00 0.03%
solana
Solana (SOL) $ 198.90 6.18%
bnb
BNB (BNB) $ 598.27 0.52%
usd-coin
USDC (USDC) $ 1.00 0.03%
xrp
XRP (XRP) $ 0.550732 0.98%
dogecoin
Dogecoin (DOGE) $ 0.200642 5.27%
staked-ether
Lido Staked Ether (STETH) $ 2,914.96 3.89%
cardano
Cardano (ADA) $ 0.434251 17.72%
tron
TRON (TRX) $ 0.160819 0.54%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,449.04 2.57%
the-open-network
Toncoin (TON) $ 4.89 1.31%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 3.88%
avalanche-2
Avalanche (AVAX) $ 27.45 1.73%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 75,863.33 1.53%
weth
WETH (WETH) $ 2,910.16 3.80%
chainlink
Chainlink (LINK) $ 12.77 3.84%
bitcoin-cash
Bitcoin Cash (BCH) $ 379.77 1.57%
sui
Sui (SUI) $ 2.30 2.97%
polkadot
Polkadot (DOT) $ 4.27 4.36%
leo-token
LEO Token (LEO) $ 6.34 3.28%
usds
USDS (USDS) $ 1.00 0.08%
litecoin
Litecoin (LTC) $ 71.20 0.92%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,062.00 3.75%
uniswap
Uniswap (UNI) $ 8.81 1.26%
near
NEAR Protocol (NEAR) $ 4.20 1.09%
aptos
Aptos (APT) $ 9.65 1.31%
pepe
Pepe (PEPE) $ 0.000011 6.88%
bittensor
Bittensor (TAO) $ 504.57 2.52%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.42 2.82%
internet-computer
Internet Computer (ICP) $ 7.71 1.90%
dai
Dai (DAI) $ 1.00 0.05%
stellar
Stellar (XLM) $ 0.101649 4.10%
monero
Monero (XMR) $ 163.88 0.66%
ethereum-classic
Ethereum Classic (ETC) $ 20.23 0.82%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.16%
crypto-com-chain
Cronos (CRO) $ 0.103078 19.97%
kaspa
Kaspa (KAS) $ 0.113475 4.32%
whitebit
WhiteBIT Coin (WBT) $ 19.62 1.83%
aave
Aave (AAVE) $ 180.07 0.90%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.344415 1.85%
blockstack
Stacks (STX) $ 1.65 0.77%
okb
OKB (OKB) $ 40.29 1.33%
first-digital-usd
First Digital USD (FDUSD) $ 0.998771 0.30%
dogwifcoin
dogwifhat (WIF) $ 2.32 0.77%
arbitrum
Arbitrum (ARB) $ 0.570872 1.05%
mantle
Mantle (MNT) $ 0.660919 8.27%
filecoin
Filecoin (FIL) $ 3.72 0.08%