Stellantis is increasing its capacity at the PSMA Rus industrial enterprise in the Kaluga Region. The production of Fiat cars will begin there, the production of which in Russia was discontinued 10 years ago.
“With the birth of Stellantis and the expansion of the global brand portfolio, which includes the Fiat Professional brand, a decision has been made to localize the Fiat Scudo model intended for export at PSMA Rus facilities,” the company said in a statement. The production of Fiat Scudo assembled in Russia will begin before the end of 2022.
Stellantis is a multinational car manufacturing corporation formed in 2021 from the merger of the Italian-American automaker Fiat Chrysler Automobiles with the French company Groupe PSA.
“In the next few years, we will expand the range of products by localizing the production of the Fiat Professional brand, but this year, with the expansion and deployment of production capacities, we are creating 1,000 new jobs in the Kaluga region,” said senior vice president of Stellantis Xavier Duchemann.
In 2011, OJSC Sollers broke off cooperation with the Italian concern Fiat. The companies said they had stopped negotiations to create a joint venture to produce cars and SUVs. Sollers also closed the already launched projects with Fiat, that is, the distribution and assembly of its models in Russia. Sollers failed to bring Fiat into the top ten most popular brands in Russia.