Chrysler Group Celebrates Production Launch of 2012 Fiat 500 at Toluca Plant, May Also Produce Second Fiat Model in Mexico

Chrysler Group CEO Sergio Marchionne and Mexico’s President Felipe Calderon celebrated the start of the 2012 Fiat 500 production today at the Detroit firm’s Toluca plant in Mexico. The company invested $550 million USD, with the assistance of loans from the Mexican government, to build the subcompact model at the Toluca site. Chrysler said the plant will build more than 120,000 examples of the