The Fiat 500L is currently manufactured in Serbia, both the European and the American market. In order to boost the economy of your country, the local government reached an agreement with Fiat. In Kragujevac plant, a joint venture between Fiat (67%) and the Serbian state (33%), is industry a cheaper version of Fiat 500L reserved for the Serbian market.
Serbia This cost Fiat 500L to €10,900, or about 3000 euros less than half that in the rest of Europe. In exchange, Fiat should hire 1,400 new people for the aid to be received 10,000 euros per worker hired and shall use such assistance for the manufacture of Fiat 500L Serbian.
In addition, to be eligible for aid, Fiat will offer the Fiat 500L, with banks and local leasing companies, with a 5-year funding to 3% in euros, the currency of reference in that candidate country to join the European Union.
Currently, cars account for 20% of exports from Serbia. Fiat plans to manufacture there this year between 110,000 and 180,000 units of Fiat 500L for Europe and the United States.