Fiat Chrysler to increase production by 2% in 2017

Fiat Chrysler Automobiles has announced that it will increase its production by two percent in 2017 to reach the output of 273,000 cars after having made investments worth €180 million. "We hope that 2017 will be a record-breaking year for Lancia Ypsilon, of which we want to make around 67,000. Next year's production of Fiat 500 and Abarth 500 we estimate at around 206,000," said Antoni Greń, head of the factory. The company said that this year it will manufacture 276,500 cars, compared with 302,600 in 2015. The decline is caused by the termination of the production of the Ford Ka model in May this year, which has been made there for eight years.