End of Communist Dream Car Production

Published: 26 September 2000 y., Tuesday
The last model of Poland's most popular car, the boxy subcompact Fiat 126, rolled off the assembly line on Friday nearly 30 years after the first one was produced, the Polish unit of Italy's Fiat said. The tiny two-door car, affectionately called maluch, or "the little one," by Poles, was during communist times a dream for most families. Now, its bargain price of only ZL 12,000 (USD 2,647) and low maintenance costs attract mainly young buyers. Poland's pre-1989 communist government ordered the production of the car in 1973 after receiving a license from Fiat. Twenty years later the Italian firm bought the nearly bankrupt Bielsko-Biala factory for a symbolic one zloty. Fiat produced more than 3.3 million maluchs, but decided to end production after the auto group's newer designs, especially the subcompact Seicento, started to outsell the 126.
Šaltinis: centraleurope.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Zapatero will analyse EU economic strategy with Merkel

The President of the Spanish Government, José Luis Rodríguez Zapatero, will meet this Monday with the German Chancellor, Angela Merkel, to analyse the future EU economic and employment strategy EU2020 before the Twenty-seven approve its basic lines at the Spring European Council. more »

MEPs set out fisheries reform priorities

The planned overhaul of the EU common fisheries policy should take better account of the huge differences across European fleets and fisheries, give greater responsibility to fishing regions, address the problem of fleet overcapacity and improve the traditional quota system, according to a non-binding report adopted by Parliament on Thursday. more »

Stronger European economic governance and tougher rules for the Stability Pact needed

The EMU framework and economic governance within the eurozone need to be revamped. more »

Young people to be a priority when EP starts work on 2011 budget

Young people should be a priority in EU action next year, it emerged on Tuesday, as the Budgets Committee started work on the EU's 2011 budget. more »

“Support for regional policy is our priority”, President of the European Investment Bank tells MEPs

European Investment Bank (EIB) support for EU regional policy is crucial for tackling the economic crisis, EIB President Philippe Maystadt told the Regional Development Committee on Monday. more »

Globalisation fund: Budgets Committee backs aid to Germany and Lithuania

Three thousand former car, refrigerator and construction workers in Germany and Lithuania could get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Tuesday. more »

European ministers will focus their discussions on the impact of the crisis on Greek agriculture and the future of the Common Agricultural Policy

Today, 22 February, the EU Council of Agriculture and Fishing in Brussels, under the chairmanship of the Spanish Minister, Elena Espinosa, will analyse the impact of the economic crisis on the Greek agricultural sector, which has experienced a drop in prices and income, with small farms that pose an obstacle for the producer for negotiating with large distribution chains. more »

Around 260 cities are hoping to establish municipal policies to tackle the crisis

Municipal policies to tackle the crisis and their application at EU level will be discussed during the three days of the summit entitled, “Networked Local Governments for a New Europe”, which will bring together representatives from 260 cities in Barcelona. more »

EBRD promotes energy efficiency projects in Moldova

The EBRD is promoting energy efficiency and renewable energy projects in Moldova, helping the economy to reduce its energy intensity with a new €20 million credit line for on-lending to local private companies. more »

EBRD supports ice-cream producer in Turkmenistan

The EBRD is lending $1.2 million to Salkyn, one of the largest ice cream producers in Turkmenistan, to help the company expand its distribution network and build up its brand. more »