The last model of Poland's most popular car, the boxy subcompact Fiat 126, rolled off the assembly line on Friday.
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.
The most popular articles
Bank DnB NORD A/S increasing its holdings in its Lithuanian subsidiary to 99.84 percent through acquisition of shares from minority shareholders.
more »
AB Bank SNORAS will grant LTL 35 million for financing the small and medium businesses on the exclusive conditions.
more »
Rejecting survival plans from both General Motors and Chrysler, President Barack Obama warned the ailing US automakers they could be forced into bankruptcy if they don't find a way to slash their debt.
more »
Prevailing wisdom says when the going gets tough the weary go drinking. The demand for beer exceeds the demand for all other alcoholic beverages in USA.
more »
Things have been moving slowly for Swiss watchmakers in recent months. The global economic downturn has hit the country's third most important industry hard.
more »
The move came a day before the U.S. government was due to outline new steps to help GM and Chrysler as part of the federal bailout.
more »
With the European year of creativity and innovation in full swing, leading figures warn against cutting back on research and development in times of crisis.
more »
Wall Street has been looking for signs of a bullish comeback, and today's surprise news on the economic front revived a buying spree... started by Monday's 7% rally.
more »
With the economic crisis eating away at public finances, budget deficits in five countries are expected to exceed the 3% of gross domestic product allowed by the EU.
more »
China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
more »