2011 to be harsh for 6 auto CEOs

Source: Global Times
[18:00 January 26 2011]
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No.4 Meng Feixuan, CEO of FIAT

Fiat Auto founded a joint venture with Guangzhou Automobile Industry in 2009 to realize a production capacity of manufacturing 250,000 complete vehicles and 300,000 engines. But the factories will go into operation in 2012, which means the company can only expand its market with two models, Fiat Bravo and Fiat 500.

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