700 Milion Euro investment in Sevel plant

DucatoToday, Fiat CEO Sergio Marchionne presented plans for future activities at the Sevel plant in Atessa (Chieti), where the Ducato Light Commercial Vehicle (LCV) is currently produced.

Approximately €700 million is to be invested in the existing facility over 5 years which, together with application of World Class Manufacturing standards, will enable Sevel to further improve its standing as one of the most advanced automotive production facilities in the world.

This investment, of which Euro 550m is being undertaken by Fiat-Chrysler and  Euro 150m by PSA, will cover the installation of 60 body welding robots, 25 refurbished spray painting systems, a new assembly line and reorganization of logistics in preparation for a wider range of products in order to meet evolving customer and market demands. The Sevel plant in Val di Sangro, a 50-50 joint venture between Fiat Group Automobiles and PSA-Peugeot Citroën, was inaugurated on 28 November 1981 by Italian President Sandro Pertini with Fiat Chairman Giovanni Agnelli in attendance.

The site currently produces the successful Fiat Ducato, Peugeot Boxer and Citroen Jumper ranges of light commercial vehicles. More than 4.5 million LCVs have been produced at the plant and it employs more than 6,000 people, making it the largest industrial site in Abruzzo. Operating 3 shifts a day, 5 days a week, the plant has a production capacity of around 300,000 vehicles per year.

Fiat Group Automobiles produces LCVs for the Fiat Professional brand at 8 plants around the world, including Sevel, which is the largest plant in its segment in Europe.

Atessa, 9 July 2013.

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