NEW DELHI: Tata Motors and Italian ally Fiat Motors are among the five global companies vying for Zastava Auto, the Serbian national automobile manufacturer up for sale this December. Others in the buyers’ list include General Motors, Ford and an unidentified Chinese company.
Zastava Auto—the struggling Serbian government-owned car maker—currently cranks out the Yugo model of cars, besides Opel Astra and Punto, under deals with GM and Fiat, respectively. Its group company, Zastava Kamioni, manufactures small and medium-range trucks.
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Monday, October 8, 2007
Tatas to race global cos for Serbian auto maker
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