Many in the U.S. have been hoping to receive the wildly popular Fiat 500 minicar for the past couple of years but a lack of interest in small cars has largely held it back. Now, with Fiat’s alliance with Chrysler in place the Italian auto giant has a gateway to the lucrative U.S. market and the first model to arrive under the new alliance will be the 500, though it’s launch is still more than a year away.
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The rising value of the yen is making it ever more difficult for the Japanese automakers to turn a profit, which has forced Nissan to shift some of its Japanese production. In a bid to cut global costs and safeguard itself against the rising yen, Nissan will shift some of its production from Japan to Mexico.
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