Fiat Plans to Build a Factory in the Soviet Union
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Diplomacy, International Relations, Foreign Affairs, Economics
- Subcategories: Business, Industry, Manufacturing, Factories, Automobiles, Cars, Transportation
- Curriculum: Italian History, 20th & 21st Century European History, Russian/Former Soviet States History
- Geographical Location: Soviet Union, Russia, Europe, Italy
- Date: May 4, 1966
Article abstract: Fiat, the major Italian auto company, built an assembly plant in the Soviet Union, causing American anxiety over technology transfers and beginning an era of East-West economic cooperation.
Summary of Event
On May 4, 1966, the Soviet Union and the Italian automobile manufacturing company Fiat signed an agreement to permit construction of the Volga Automobile Assembly Plant in Togliattigrad (or Togliatti or Tolyatti), a town formerly called Stavropol and located on the Volga River near Kuiybyshev. The plan was for the plant to produce...
[The entire page is 1987 words long]
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