Foreign Production
Throughout the 1960s and 1970s, Fiat sought to extend its worldwide reach by entering into various collaborative agreements with smaller manufacturers (mostly in developing nations) by licensing the 124 design following its discontinuation in mainstream Western European markets. The best known of these is AvtoVAZ in the former Soviet Union, manufacturer of the Lada – arguably the best known of all the 124 clones, and perhaps better known than the 124 itself. Other versions of the design were developed for various regions around the world, and many are still in production to the present day.
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Famous quotes containing the words foreign and/or production:
“Go to foreign countries and you will get to know the good things one possesses at home.”
—Johann Wolfgang Von Goethe (1749–1832)
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (1872–1933)