The ZMW deal fell through so Yugos will not be coming to the US.
They will build a new Yugo though, in fact they have already started building them. It is called the Zastava 10 and is actually a license-built Fiat Punto. For you Americans, the Fiat Punto is a small Italian hatchback and it is one of the most common cars in Europe. If you know anything about the history of the Yugo, you know Zastava actually started building Fiat designs under license, then gradually modified them and the Yugo was born. The Zastava 10 will not be available in the US but will be exported all over Europe, and is expected to do well as it is basically a Fiat Punto but will sell cheaper than the real Punto due to the lower cost of labor than in Italy. Selling price will be somewhere around 7000 Euros for a base model. The base model will have a 1.2 L engine and the other version will have a 1.9 L diesel.
Who knows, maybe one day they will again resume sales to the US, but for now there is no such plan.
Anyways here are pictures of it:
