Fiat To Start Producing Jeeps in Italy

Sergio Marchionne, chief executive of Fiat SpA and Chrysler Group LLC, outlined plans Friday to build cars and SUVs for the Jeep and Alfa Romeo brands at a plant in Turin, Italy.

The $1.3 billion venture, whose cost will be split between the two carmakers, marks a further step in the integration of their product planning and manufacturing.

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