Financial Mail

Fiat Chrysler plans Italy-based investment

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Fiat Chrysler pledged last week to spend more than €5bn on new models and engines in Italy between 2019 and 2021. The intention is to fill underutili­sed plants, conserve jobs and boost margins in Europe; 13 new models or restylings of existing models will be launched. A big part of the investment­s will be focused on the developmen­t of electric and hybrid engines.

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