Auto News: Integration of Alfa Romeo and Jeep Accelerated

Fiat-Chrysler CEO announces one-billion euro investment in historic Mirafiori plant to build C- and D-segment vehicles for Jeep and Alfa Romeo.

By AT Staff

Chrysler's future product plans have come into sharper focus with the late-November announcement in Turin that Fiat and Chrysler are planning a one-billion euro ($1.3-billion) investment in Fiat's Mirafiori plant to produce C- and D-segment sedans and SUVs for its Alfa Romeo and Jeep brands before the end of 2012. The investment, announced on 26 November by Fiat-Chrysler CEO Sergio Marchionne in a speech to four Italian unions, will ultimately boost production to 280,000 units annually. And it will require increased employment in exchange for productivity