Fiat announced last month it plans to build a new subcompact Jeep in Italy to be sold in the United States and around the world. Fiat, which is now Chrysler’s majority owner said it expects production of the vehicle to begin in 2014 after it invests 1 billion Euros, or $1.3 billion to get an Italian production plant up and running. The new Jeep is expected to be smaller than the compact Jeep Compass and Jeep Patriot built in the United States. Read more at the Detroit Free Press.
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