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. Last Updated: 07/27/2016

Fiat Eyes SUV Production in Russia

Italian carmaker Fiat would like to launch production of a sport utility vehicle in Russia, its chief executive Sergio Marchionne said Thursday.

“Our dream is to make a jeep in Russia,” Marchionne said.

“SUVs are in very big demand in Russia given that we have yet to build a big number of roads,” said Putin, referring to the often-disastrous state of Russia’s roads, which is seen as one of its key economic problems.

Marchionne said Fiat would further develop further its partnership with midsize Russian carmaker Sollers, with whom it already plans to produce small and midsized Fiat cars.   

(Reuters)