Fiat Chrysler to invest $280M in India

moparnut

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Fiat Chrysler is going to invest about $280 million in Fiat India Automobiles Private Limited, its joint venture with Tata. Production in Ranjangaonshould start in the second quarter of 2017.
The plans shown earlier this year call for a new Jeep to be built along with the Jeep Renegade. The Grand Cherokee and Wrangler were supposed to be imported startingthis year, but Grand Cherokee now apparently scheduled for March 2016.
The news was released as a delegation led by the Devendra Fadnavis, chief minister of the Indian state of Maharashtra, met with Jeep CEO Mike Manley at the Chrysler Tech Center in Auburn Hills.
Chrysler Group created an R&D center in Chennai, India, under Cerberus; they have worked extensively on computer modeling, seat structures, and general engineering support. (...) →
Fiat Chrysler to invest $280M in India is from Allpar News.


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