Fiat SpA (FIA.
MI) confirmed on Tuesday plans to have its Italian factories make cars to be sold outside Europe, particularly in the United States, as it looks to counter a five-year slump in European sales.
Fiat, which also runs Chrysler Group LLC in the United States, would not say which models it intends to produce in Italy for the U.S. market. Analysts have said that the models would likely be Jeeps and Chryslers.
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