The iconic American Jeep brand will be manufactured in China and Italy's Fiat will also build more cars there through an expanded partnership announced Tuesday with Chinese carmaker GAC. Guangzhou Automobile Group is already building the Fiat Viaggio and distributes imported models such as the Fiat 500, Freemont and Bravo in China. The expansion will begin with introducing more models from the Fiat portfolio to China "in the coming years," the automakers said in a press release. "After Fiat, the next brand planned to be localized by the GAC Fiat joint venture will be Chrysler Group's Jeep brand," the automakers said, noting this will include "production in China for (the) Chinese market only." Chrysler's Jeep brand is currently exporting US-made vehicles to China and last year posted record sales both in China and worldwide. The new deal "creates the basis for our JV to reach very ambitious objectives in Chinese market," said Zeng Qinghong, general manager of GAC Group. Mike Manley, who heads both the Jeep Brand and Fiat's Asian operations, said the expansion "will allow us to unleash the potential of both our Fiat and Chrysler Group brands in China." GAC and Fiat incorporated the joint venture in 2010 and launched the locally-built Viaggio in China in September. GAC Fiat Automobiles is located in Changsha economic & technical development zone and handles the research and development, manufacturing, sales and after-sales services of vehicle, engines and parts & components. The plant will have an annual production capacity of 140,000 vehicles in Phase I and will expand to an annual capacity of 250,000 to 300,000 vehicles in Phase II. It currently is producing the Fiat Viaggio and the 1.4T-jet engine.
GMT 15:26 2017 Friday ,22 December
VW sacks executive jailed over 'dieselgate': reportGMT 12:54 2017 Friday ,22 December
Baidu accuses former exec of stealing self-driving car technologyGMT 17:41 2017 Wednesday ,06 December
UK car sales extend slump: industry bodyGMT 14:49 2017 Sunday ,19 November
US rejects Ford petition to delay recall of 3m vehiclesGMT 19:06 2017 Wednesday ,08 November
BMW revs research spending higher, profits fishtailGMT 10:33 2017 Tuesday ,24 October
Singapore to freeze number of cars on its roadsGMT 13:26 2017 Tuesday ,17 October
Tesla sacks hundreds of workers on Model 3 stall: sourceGMT 21:18 2017 Saturday ,07 October
Tesla delays big rig truck debut; Model 3 in ‘production hell’Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor