Fiat-Chrysler CEO says talks with Russia on possible plant continue
TORINO, Italy, March 31
TORINO, Italy, March 31 (Reuters) - Fiat Chrysler is continuing talks with Russia on a possible collaboration that could see the company setting up a new plant there to produce Jeeps and light commercial vehicles, its Chief Executive Sergio Marchionne said on Monday.
"Russia continues to be a market of strategic relevance," Marchionne told a shareholders' meeting.
"The talks with the Russian Federation and Sberbank are continuing. We expect that the segment produced there will include Jeeps and light commercial vehicles ... it could include a locally-based plant." (Reporting by Agnieszka Flak, editing by Valentina Za)
- Islamic State executes soldiers, takes hostages at Syria base: social media
- WHO shuts Sierra Leone lab after worker infected with Ebola
- Talks optimism fades as Ukraine says Russia makes new incursion |
- Gaza truce holding but Israel's Netanyahu under fire at home |
- 'Men in green' raise suspicions of east Ukrainian villagers