Current plans call for a new plant to build up to 120,000 Fiat and Jeep vehicles annually.
VIENNA – Fiat, its potential Russian joint-venture partner Sberbank Rossii and the government of St. Petersburg postpone the signing of an agreement to construct a car plant in the northern Russian city. Following a letter of intent signed between Fiat and Sberbank in February, plans called for the signing of a final agreement at the St. Petersburg International Economic Forum that takes place June 21-23. “The sides did not have enough time to agree on the contract. This is ...
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