UPDATE 1-Chrysler eyes 40,000 China vehicle sales in 2011

Newswire

* Fiat joint venture may make Jeeps in China * Aims to add 50 dealers in China this year CHELSEA, Michigan, June 23 (Reuters) - Chrysler LLC, which is managed by Italy's Fiat SpA , expects to sell 40,000 vehicles in China this year, up from 31,000 in 2010, an executive with the No. 3 U.S. automaker said. The company is "aggressively" exploring the possibility of having Fiat's China joint venture add local production of Jeep vehicles in the world's largest auto market, said Mike Manley, ...

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