UPDATE 1-Fiat agrees three-way deal to make Jeeps in Russia

Newswire

* Venture will produce up to 120,00 vehicles a year * Production at new Fiat plant to start 2014 * Sberbank to take stake of up to 20 percent (Adds details) MILAN, Feb 28 (Reuters) - Fiat and Chrysler said they have entered a joint venture with Russia's Sberbank to produce and distribute Jeeps and Chrysler-branded vehicles in high-growth Russia, filling a gap in the Italian firm's geographical reach. Sberbank intends to finance the project with up to 850 million euros ($1.14 billion) and ...

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