UPDATE 1-Fiat presents Russia vehicle production plan


* Plan to produce 300,000 vehicles a year * To make cars, SUVs, light vehicles under Fiat, Jeep brands * Fiat shrs close up 1.27 pct, underperform sector (Adds details, background, shares) MILAN, Feb 25 (Reuters) - Italy's Fiat SpA presented a memorandum of understanding to the Russian industry ministry on Friday to build cars in Russia, a week after it was ousted from alliance plans. Russian car maker Sollers dropped a joint venture plan with Fiat last week. Sollers is teaming up ...

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