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Report: Fiat Bringing Jeep Brand to Russia
Fiat has announced an agreement with Russian automaker Sollers to bring its newly-acquired Jeep brand to Russia. Two automakers have formed a partnership that will see Sollers produce Jeep models in Russia, where there is significant demand for small SUVs.
Two models said to be part of future production plans include the Compass an Patriot, which will come with 2.0-liter and 2.4-liter gasoline and diesel 4-cylinder engines.
The Fiat-Sollers plant, located 600 miles east of Russia is where the Jeep models will be assembled. With a total production capability of 500,000 units, Jeeps are expected to account for roughly 150,000 units annually.
The move is part of a larger plan by Fiat to introduce Chrysler brand products to new markets throughout the world in order to eventually take full control of Chrysler.
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