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VOL. 37 | NO. 2 | Friday, January 11, 2013

Automakers agree to build Jeeps for China market

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DETROIT (AP) — Fiat, Chrysler and a Chinese automaker have signed an agreement to expand manufacturing in China and produce the Jeep for sale in that market.

The companies said the agreement was signed at Chrysler Group LLC's headquarters in the Detroit suburb of Auburn Hills. It was announced Tuesday as Guangzhou Automobile Group Co. discussed its plans during press days at the North American International Auto Show.

A joint venture between GAC Group, Fiat Group Automobiles SpA and Chrysler Group International LLC currently builds the Fiat Viaggio and distributes models such as the Fiat 500, Freemont and Bravo in China. Production of more Fiat models is planned.

The companies say the venture's next step will be to build Jeeps in China for the Chinese market.