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Source: Automotive News Email Alert
NEW YORK (Reuters) -- Fiat is considering moving production of Alfa Romeo cars and Iveco trucks to the United States and is already talking to U.S. automakers about sharing manufacturing facilities, the Italian car giant's CEO (told) the Financial Times.
Such a move would save money for Fiat, which is suffering from the relative strength of the euro against the dollar, and mark a return of the Alfa Romeo brand to the United States after withdrawing it in 1995.
"I've always had the view that we had to produce in America," Fiat's CEO Sergio Marchionne said in an interview with the Financial Times published on Monday, adding that he planned to start North American production of Alfa cars by 2011 or 2012.
He said Fiat is already talking to Detroit's major carmakers about sharing production of Alfa Romeos in the United States.
Representatives of General Motors, Ford Motor and Chrysler could not be reached for comment on the matter.
NEW YORK (Reuters) -- Fiat is considering moving production of Alfa Romeo cars and Iveco trucks to the United States and is already talking to U.S. automakers about sharing manufacturing facilities, the Italian car giant's CEO (told) the Financial Times.
Such a move would save money for Fiat, which is suffering from the relative strength of the euro against the dollar, and mark a return of the Alfa Romeo brand to the United States after withdrawing it in 1995.
"I've always had the view that we had to produce in America," Fiat's CEO Sergio Marchionne said in an interview with the Financial Times published on Monday, adding that he planned to start North American production of Alfa cars by 2011 or 2012.
He said Fiat is already talking to Detroit's major carmakers about sharing production of Alfa Romeos in the United States.
Representatives of General Motors, Ford Motor and Chrysler could not be reached for comment on the matter.