Fca, Manley bets on Brazil

Wed, 22 May 2019 23:43:15 +0200

NEW YORK, MAY 22 - Fca is betting on Latin America and Brazil in particular, where it will introduce new models and expand the two existing plants as part of a $ 4 billion plan to regain market share in the country.
This was stated by Fca administrator Mike Manley, according to the Bloomberg news agency. A goal that Fca intends to pursue by increasing its investment plan in South America by 20 million dollars to 2024. "We want to make sure that Fiat remains very strong in Brazil," says Manley. "The Fiat brand is central to our business," he adds.