Fiat May Shift Italy SUV Production to U.S.

Strengthening euro makes it less attractive to build products destined for the U.S. in Europe.

Fiat SpA, the Italian carmaker which controls Chrysler Group LLC, may shift planned production of Jeep and Alfa Romeo brand sport-utility vehicles from its oldest plant in Turin to North America and build a small city car at the factory instead, a person familiar with the matter said.

Fiat may assemble a yet-to-be built subcompact car at the Mirafiori plant after the strengthening euro against the dollar made the possibility of building SUVs mainly destined for the U.S. a less competitive option in Europe, said the person, who declined to be identified before an official announcement. A final decision hasn’t been made, the person added.

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