Fiat SpA, the Italian carmaker that controls Chrysler Group LLC formed through a merger in 2009, plans to build a modern full-cycle plant in St. Petersburg, Russia.
The possibility was discussed at a meeting of St. Petersburg Deputy Governor Sergei Vyazalov with Chrysler Group representatives.
The planned facility, estimated at RUR32bn ($1.1bn, or (EURO)824.3mn), should roll out 120 000 vehicles a year.
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