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Fiat Chrysler to invest $540 million in new engines for Alfa Romeo

2015-04-08 22:19:16| Automakers - Topix.net

The carmaker plans to invest 5 billion euros in Alfa Romeo to boost sales more than fivefold to 400,000 vehicles in 2018 by adding eight new models and ramping up production. The engines, to be produced at the group's Termoli factory in southern Italy, include an advanced high output four-cylinder engine developed for Alfa Romeo, the company said.

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