Fiat to Spend $1.33 Billion on Two SUVs to Boost Capacity Usage

Fiat to Spend $1.33 Billion on Two SUVs to Boost Capacity Usage

Alessia Pierdomenico/Bloomberg

The carmaker plans to increase production of Fiat and Chrysler cars in Europe to 2 million cars a year in 2016 from 1.25 million this year.