Russia: Fiat close to signing US$1.1bn investment deal

Russia's Ministry of Economy has said that Fiat SpA may finalise a deal this week to invest US$1.1bn in Russia. This investment will go towards producing 120,000 cars per year in the country. "We have prepared the agreement. It will be signed later this week. The agreement is based on an Subscribe to Automotive World … Continued

• By Webmaster
• June 2, 2011