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Title : New Alfa Romeo crossover to be based on Jeep Compass
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New Alfa Romeo crossover to be based on Jeep Compass

Fiat Chrysler (FCA) has confirmed it will spend over €5 billion ($7.7 billion) on new products and drivetrains to be produced at its Italian factories. The automaker met with union officials last week to outline its updated production plans over the next three years, which it hopes will return the company's Italian factories to full employment.

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