FCA will invest over $250 million in India

Italian-American carmaker Fiat Chrysler Automobiles is going to invest $250 million to manufacture four new “Sport Utility Vehicles (SUVs)” in India. The SUVs, which are going to launch in 2021-2022 will include a Jeep Compass and a three-row Jeep SUV, which the company said is an all-new car in its global portfolio. “The three-row, seven-seater, mid-size Jeep SUV, which is codenamed H6, is planned for a commercial launch in 2022”, FCA group added.