ITALY: Fiat and Suzuki to jointly develop new SUV
Fiat Auto president and chief executive officer Giancarlo Boschetti, of S.p.A., and Suzuki Motor Corporation chairman and CEO Osamu Suzuki on Thursday signed a memorandum of understanding to jointly develop a new sport utility vehicle (SUV). At a press conference in Budapest, Boschetti and Suzuki stressed that the new vehicles will be distinctively styled.
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