FCA confirms 5 bn Italy investment plan

(ANSA) - Turin, March 5 - Fiat Chrysler Automobiles CEO Mike Manley on Tuesday confirmed a five-billion-euro investment plan for Italian plants.
    Speaking at the Geneva Motor Show, Manley said "the financial targets up to 2020 have been confirmed".
    "The future of FCA is independent, but open to assessing opportunities".
    As for Maserati, "it is not for sale, it has an incredible future".
    Manley also said it was "false" that the Italo-American carmaker was skeptical about electric cars.
    "There are those who think that FCA is skeptical about electric cars.
    "Nothing could be further from the truth and today's presentations show that", he said presenting the concept C-suv Alfa Romeo Tonale, which will be produced at Pomigliano, the prototype of the new Panda and those of the new hybrid versions of the Jeep Renegade and the Compass.