Italy’s Fiat SpA (F.BIT) plans to produce a second model in China in order to increase its presence in the world’s biggest auto market, where its sales trail far behind those of its competitors, The Wall Street Journal reported, citing an anonymous source. Fiat will show the Ottimo model at the Guangzhou motor show on Thursday. The hatchback is derived from the Viaggio sedan, which is the only other model that it builds in the country. Fiat will build the vehicle at the Changsha plant it shares with joint-venture partner Guangzhou Automobile Group (2238.HKG; 601238.SHA).
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