Jeep is set to get a multibillion-dollar overhaul that will expand the product range, boost its overseas presence and knit the fortunes of Jeep and US parent Chrysler even more closely with those of Italy's Fiat
, Reuters has reported, citing industry sources. Fiat, which took management control of Chrysler after the US automaker's 2009 bankruptcy, plans to broaden the Jeep stable from four to at least six nameplates by 2016. Three of those future Jeeps will be built on Fiat platforms, and several will share their underpinnings with companion models from Fiat and its premium European brands, Alfa Romeo and Maserati, said two industry sources familiar with Chrysler's and Fiat's future product programmes.
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