Production of Fiat Chrysler’s New Alfa Romeo Giulia Sedan Could Boost Italy’s Sluggish Economy

Fiat Chrysler's (FCAU) - Get Report new Alfa Romeo Giulia sedan is expected to create 3,400 jobs in Italy. According to The Associated Press, Fiat Chrysler is looking to expand output in Italy and Renzi said the manufacturing will be a boon to the Italian economy, which grew only 0.8 percent in 2015. Shares of Fiat Chrysler lost 3 percent on Thursday. TheStreet's Scott Gamm reports from Wall Street.