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Fiat Chrysler announces $4.5bn US investment

The carmaker Fiat Chrysler has announced a major new investment in the United States, which will create 6,500 jobs in the state of Michigan. It will also see the first new assembly plant opened in Detroit in nearly 30 years. Also today, shares in Air France-KLM slump after the Dutch government announced plans to increase its stake in the airline group.

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