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Maserati to get Ferrari-powered Grand Cherokee

Maserati will get its own SUV model next year, built on the platform of Jeep Grand Cherokee at the Chrysler Group plant in Detroit, the companies announced Tuesday.

Sergio Marchionne, the CEO of Jeep parent Chrysler Group and Maserati parent Fiat, said  that the new vehicle will debut in 2012 and that it will contain an engine designed by another Fiat unit, Ferrari. Get the full story »