Fiat, which controls Chrysler, plans to invest in its flagship Mirafiori plant in Turin, Italy, to produce Maserati SUVs, reports The Associated Press.

The automaker signed a contract with unions. UILM regional union leader Maurizio Peverati said the investment sum and plans will be discussed in coming days, according to the news report.

The investment will convert the plant to build a Maserati SUV and another model to be announced.

Production of the Maserati is to begin next year for release in 2015.

Source: The Associated Press via The Detroit News

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