Fiat Chrysler Automobiles, lead by John Elkkan, will invest $1 billion in two of its factories in the Midwestern states of Michigan and Ohio to assemble new SUVs which will create 2, 000 jobs.
The American-Italian firm announced on Sunday the Warren Truck Assembly Plant in Michigan will produce the Jeep Wagoneer and Grand Wagoneer, as well as the Ram heavy duty truck which is currently produced in Mexico. It will launch both a Jeep Wagoneer and Grand Wagoneer by 2020. The news come the eve of the Detroit auto show.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
“FCA US is further demonstrating its commitment to strengthening its US manufacturing base, ” the company said, adding that it has created 25, 000 jobs in the country since 2009.
The automaker said that Sunday’s announcement is the second phase of a plan announced in January 2016 to shift the assembly locations of a number of vehicle.
Details about FCA’s massive plant reshuffling plan began to emerge in 2015, ahead of contract talks with the UAW.
FCA CEO Sergio Marchionne said in a statement: “These moves, which have been under discussion with Dennis Williams and the rest of the UAW leadership for some time, expand our capacity in these key segments, enabling us to meet growing demand here in the U.S., but more importantly to increase exports of our mid-size and larger vehicles to international markets, ”
Trump promised in his campaign of creating industrial jobs in the American. This past week he took Twitter to blast automakers with operations or plans to build plants in Mexico.
Fiat Chrysler so far has escaped Trump’s Twitter wrath.