Cars
Chrysler Invests $1.7 Billion to Build Fiat-Based Jeep in the U.S., Marchionne says Nitro “Should Never Have Been Builtâ€
Chrysler announced today that it plans to invest US$1.7 billion for the development and production of the next Jeep SUV, including a $500 million investment at its assembly plant in Toledo, Ohio, where the new model will be manufactured not just for the U.S., but also for export to all global markets. The plant will be updated with an additional 260,000 square feet added to its body shop, a new quality lab and improvements to its paint shop and material handling facilities.
The Detroit-based carmaker will also add a 26,000-square-foot metrology center to improve fit and finish of the cars and plans to introduce a second shift in late 2013, creating more than 1,100 new jobs in the process.
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Mercedes-benz Starts Production Of New S-class In Sindelfingen [w/video]
Following an investment of around €1 billion ($1.33 billion) in the Mercedes-Benz Sindelfingen plant, Daimler today started production of the new S-Class sedan. Between 2011 and 2014, around €350 million is being invested in the body shop,...
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Gm To Invest $44.5 Million In New Logistics Center At Lansing Grand River Assembly Plant
General Motors today announced that it will invest $44.5(€34.5) million to build a Logistics Optimization Center at the Lansing Grand River Assembly plant. The new facility will create 200 new jobs and will consist of a 400,000-square-foot (37,100-square-meters)...
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Chrysler To Reopen Seven More Assembly Plants By End Of June
About a week after emerging from bankruptcy protection and finalizing a deal with the Fiat Group, Chrysler Group LLC confirmed today that in addition to the reopening of the Dodge Viper's Conner Avenue factory in Detroit on Monday, the firm plans...
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Chrysler To Shut Down Delaware Plant In 2008 And Reduce Production At Toledo
While Cerberus is reportedly talking with GM and Renault (click here for details), Chrysler continues to close factories and lay off workers in its North American sites. Today the American automaker said that it plans to close the Delaware Assembly Plant...
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Chrysler Announces More Than 8,500 Job Cuts Along With Cancellation Of 4-models
Shortly after Chrysler LLC confirmed UAW ratification of labour agreement, the third largest American carmaker announced that it will proceed to a reduction of 8,500-10,000 additional hourly jobs through 2008. Chrysler LLC also revealed plans to eliminate...
Cars