Fiat Chrysler to invest $1b on back of US tax reform

Italian-American car maker Fiat Chrysler unveiled Thursday its intention to invest $ 1 billion in a Michigan assembly plant and offer bonuses to tens of thousands of dollars. Employees considered that these measures were possible.

The third-largest US automaker said the investment would help modernize a plant in northern Michigan to "produce the next-generation Ram Heavy Duty truck," by transferring Mexican production to the states. United States by 2020

To cope with the increased volume of production, FCA will add 2,500 jobs – a figure that "exceeds and exceeds" job creations announced a year ago.

Source link