Fiat Chrysler Automobiles NV said on Tuesday it will invest $4.5 billion in five...
FILE PHOTO: A Fiat Chrysler Automobiles sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo
The plants will also create 6,500 jobs in Michigan, Fiat Chrysler said in an announcement, around three months after GM announced it would not allocate new products to five plants in North America that mostly produce less-popular sedan models. GM workers and political officials including U.S. President Donald Trump have blasted GM for the decision which is likely to close those plants.
The automaker said the plans included investments to enable three Michigan plants to produce hybrid and fully-electric Jeep models.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BlackRock, KKR plan $4 billion-$5 billion investment in ADNOC pipeline unit: FTU.S. investment firms BlackRock Inc and KKR & Co Inc are in advanced talks to ta...
Read more »
UAE's ADNOC seals $4 billion pipeline infrastructure deal with KKR, BlackRockUAE's ADNOC signs $4 billion pipeline investment deal with BlackRock, KKR & Co: Twitter
Read more »
UAE's ADNOC seals $4 billion pipeline infrastructure deal with KKR, BlackRockAbu Dhabi National Oil Company (ADNOC) has sealed a $4 billion midstream pipelin...
Read more »
Sanders campaign says it raised over $4 million on first dayU.S. Senator Bernie Sanders speaks during a news conference on “Raise the Wage Act” legislation on Capitol in Washington, U.S., Jan. 16, 2019. The independent senator from Vermont launched his campaign early Tuesday morning with an email blast, earning donations from just under 150,000 people with an
Read more »
Consumer debt hits $4 trillion — a record highHoliday spending, rising student loan balances and a jump in automobile financing at the end of last year helped American debt hit a new high.
Read more »
Microsoft workers demand it drop $480 million U.S. Army contractSeveral Microsoft Corp employees on Friday demanded that the company cancel a $4...
Read more »