FCA to invest $1.05 billion to retool Ohio, Illinois plants to build JeepsThu, 14, Jul 2016
Fiat Chrysler is investing $1.05 billion in assembly plants in Ohio and Illinois to bolster Jeep output. The carmaker will invest $350 million to move production of the Jeep Cherokee from Toledo, Ohio, to Belvidere, Ill., as part of a strategy to revamp its North American manufacturing footprint over the next year and a half to focus on light-truck output in the U.S.
Jeep, Ram drive another gain for FCA as cars collapseFri, 01, Jul 2016
Continued strong pickup and SUV sales boosted Fiat Chrysler's sales 6.5 percent in June, despite a collapse in the automaker's car sales.