Chrysler Invests in Engine Plants

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Chrysler is planning on investing 1.2 billion dollars in their plants for commercial vans and engines.

According to an article on the Washington Post, Sergio Marchionne, CEO of Chrysler, announced the plan for a rather large investment into their plants in Saltillo, Mexico. The Van Assembly Plant costed Chrysler about 1.1 billion to build and has been making the Ram ProMaster van since July. With this large investment, the plant is expected to reach 1,100 employees by the end of the year.

That’s not the only plant getting more resources to work with. At the Saltillo North Engine Plant, Chrysler will spend 164 million for additional workers on a new production line. This will be used for production of the Chrysler Tigershark four-cylinder engine starting early next year. The engine is currently being used in the Dodge Dart and the Jeep Cherokee.

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Chrysler Making First Ever “Small SUV”

Chrysler Logo on Chrysler 300

Chrysler has been making headlines of late thanks to the company filing for an IPO. It’s all boring and complicated speak that is good in a conference room full of people who speak of such things on a daily basis, but to people interested in the cars, it’s a foreign language. Thankfully though, some people are being able to scour through the wording of the IPO filing and discovered some hidden gems buried in the avalanche of lengthy words.

USA Today was one such scavenger that found a little tid-bit in the filing. Chrysler just let it be known that they are working on a first ever small SUV. This new vehicle will be based on the same platform that the Dodge Dart is using. That’s pretty much where the information ends, Chrysler didn’t have anything else to say about the matter.

In the same filing, the rumor that Chrysler is downsizing its redundant platforms seems to be true. In 2010 the auto company had 11 platforms and will be reducing that number to nine before the end of next year.

The filing also shows how well Chrysler has recovered since the infamous bankruptcy. In 2009, when the company was going through reorganization, Chrysler reported that 70% of their dealers were profitable. This year, that number increased to 88%.

The future is bright for Chrysler as it looks to increasing its presence in the North American auto business and world-wide. They are taking the necessary steps to ensure that the Chrysler name could very well be the top dog of automakers in the years to come.

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Chrysler Invests $52 Million In Michigan Plants

Dodge Dart - 01The news coming out of Michigan has been bleak of late. The looming bankruptcy and the freefall the state has been in for years have been headline news for so long. That’s why it’s such a refreshing moment to see the opposite of that, some good news about a company investing into the Michigan economy.

That company is Chrysler and that investment is $52 million into two of their plants in Michigan. The reason is to meet the increase of demand being placed on their four-cylinder engines.

The engine is the Tigershark, the one currently being used in the Dodge Dart and will probably be used in upcoming Chrysler vehicles.

$40.5 million goes to the factory in Dundee to convert the assembly line to make it capable of producing cranks, heads, and engine blocks for the Tigershark engine.

The rest of the money, the $11.5 remaining of the total sum, is for the Trenton North plant and will increase the plants workforce by 298 jobs. This new influx of workers will make increased production possible.

The Dart has been picking up popularity since it was first unveiled last summer. Chrysler seems to be getting ready for not only more and more Darts to be wanted by the driving public, but also for the engine to see use in many of their upcoming catalouge. One step closer to seeing what they have planned.

For more information on the Dodge Dart and other Chrysler products, contact us at Bayside Chrysler Jeep Dodge. We operate in the Bayside Queens area of New York. Be sure you like us on Facebook and follow us on Twitter to see more Chrysler news!