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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