Manufacturing

FCA bets $4.5 billion on Michigan to build new Jeep models

Mack rendering
A rendering provided by FCA of what the new Mack Avenue Assembly Complex would look like once FCA invests $1.6 billion to convert the two plants, adding 3,850 new jobs to support production. (FCA )
NC
By:
NICK CAREY
R
By:
Reuters
|
February 26, 2019 04:50 PM
Mack rendering
Mack rendering A rendering provided by FCA of what the new Mack Avenue Assembly Complex would look like once FCA invests $1.6 billion to convert the two plants, adding 3,850 new jobs to support production. (FCA )

DETROIT -- Fiat Chrysler Automobiles said on Tuesday it will invest $4.5 billion in five plants to build new models of Jeeps, hoping to bolster the brand so it can compete more effectively in the lucrative market for large SUVs and crossovers currently dominated by General Motors and Ford Motor Co.

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