By on May 22, 2019

Image: FCA

Detroit City Council wrapped up a lengthy day of voting and approvals Tuesday, paving the way for a $2.5 billion Fiat Chrysler investment in two east-side assembly plants.

Part of the deal involves a complex series of land swaps benefitting both FCA and the land-rich Moroun family, plus a raft of tax incentives bound for the automaker. It’s a good thing FCA didn’t target its investment at New York City. (Read More…)

By on February 26, 2019

2019 Ram 1500 Classic Warlock_1

Fiat Chrysler’s Tuesday announcement will surely make it the darling among domestic automakers, especially in the eye of a certain American president.

To fund the creation of new and next-generation models, most of them Jeeps, FCA is committing $4.6 billion to numerous Michigan plants, $1.6 billion of which will flow to Detroit’s Mack Avenue Engine Complex (soon to become a vehicle assembly plant). Among the vehicles funded with this promise are the long-awaited Jeep Wagoneer and Grand Wagoneer. Oh, and there’s another new Jeep on the way.

Another tidbit: FCA really likes the extra cash brought in by the old-generation Ram 1500 Classic. The model, seen above in Warlock trim, will soldier on. (Read More…)

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