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Jul 28, 2016

FIAT-Chrysler * USA: Trucks factory in Detroit

* Michigan - Fiat Chrysler shifts Detroit-area plant from cars to trucks

--- Fiat Chrysler says it will sink $1.5 billion into a suburban Detroit factory as it retools plants to make more trucks and SUVs and stops producing small and midsize cars... The investment is part of a series of moves to increase Jeep and Ram production and cease manufacturing of smaller cars. Eventually, that plant will be retooled to produce the Jeep Wagoneer or Grand Wagoneer, an SUV that's larger than the Jeep Grand Cherokee... The moves come as the U.S. auto buyers continue to shift away from cars toward trucks and SUVs. Trucks and SUVs accounted for almost 58 percent of U.S. sales, while cars were 42 percent. The truck and SUV market share is two percentage points higher than a year ago... 
(Photo: Fiat Adds 800 Workers at Chrysler 200 Factory in Sterling Heights, Michigan)  --  Detroit, MICH, USA - AP/The Star Tribune - Jul 26, 2016

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