Good News You Haven't Heard
The Ram Heavy Duty lineup includes the Ram 2500, 3500, 4500 and 5500, all of which are now built in Saltillo, Mexico.
FCA is moving production of the next-generation Ram heavy-duty pickup truck in 2020 from Mexico to its Warren Truck Assembly Plant in MI where it will be built alongside the new Jeep Wagoneer and Grand Wagoneer. That feeling is so good that it says it will move some of its Ram truck production to MI from Mexico.
The Saltillo Truck Assembly Plant will be repurposed to produce future commercial vehicles for global distribution.
The investment means 2,500 more jobs by 2020 and a $2,000 bonus for the automakers' 60,000 hourly and salaried workers. The current Ram heavy duties are built at the Saltillo Truck Assembly Plant in Mexico.
Warren Truck now builds the latest Ram 1500 pickup, although production of next year's truck will move to Sterling Heights Assembly Plant, which is also in MI.
Fiat Chrysler announced Thursday that it will up its investment in the United States and pay some of its employees special bonuses after the recent tax code overhaul.
Bonuses will be paid in the second quarter this year in addition to profit sharing and/or performance bonuses.
Sucampo Pharmaceuticals (NASDAQ:SCMP) Cut to "Hold" at Maxim Group
ILLEGAL ACTIVITY WARNING: This article was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. JPMorgan Chase & Co. purchased a new stake in shares of Sucampo Pharmaceuticals in the second quarter valued at $117,000.
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It's one of those things where I feel like our fan base has been gearing up all year, and the closer we get, the louder they get. Foles was awfully shaky in place of the injured Carson Wentz and the team fumbled four times , losing two of them.
Eliza Dushku accuses stunt co-ord of underage sexual assault
Kramer told THR that the allegations are "atrocious lies" and that he is already getting death threats because of them. I like to think of myself as a tough Boston chick, in many ways I suppose not unlike Faith, Missy, or Echo.
The company said it will also pay 60,000 of its US employees bonuses of $2,000 each.
The shares could go higher still as investors become more aware of Fiat Chrysler's efficient transition to the new Wrangler and Ram models, Barclays' Johnson said.
FCA CEO Sergio Marchionne says the company should adjust its manufacturing footprint to reflect "improvement in the USA business environment". The company has announced a $1 billion investment into its manufacturing operations and a $2,000 bonus for over 60,000 US workers. That's where the $1 billion plant investment comes in, billed as a modernization of the MI facility.
The move is in part a result of what FCA CEO Sergio Marchionne calls an "improvement in the USA business environment", referring to the new tax laws. This created more than 300 new jobs.
$350 million in the Belvidere Assembly Plant, Belvidere, Ill., to product the Jeep Cherokee, which moved from Toledo, Ohio in 2017. The truck now is assembled in a Mexican factory that will be "repurposed" for another global product, FCA said.
The announcement from the Italian-American automaker comes a day after Japanese automakers Toyota and Mazda announced plans to build a huge, $1.6 billion joint-venture auto plant in Alabama, which garnered attention from Trump. More than 700 new jobs will be added to support production, the company noted.
Fiat Chrysler said its plant investments remain contingent on the final approval of state and local incentives.
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