It has been officially announced that Fiat Chrysler Automobiles NV plans to invest a huge amount of money at two Midwest assembly plants for future production of Jeep SUVs. This is actually more than $1 billion. They also aim to create 1000 new jobs.
The automaker is going to invest about $700 million and add 700 work places at the Toledo Assembly Complex North plant for production of the next-generation Jeep Wrangler. The company will also invest $350 million and add about 300 new workers at its Belvidere Assembly in Illinois to produce the Jeep Cherokee.
Production of the Dodge Dart compact sedan and Jeep Compass will end in September 2016 and December 2016, respectively at Belvidere Assembly. Mike Manley, Jeep Chief Executive Officer, said that the next-generation Wrangler will be unveiled in the first half of next year, with the development of the iconic SUV on schedule for 2017.
