Friday, 16 November, 2018

Fiat Chrysler will move Ram truck production from Mexico to MI

Nellie Chapman | 12 January, 2018, 15:46

At that time, FCA said it would spend $1 billion across two plants: Warren and Toledo where retooling is needed to make a new Jeep Wrangler pickup.

The company also plans to make a special bonus payment of $2,000 to approximately 60,000 FCA hourly and salaried employees in the USA, excluding senior leadership.

That $3.5 billion investment and related actions involved production shifts at three plants in Illinois, Ohio and MI to gain capacity for the Jeep Cherokee, Jeep Wrangler and Ram Light Duty truck, as well as the introduction of three new Jeep models at plants in Ohio and MI.

The move also comes amid continued negotiations over North American Free Trade Agreement negotiations.

New investments announced Thursday by Fiat Chrysler Automobiles include moving the Ram Heavy Duty truck production from Mexico to Warren.

The automaker credits USA tax reform legislation for helping make the additional investment possible.

The plant investment actions announced today are subject to the negotiation and final approval of incentives by state and local entities.

- Wal-Mart Stores Inc, the nation's largest private employer, on Thursday, announced that it will use some of its savings under the new tax bill to provide wage increases, bonuses and expanded benefits to its hourly workers.

$1.5 billion in the Sterling Heights Assembly Plant (Michigan) to build the next-generation Ram 1500 truck.

Vice President Mike Pence, in a tweet, hailed the decision. "Manufacturing is back. Great announcement". The truck is a major source of GM profit and one of the most significant introductions associated with the show.

The Italian-American automaker will pay each USA hourly and salaried employee a $2,000 bonus in the second quarter of 2018.

Miguel Ceballos, FCA spokesman for Mexico, said the company in 2018 and 2019 expects more growth in Mexico, and the moment it stops producing the Ram Heavy Duty pickups it will start to produce the new commercial vehicle, "which still does not have a name", Ceballos said.