 |
|
|
Something new in your business? Click here to submit your business press release Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery |
|
|
Fiat, Chrysler CEO says Detroit-area car plant to shut 30 days [January 30, 2014] MILAN / DETROIT (Reuters) — Chrysler and Fiat SpA <FIA.MI> Chief Executive Officer Sergio Marchionne said on Wednesday the Sterling Heights, Michigan, car assembly plant will be shut for 30 days to prepare the Detroit-area plant for production of the new version of the midsize sedan Chrysler 200. |
|
The new car, which is key to Chrysler's return
as a viable competitor in the big U.S. midsize sedan market,
will begin selling near the end of the first quarter, Marchionne
said. Marchionne also said Ram pickup truck production capacity can be
increased by 15 percent to 20 percent without building a new
plant. He said there are no plans to build another Ram truck
plant in the United States or Mexico. Marchionne made his comments during a conference call with
industry analysts on full-year 2013 and fourth-quarter financial
results. Also on Wednesday, Fiat and Chrysler announced that a merged
company will be called Fiat Chrysler Automobiles. (Reporting by Agnieszka Flak and Stefano Rebaudo in Milan and Bernie Woodall in Detroit) [© 2014 Thomson Reuters. All rights reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|
 |
|
|
|
|
|
|
