Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs

DETROIT (Reuters) – Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that lowers the risk to the automaker’s profit should President Donald Trump pull the United States out of the North American Free Trade Agreement.

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Posted Under: CBOR News