The Fiat Chrysler Automobiles (FCA) made an announcement that they will invest $1 billion in repairing its plant in Michigan and Ohio to build the Jeep Wagoneer, Grand Wagoneer and a Jeep pickup 2020. This will open 2,000 job opportunities in the United States.
According to the Detriot News, the Warren Truck Assembly Plant in Michigan is set to be retooled and modernized for the upcoming new Jeep vehicles. As of now, there is no definite time as to when those SUV's will be available in the market.
FCA's Grand Wagoneer is speculated to take a price up to $100,000 and compete with the Range Rover. The Warren Truck Assembly Plant in Michigan will be responsible for building this vehicle and will also take the task for the production of Ram pickup trucks. However, it will be moved to the nearby Sterling Heights Assembly plant once the next-generation truck is introduced.
The South Plant of the Toledo Ohio Complex will also be under improvements in order to produce the all-new Jeep pickup which is said to be based on the Jeep Wrangler. "The renovation of our industrial footprints completes this stage of our transformation as we respond to the shift in consumer tastes to trucks and SUV's as we continue the U.S. As a global fabricating hub for those vehicles at the heart of the truck and SUV market," Sergio Marchionne, Chief Executive Officer of FCA N.V. said.
Marchionne also said that moving the plant means FCA will finally be capable to successfully penetrate markets other than the US FCA states, and it is still negotiating the government and final approval incentives for the investment. The vehicles arrival will probably in 2018 as promised and riding on an updated version of the Grand Cherokee's platform. The possibility of starting the production is expected to be at the end of 2017.