Posted by mike on 2003/12/19 0:00:00 (971) reads
What does $2.1 billion buy? Lots more Jeeps.
It seems that DaimlerChrysler has decided to invest some big bucks into Ohio - the first step in a bevy of new Jeep nameplates...
The Toledo Jeep Assembly Plant would benefit from an investment of up to $2.1 billion, would double its product offerings to four vehicles, and would become a pioneer in the U.S. auto industry by allowing suppliers to do some assembly work under a tentative labor agreement reached yesterday.
Chrysler would spend about $900 million on the local Jeep complex to build four vehicles, apparently starting with a redesigned Jeep Wrangler in 2006, according to an agreement summary that the UAW negotiating committee gave workers yesterday.
Check out the entire article.
You can also check out additional information about this development here.
The comments are owned by the poster.
We aren't responsible for their content.
You must login or register to post a comment.