On the modernization of the jeep plants invest $ 1 billion

Alliance Fiat Chrysler Automobiles (FCA) announced its intention to spend more than one billion dollars to modernize Jeep plants. It is also planned to create a thousand additional jobs at these enterprises.


It is known that $ 350 million from this amount will be sent by the FCA to the plant in Belvidire, Illinois, where Jeep Compass and Jeep Patriot SUVs are going to, as well as Dodge Dart sedan. Compass and Patriot will complete in September of this year, and Dodge Dart will stop collecting in December. After that, the plant will move the assembly Jeep Cherokee, which is now produced in Toledo (Ohio).

The company will spend $ 700 million to modernize the plant in Toledo. Now it collect Wrangler SUV. Next year, this enterprise will begin the production of this new generation of model.

At the end of this year, Fiat Chrysler Automobiles presented an updated development plan. So, in 2018 Jeep sales should increase from 1.2 million to 2 million cars. The new strategy is based on current trends in the US car market. According to him, due to lower fuel prices, Americans are moving from sedans to pickups and SUVs.

Earlier it was reported that the new SUV Jeep Grand Cherokee Trackhawk will give out more than 700 horsepower.