AP Source: Chrysler will invest in Mich. plant - KWWL - Eastern Iowa Breaking News, Weather, Closings

AP Source: Chrysler will invest in Mich. plant

DETROIT (KWWL) - A person briefed on Chrysler Group LLC's plans says the automaker will announce plans on Thursday to invest millions in a Michigan factory to build fuel-efficient four-cylinder engines from Fiat.



Chrysler and Michigan Gov. Jennifer Granholm have scheduled a news conference to announce the investment in the Dundee, Mich., plant south of Detroit. The person did not want to be identified because the official announcement had not been made.

Chrysler will create 155 jobs building a 1.4-liter engine that will power the Fiat 500 subcompact and other Chrysler vehicles.

Michigan approved a $4.6 million, 10-year tax credit for the $179 million investment last month.

Italian automaker Fiat took control of Chrysler after it emerged from bankruptcy protection in June.

Online News Director Nate Leding

Powered by Frankly