Fca will invest a billion dollars in the Usa, 2,000 jobs – The Republic

DETROIT – the Fca will invest a billion dollars to the United States by 2020, creating 2,000 new jobs. The announcement comes a few hours after the opening of the Detroit auto show, at a time when the automotive industry is under pressure from the president-elect, Donald Trump, who has criticized General Motors, Ford and Toyota threatening the imposition of customs duties on imports of cars from Mexico.

The move of the house the Italian-american puts under the spotlight the title Fiat Chrysler to Piazza Affari, where investors seem to be rewarding the drawings of the ceo of Fca, Sergio Marchionne, with purchases on the action (follow live).

“we Continue to strengthen the United States as the hub global manufacturing for those vehicles essential for the market of the suv,” says the ad Marchionne. The investment will be destined to renew the system of Warren, Michigan, and Toledo, Ohio. The first will be the Jeep Wagoneer, and Grand Wagoneer and will be appropriate to the manufacture of the pickup Ram currently allocated in Mexico. In the other it will produce the new pickup up the Jeep.

The United States is the largest market in the world for suv’s and pickups, but the expansion of the line Jeep will allow the Fca to internationalise the brand, and the export in other markets, where, so far, has not had access to limits to production.

The Detroit auto show, during which the chief executive officer may provide updates on the achievement of the objectives to 2018, marking the end to the era of Barack Obama, and opens, in the sign of the uncertainty, the Trump among his tweets condemnation of the automobile and the threat of tariffs, against the background of protectionist policies. In the face of this uncertainty, the automotive industry is moving cautiously and waiting for it to clarify the policies of the president-elect, especially on Nafta, the free trade agreement between the United States, Mexico and Canada. Mexico is one of the targets, go to Trump, who wants to renegotiate the agreement and bring back jobs to the States.

Topics:

fca

cars

Starring:

Sergio Marchionne