Johnlodge Member Username: Johnlodge
Post Number: 8151 Registered: 10-2003
| Posted on Wednesday, August 13, 2008 - 8:36 am: | |
http://ap.google.com/article/A LeqM5guDyghvxN4nVCrN-CtX3TXIFt 3wQD92HD2V80
quote:TRAVERSE CITY, Mich. (AP) — Chrysler LLC Vice Chairman Tom LaSorda says his company will invest $1.8 billion into a Detroit assembly plant, retooling it to make a new car-based sport utility vehicle. LaSorda told Detroit radio station WWJ-AM early Wednesday the money will go for tooling and a flexible body shop at the Jefferson North Assembly Plant. That plant now makes the Jeep Grand Cherokee. The new vehicle will be more fuel efficient than the truck-based Cherokee and will be equipped with the company's new Phoenix line of fuel-efficient engines. LaSorda says the factory should be retooled by the end of next year and will start cranking out the new vehicles early in 2010. Good news during hard times. |
Johnlodge Member Username: Johnlodge
Post Number: 8152 Registered: 10-2003
| Posted on Wednesday, August 13, 2008 - 8:41 am: | |
http://www.wwj.com/Chrysler-Pl ans-New-Investment-In-Jefferso n-North/2776871 Just slightly more info. |
Digitalvision Member Username: Digitalvision
Post Number: 1089 Registered: 11-2003
| Posted on Wednesday, August 13, 2008 - 9:52 am: | |
Detroit +1 |
Mackinaw Member Username: Mackinaw
Post Number: 5255 Registered: 02-2005
| Posted on Wednesday, August 13, 2008 - 10:37 am: | |
Great news. We have to hope and pray that more investment like this continues for the major auto facilities in the City, as places like this and Poletown changed the face of their respective neighborhoods when they were built. You would hope there is ongoing payoff-- in a big way-- for the City since it lost so much to allow for the facilities. This is return on investment, and also good news from an employment standpoint. $1.8B is a hell of a lot. It appears that construction has been ongoing in the SE corner of the plant already-- probably part of this? |
Gravitymachine Member Username: Gravitymachine
Post Number: 2235 Registered: 05-2005
| Posted on Wednesday, August 13, 2008 - 12:43 pm: | |
sounds great, but why the fuck are they going to build another cross-over/car-based suv?! (Message edited by gravitymachine on August 13, 2008) |