Chrysler: 114 million investment to re-open a factory in Michigan

As soon as reported by Automotive News, Chrysler today announced an investment of $ 114 million which will reopen with an engine plant in Michigan, which was partially closed during the past month of May. Plant, to Trenton North, you will start making components for the new V6 Pentastar which are assembled in a factory nearby, the South of Trenton.

The result will be the creation of 268 new jobs. The new six-cylinder American is currently produced, in addition to Trenton South, even in Saltillo. The decision to increase the flow of the components was necessary to meet demand which covers the engine. Today, this 3.6 V6 is already exploited by ten models of the Chrysler Group, and has a future with an international outlook, which will see him by several models of Fiat Group.

Fiat now owns 30% of Chrysler

Fiat has increased in prices of Chrysler by 5%. Now owned by Fiat shares are 30%. This was made possible because Fiat has missed some agreements with the Government of the United States of America that have sold 5% stake. Now the goal is to get Fiat to 35% of the total, and the home of the Lingotto, reaching its quota, will produce cars to "40 share" for the American market.

These are vehicles that can travel 40 miles, just over 64 km, with a single gallon of gas, just under 4 liters. The climbing part of Fiat Chrysler in 2009 when the company was awarded the Italian 20% of the shares by taking control of the company after the failure funded by the government.

Chrysler: still doubtful about the headquarters

Most likely not happen if the merger between Chrysler and Fiat headquarters of the Chrysler group will be moved to the United States. The seat most of all seems to be the one chosen by CEO Marchionne is Detroit, but this occurs so that there will be specific conditions. First of all, the refinancing of debt incurred by Chrysler with the U.S.

government, then the acquisition of majority stake in Chrysler and the end of the quotation mark on Wall Street. Only after the completion of the merger and after you check the above conditions can be transferred from Turin headquarters in Detroit. Probably the one to whom we run is a group with multiple heads, each of which focuses on the market in countries where it operates.

• Ahead of IPO, Fiat-Chrysler hints at changes to come (25/03/2011)
• Italy: Fiat suspend eur 500m investment at ex-Bertone plant (23/03/2011)
• Fiat cleared to buy up Chrysler (09/06/2009)
• Fiat's stake in Chrysler increases to 25% from 20% (10/01/2011)
• Italian renaissance (24/03/2011)

Chrysler (homepage)  Chrysler (wikipedia)  

The Alfa Romeo 4C lands in America

After debuting its world premiere at the Geneva Motor Show 2011 Alfa Romeo 4C is preparing to invade the American market. In fact, the 2012 Alfa Romeo 4C will come on the market at the stars and stripes along with Julia and a mid-size SUV. The Alfa Romeo 4C will be exhibited and sold in dealerships Fiat - Chrysler in America and it is a return home after the Alfa 8C Competizione.

Last year, exploiting the fact dealers Maserati Alfa Romeo Spider and 35 gave 84 coupe. The production of the Alfa Romeo 4C will be limited and the project is to produce 15-20 thousand units in five years. It should also get a convertible version to Abarth and the starting price would be around 45 thousand euro.

• Alfa Romeo 4C (09/03/2011)
• Report: Alfa Romeo 4C headed to American showrooms, Abarth version to follow (07/03/2011)
• Alfa Romeo 4C Concept: America Bound? (02/03/2011)
• Five Second Speedsters - The Alfa Romeo 4C Concept Will Leave You in the Dust (TrendHunter.com) (03/03/2011)
• 2011 Alfa Romeo 4C Concept (05/03/2011)

Alfa Romeo (homepage)  Alfa Romeo (wikipedia)  Quantum of solace - Alfa romeo 159 (youtube)  United States (geolocation)  United States (wikipedia)