UPDATE 2-Fiat Chrysler to add second Jeep assembly plant in Detroit -sources [Reuters]
FIAT CHRYSLER AUTO NV (FCAU)
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Source: Reuters
Fiat Chrysler to add second Jeep assembly plant in Detroit: sources | Reuters 3 Min Read (Reuters) - Fiat Chrysler Automobiles ( FCHA.MI ) ( FCAU.N ) plans to build Jeep Grand Cherokee SUVs in a mothballed Detroit plant in 2020, four people familiar with the plans told Reuters on Thursday. News of the Fiat Chrysler’s new plant leaked on the same day General Motors Co ( GM.N ) Chief Executive Mary Barra was finishing a two-day visit in Washington with lawmakers furious over the carmaker’s plan to close five North American assembly plants next year and cut up to 15,000 jobs due to weak demand for sedans and small cars in the U.S. market. Fiat Chrysler plans to revive Mack Avenue Engine II, which has been idled since 2012, as a vehicle assembly plant to provide additional capacity to build the redesigned Grand Cherokee, including a new three-row version, said the sources, who asked not to be identified. Fiat Chrysler declined to comment. FCA, which phased out production of sedans i
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