Fiat Chrysler Moving Production of Ram Trucks to MI

President Donald Trump speaks during a prison reform roundtable in the Roosevelt Room of the Washington Thursday Jan. 11 2018

In one, he wrote, "More great news as a result of historical Tax Cuts and Reform: Fiat Chrysler announces plan to invest more than $1 BILLION in MI plant, relocating their heavy-truck production from Mexico to MI, adding 2,500 new jobs and paying $2,000 bonus to USA employees!"

The company also said it'll give a $2,000 bonus to 60,000 of its us employees.

The announcement from the Italian-American automaker comes a day after Japanese automakers Toyota and Mazda announced plans to build a huge, $1.6 billion joint-venture auto plant in Alabama, which garnered attention from Trump. The company is expected to announce its next quarterly earnings report on Thursday, January 25th.

Fiat Chrysler will not close its Mexico plant. About 90 percent of the Ram heavy-duty pickups made at Fiat Chrysler's Saltillo plant in Mexico are sold in the United States or Canada, company officials said.

And despite the significant development, announced Thursday, which FCA confirmed will lead to hiring in 2020, auto industry analysts say many jobs will go to autoworkers whose jobs will have been eliminated at other plants and also by shifting temporary workers into full-time roles.

"Companies are coming back to the U.S.in a very big way", he tweeted Wednesday evening. The automaker has retooled the nearby Sterling Heights Assembly Plant to handle the all-new 2019 Ram 1500 light-duty version of its full-size pickup.

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Miguel Ceballos, FCA spokesman for Mexico, said the company in 2018 and 2019 expects more growth in Mexico, and the moment it stops producing the Ram Heavy Duty pickups it will start to produce the new commercial vehicle, "which still does not have a name", Ceballos said. It also engages in the property investment, sourcing, finance, and IT services businesses.

Brian Rothenberg, a spokesman for the UAW, offered cautious praise, explaining that the union had just been made aware of the announcement.

This investment is on top of the $1 billion the OEM committed to invest in the Warren factory previous year to accommodate its Jeep product line, which included building its all-new Jeep Wagoneer and Grand Wagoneer. We are basically Ram county now.

Investment in U.S. Manufacturing Grows FCA has invested $10 billion in its U.S. manufacturing operations since June 2009. That's where the $1 billion plant investment comes in, billed as a modernization of the MI facility. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources.

Alabama's total incentive package to Toyota and Mazda is to top US$700 million after local incentives are added to what the state offered to land the companies' new U.S. factory.

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