TIPTON, IN—Chrysler is investing $162 million at its assembly plant here to produce nine-speed automatic transmissions for front-wheel-drive vehicles. The project is expected to create 850 jobs.
DETROIT—Fiat is planning to acquire 100 percent of the Chrysler Group by purchasing the 41.5 percent of shares in the company held by the UAW. Fiat currently owns 58.5 percent of Chrysler.
DETROIT—Chrysler has reinstated a number of employees from its Jefferson North assembly plant here who were discharged in September 2010 after they were caught consuming alcohol on a break.
BELVIDERE, IL—A federal appeals court awarded a Jewish pipe-fitter at Chrysler’s assembly plant here $4 million after it concluded the automaker did nothing to stop discrimination and harassment against the worker.
DETROIT—Chrysler plans to invest $240 million and create 1,250 jobs in Southeast Michigan over the next several months, adding a third crew at its truck assembly plant in Warren and bringing an engine plant in Detroit back on line.