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Report: Chrysler to announce major investment at its Kokomo transmission plant


Chrysler is expected to announce 250 new jobs and a major investment Thursday at its transmission and metal casting plants in the Kokomo, Indiana, area. According to a report from the Detroit News, Chrysler CEO Sergio Marchionne will confirm the carmaker will invest $162 million and create 850 jobs at a former Getrag Transmission plant in nearby Tipton. An additional 400 ...
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More Kokomo articles

Chrysler gets tax breaks for Indiana transmission plant
Chrysler Group has received approval for tax breaks from the Tipton County Council in Indiana, where it wants to start operating a transmission plant. The local council approved a 10-year tax ...
Chrysler to Open Indiana Plant in Kokomo
Chrysler confirmed plans to expand its Indiana operations with a plant in Kokomo, creating 850 new jobs. The company plans to invest $162 million in an empty plant in Tipton County, ...
Chrysler may revive Indiana transmission plant
Chrysler Group is again considering to start operating a newly built but never-used transmission plant in Tipton, Indiana. The carmaker once planned to build transmissions in Tipton for its nearby factories. ...
US: Chrysler to invest US$843m in Kokomo for 9-speed Transmission
Chrysler has confirmed plans to invest US$843m at its transmission manufacturing facilities in Kokomo, Indiana for production of a new front-wheel drive nine speed automatic transmission. This pushes the automakers total ...

latest automotive news
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Renault Nissan chief executive officer Carlos Ghosn has opted to lift his European car market expectations because the European Central ...
US: Takata executive indicted in long-running price scheme investigation
An official of the Japanese auto safety parts producer Takata Corp. has been indicted last week for entering rigging prices ...
FCA sales surge in 2014 on track to meet masterplan
On the back of record growing sales in the United States, the global delivery quota of Fiat Chrysler Automobiles, Sergio ...
Sauber set for blue and yellow livery – report
Jan.26 (GMM/Inautonews.com) Sauber looks set to swap its white and grey livery for prominent blue and yellow for the ...
Mexico on schedule for 2015 return
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Rosberg predicts more Mercedes dominance
Jan.26 (GMM/Inautonews.com) Nico Rosberg has tipped another season of F1 superiority for Mercedes. Last year, as the turbo V6 era ...
F1 should think again as ‘myth’ tracks disappear – Imola
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F1 on track for engine change after 2016
Jan.26 (GMM/Inautonews.com) F1 is on course for a sharp change of direction after 2016. Ferrari boss Maurizio Arrivabene is calling ...
Renault wants to halve gap to Mercedes in 2015
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2015 Brussels Motor Show – Dream Cars in more than 100 hi-res images
This year, during the 2015 Brussels Motor Show those who are visiting the motor show will have the possibility to ...
Hamilton signs with music PR agency
Jan.24 (GMM/Inautonews.com) World champion Lewis Hamilton has replaced one entertainment-based management agency with another, British newspapers the Daily Mail ...
Streiff apologises to Todt for Bianchi comments
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Arrivabene backs Lauda for F1 ‘revolution’
Jan.24 (GMM/Inautonews.com) Ferrari has called for a rules "revolution" for formula one in 2017. Upset with the mild tone of ...
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Volvo’s executive reshuffle should be just the tip of its US revival
Sweden’s Volvo Cars has enjoyed a new lease of life since it was acquired back in 2010 by China’s Geely ...
GM sees profitability in Europe even if economy fails to revive
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BMW adds all-wheel-drive to its M models
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US: Used car prices lower due to increase in new car sales
The increased new cars sales have recently created a decline in the used cars prices. In 2013 sales of new ...