What does this mean for Belvidere?
Chrysler Group LLC says it will invest $550 million to build the Fiat 500 minicar at its assembly plant near Mexico City
Mexican President Felipe Calderon says Chrysler will produce between 100,000 and 130,000 vehicles at the plant, creating about 1,200 indirect jobs. Chrysler says the Mexican government has provided a $400 million incentive package for the project, the majority of it as loans.
Chrysler pledges $550M to build Fiat 500 in Mexico - Yahoo! News
1 comment:
The auto industry is leaping to new heights new locations new tie ups new jobs. The economy is coming back to its normal and hope to get more such updates in future from other auto giants.
Charger
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