Fiat Chrysler announces $1B US investment

Fiat Chrysler announces $1B US investment
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Fiat Chrysler announced Sunday it will create 2,000 jobs in the United States, AFP reported.

The company will invest $1 billion by 2020 in two factories in Michigan and Ohio, where the new jobs will be based, according to a company statement.

"FCA US is further demonstrating its commitment to strengthening its US manufacturing base," it said.

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Fiat Chrysler will upgrade a Warren, Mich., plant to produce new Jeep Wagoneer and Grand Wagoneer models, CNN Money reported.

It will also make a new pickup truck at its assembly complex in Toledo.

President-elect Donald TrumpDonald John TrumpBiden says his faith is 'bedrock foundation of my life' after Trump claim Coronavirus talks on life support as parties dig in, pass blame Ohio governor tests negative in second coronavirus test MORE has criticized automakers on Twitter several times since his election for potentially moving jobs and manufacturing out of the U.S.

Just last week, he blasted General Motors on Twitter, threatening a "big border tax" on the automaker’s models made in Mexico.