Fiat Chrysler to invest $4.5 billion in Michigan to add new Jeep SUV models

Fiat Chrysler Automobiles NV said on Tuesday it will invest $4.5 billion in five plants to build new models of Jeeps to compete more effectively in the lucrative market for full-size, three-row SUVs currently dominated by rivals General Motors Co and Ford Motor Co.

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Source:: Reuters – Business News