Chrysler Adds 1,100 Employees in Detroit To Produce New Jeep Grand Cherokee
05/24/2010
Chrysler CEO Sergio Marchionne called the launch of the new Grand Cherokee a "milestone" for the brand. The new model is more efficient, handles like a car on the highway, and retains its original off-road capabilities.
Last year, Chrysler was restructured by the federal government and sold only 10.4 million vehicles, its lowest posting in more than 25 years. But Marchionne - who also leads Italy's Fiat Group SpA, which now owns 20 percent of Chrysler - said he expected the United States to cumulatively sell 11 million cars this year.
The hiring will also help boost Michigan's employment situation. The state's unemployment rate stands at 14 percent, the highest in the country.
Marchionne said last week that Chrysler may offer public stock next year.
Project Announcements
United Arab Emirates-Based Hotpack Plans Edison, New Jersey, Manufacturing Operations
05/12/2025
SSAB Expands Axis, Alabama, Production Operations
05/12/2025
Carnival Corporation Plans Miami, Florida, Headquarters Operations
05/12/2025
Merck Animal Health Expands De Soto, Kansas, Manufacturing Operations
05/12/2025
Oxford Technologies Plans Bay County, Florida, Manufacturing Operations
05/12/2025
PPG Plans Shelby, North Carolina, Manufacturing Operations
05/12/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024