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
Nucor Towers & Structures Plans Brigham City, Utah, Production Operations
01/13/2025
Canada-Based Markdom Michigan Plastics Plans Charlotte, Michigan, Production Operations
01/13/2025
Japan-Based Nitto Plans Frankfort, Kentucky, Operations
01/12/2025
Compass Datacenters Plans Meridian, Mississippi, Operations
01/12/2025
IKO Plans Bismarck, Missouri, Operations
01/10/2025
Blue Whale Materials Expands Bartlesville, Oklahoma, Battery Recycling Operations
01/09/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Around the Horn with Amy Gerber and Kathy Mussio: Incentives and Workforce Development
Q4 2024