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Investment

Chrysler Confirms $843M Investment for Advanced FWD Transmission

KOKOMO, IN - Chrysler Group LLC confirmed Nov. 23 that it is looking to invest $843 million into the company's existing transmission manufacturing facilities in Kokomo, Ind., to accommodate production of a new advanced front-wheel drive (FWD) automatic transmission for future Chrysler Group vehicles.

GM Invests $163M for Chevrolet Volt, Cruze & Small Car Engines

DETROIT - General Motors announced a $163.2-million investment in its operations in Flint and Bay City, Mich., and Defiance, Ohio, to support engine production for the Chevrolet Volt, Chevrolet Cruze, and a new Chevrolet small car to be built in the United States.