Monday, January 9, 2017

Fca will invest a billion dollars in the Usa, 2,000 jobs – The Republic

DETROIT – the Fca will invest a billion dollars to the United States by 2020, creating 2,000 new jobs. The announcement came a few hours after the opening of the Detroit auto show, at a time when the automotive industry is under pressure from the president-elect, Donald Trump, who has criticized General Motors, Ford and Toyota threatening the imposition of customs duties on imports of cars from Mexico. “Thanks, Fiat Chrysler, and Ford!”, he commented on his Twitter profile, the president next to a settlement, after the news of the investments announced by the two automakers.

– The move of the house the Italian-american puts under the spotlight the title Fiat Chrysler to Piazza Affari, where investors seem to be rewarding the drawings of the chief executive officer of the Fca, Sergio Marchionne, with purchases on the action (follow live). “I can confirm all of the group’s goals to 2018, on the dividend and I hope a little bit earlier,” he then explained the manager from the Detroit auto show, while until now he had said that there would be no distribution of coupons until 2018. Words that have rekindled the attention on the title, together with statements on the assumption of a big deal with another great builder of the car: “I do Not exclude anything,” said Marchionne.

On the front of the innovation, the goal is to continue to work with Google and “see how far we can go”. Marchionne is convinced of the need to “continue the dialogue” with the Silicon Valley. Marchionne admits to travel more frequently in California and in Silicon Valley, where “not missing the capital”. The Silicon Valley has the funds and the ability to intervene in the auto industry, is “another world”. The important thing is to “stay open and experiment.”

with regard to the position of Trump, to Marchionne, the tycoon would be favourable to a marriage between two giants of the Usa: “From what I understand, and I understand a little,” a union between General Motors and Fca should appeal to the president-elect. To him, Marchionne has also expressed appreciation for the message that was launched on the social network: “thank Him for us and thanked. It is an act due to the country” after 2009, when Chrysler was saved by public intervention. Marchionne said not to have spoken with Trump “, or with its consultants”. The decision yesterday – one that involves a billion dollars in the usa and the creation of 2,000 places – “it was planned for a long time. There is nothing unusual, it is just the continuation of a reorganisation of the systems for the internationalization of the Jeep” and to point to the pickup track Ram brand.

“The nice thing about the announcement yesterday is that it was without effort”, a “coincidence” that has occurred in a period in which Trump has taken of mira – shots of the tweets – groups such as Gm, Ford and Toyota. “We need clarity, we are not the only ones to need it,” he continued to anyone asking for a comment on the hypothetical policies of the 45th president of the Usa, which has threatened the imposition of customs duties higher for those who matter in the usa cars produced in mexico. “We will comply when the rules will change, if you change. We have no choice. It takes time to adapt, but for now they are just speculation on what it will do. Expect”. As reported in the Italian press, marchionne said he would “appreciate” the positive comment of trump on the announcement made yesterday by the Fca.

As to the United States, is the largest market in the world for suv’s and pickups, but the expansion of the line Jeep will allow the Fca to internationalise the brand, and the export in other markets, where, so far, has not had access to limits to production. “We continue to strengthen the United States as the hub global manufacturing for those vehicles essential for the market of the suv,” says the ad and detailing the plans. The investment will be destined to renew the system of Warren, Michigan, and Toledo, Ohio. The first will be the Jeep Wagoneer, and Grand Wagoneer and will be appropriate to the manufacture of the pickup Ram currently allocated in Mexico. In the other it will produce the new pickup up the Jeep.

Topics:
fca
cars
Starring:
Sergio Marchionne
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