Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / United States

Fiat Digs Deep As Chrysler's Importance Shows In Earnings

November 2011 | Company Finance Alert

Chrysler will invest US$500mn to expand its Toledo Assembly Complex to accommodate the replacement model for the Jeep Liberty. While the investment is part of a wider US$1.3bn promised for the carmaker's US facilities under its new labour agreement with the United Auto Workers (UAW) union, BMI believes Fiat has also recognised the value of investing in Chrysler after the US firm's contribution shored up an otherwise disappointing third quarter.

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