So basically, the fear-mongering by Mitt Romney about Chrysler moving production to China was an even bigger lie than we thought.
Chrysler Group LLC will invest $238 million in two plants in Michigan to boost engine production to meet U.S. demand for smaller, more fuel-efficient engines, the U.S. automaker majority owned by Fiat SpA said on Thursday.
Chrysler is spending $198 million to make by early 2014 its Pentastar V6 engine at the Mack I Engine Plant in Detroit, which now makes a larger engine for the Ram 1500 truck. The automaker is also working on several variants of the 3.6-liter V6 engine, including a smaller 3.2-liter version.
The No. 3 U.S. automaker is also spending $40 million to install a flexible production line — its first ever — at its Trenton North plant in Trenton, Michigan, to build both the V-6 engine and the Tigershark four-cylinder engine.