Calista241
Calista241's JournalFiat Chrysler to build 3 new Jeeps, create 2,000 jobs in US
Source: AP
DETROIT (AP) -- Fiat Chrysler will add three new Jeeps to its lineup including a pickup truck as it invests $1 billion in two U.S. factories, furthering its effort to increase production of hot-selling SUVs and pickup trucks and get out of producing small and midsize cars. The expansion will create 2,000 new jobs.
The Italian-American automaker said Sunday it will modernize a factory in the Detroit suburb of Warren, Michigan, to make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A factory complex just south of there in Toledo, Ohio, also will get new equipment to make the new pickup. The company wouldn't provide details of the new products, but said the factory work would be done in 2020.
Consumers worldwide have gravitated toward SUVs and trucks while turning away from passenger cars. Last year in the U.S., car sales fell 7 percent while truck and SUV sales rose 8 percent.
Producing vehicles in Mexico and shipping them to the U.S. has become a thorny political issue with the election of Donald Trump as president. Trump has criticized Ford, General Motors and Toyota for building small cars in Mexico and shipping them across the border. He has threatened to impose a big border tax on the companies
Read more: https://www.yahoo.com/news/fiat-chrysler-adds-3-jeeps-205713828.html?ref=gs
Freddie Gray case: Judge allows malicious prosecution lawsuit against Mosby to proceed
Source: Baltimore Sun
A federal judge is allowing key parts of a lawsuit against Baltimore State's Attorney Marilyn J. Mosby, brought by five of the six police officers charged in the death of Freddie Gray, to move forward.
U.S. District Judge Marvin J. Garbis ruled that claims including malicious prosecution, defamation, and invasion of privacy can move forward against Mosby and Assistant Sheriff Samuel Cogen, who wrote the statement of probable cause.
Mosby's attorneys had said she has absolute prosecutorial immunity from actions taken as a state's attorney. But Garbis noted that her office has said it conducted an independent investigation.
"Plaintiffs' malicious prosecution claims relate to her actions when functioning as an investigator and not as a prosecutor," Garbis wrote.
Read more: http://www.baltimoresun.com/news/maryland/freddie-gray/bs-md-ci-mosby-lawsuit-to-proceed-20170106-story.html
Ford cancels Mexico plant. Will create 700 U.S. jobs in 'vote of confidence' in Trump
Source: CNN
Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new U.S. jobs.
Ford (F) CEO Mark Fields said the investment is a "vote of confidence" in the pro-business environment president-elect Donald Trump is creating. However, he stressed Ford did not do any sort of special deal with Trump.
"We didn't cut a deal with Trump. We did it for our business," Fields told CNN's Poppy Harlow in an exclusive interview Tuesday. He said Ford did speak with Trump and vice-president elect Mike Pence this morning.
Read more: http://money.cnn.com/2017/01/03/news/economy/ford-700-jobs-trump/index.html
With a CNN front page headline like this, it's going to be a long 4 years.
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Gender: Do not displayHometown: Atlanta
Home country: US
Member since: Sat Jun 1, 2013, 01:19 AM
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