Sunday, April 28, 2013

Chrysler investing $20M in Toledo plant to support 9-speed auto production

Chrysler investing $20M in Toledo plant to support 9-speed auto production

In 2011, Chrysler announced a $72-million investment in its Toledo Machining Plant to modernize production of the eight- and nine-speed torque-converters for automatic transmissions made there. That upgrade work won't be finished until Q3 of this year, but Chrysler has already announced a further $19.6-million investment to increase production capacity for the nine-speeders. The extra units will be necessary because the nine-speed transmission they'll be mated to is going into three popular models: it will debut on the 2014 Jeep Cherokee, then go into the Chrysler 200 and Dodge Dart.

Autoblog , Chrysler investing $20M in Toledo plant to support 9-speed auto production, Chrysler investing $20M in Toledo plant to support 9-speed auto production

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