Chrysler

Fiat Chrysler plans to invest $1 billion in 2 U.S. factories as it expands its Jeep lineup

Fiat Chrysler plans to invest $1 billion in 2 U.S. factories as it expands its Jeep lineup

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 Italian-American automaker said Sunday it will modernize a factory in the Detroit suburb of Warren 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. The expansion is expected to create 2,000 new...

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