Tag: US tax reform

Fiat Chrysler to invest $1 bn on back of US tax reform

NEW YORK, United States (AFP) — Italian-American automaker Fiat Chrysler on Thursday unveiled a plan to invest $1 billion in a Michigan assembly plant and offer bonuses to tens of thousands of employees, saying the measures were possible because of US tax reform. The third-biggest US car maker said the investment would help it to modernize a plant in northern Michigan to “produce the next-generation Ram Heavy Duty truck,” shifting production of the vehicle to […]