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GasBuddy News Article

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Chrysler to announce 1,250 new jobs, major investment in Kokomo factories

Associated Press -- Chrysler will announce 1,250 new jobs and a major investment Thursday at transmission and metal casting factories in the Kokomo, Indiana, area.

CEO Sergio Marchionne will confirm that the plans include an investment of $162 million and the creation 850 jobs at a former Getrag Transmission plant in nearby Tipton. Another 400 jobs will be created at three other factories.

The company is investing millions in the Kokomo area to build fuel-efficient eight- and nine-speed automatic transmissions.

Chrysler plans to use a new nine-speed transmission in the Jeep Cherokee midsize SUV and in the Dodge Dart compact. The Cherokee will replace the aging Jeep Liberty later this year.



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Submitted Feb 28, 2013 By: 85XJ
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Chrysler to announce 1,250 new jobs, major investment in Kokomo factories Back to Topics
REPLIES (newest first) Post a Reply
52MPG
Champion Author Dayton

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Points:2,521,350
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Message Posted: Mar 1, 2013 7:24:30 AM

"fuel-efficient eight- and nine-speed automatic transmissions."

Wow! and I thought my five speed was good.
blupupher
Champion Author Houston

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Message Posted: Mar 1, 2013 7:05:01 AM

good.
07skydriver
Champion Author Ohio

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Message Posted: Mar 1, 2013 6:24:12 AM

Looks like all the efforts of the GOP to drag down the economy were useless after all. Just like the republican party.
FOUR MORE YEARS, FOUR MORE YEARS!!!
heydano67
Champion Author California

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Message Posted: Mar 1, 2013 4:03:05 AM

Go Mopar
Zing20
Champion Author Fresno

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Message Posted: Mar 1, 2013 12:02:58 AM

Good to hear.
el_fr
Champion Author Massachusetts

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Message Posted: Feb 28, 2013 11:24:18 PM

Cool
pleinyeux
Champion Author Montreal

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Message Posted: Feb 28, 2013 10:21:30 PM

Good jobs
Tacodan
Champion Author Cincinnati

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Message Posted: Feb 28, 2013 8:25:09 PM

jobs are good
NHLiveFree
Champion Author New Hampshire

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Message Posted: Feb 28, 2013 8:22:29 PM


Great news for Chrysler, Indiana and USA manufacturing. Now Buy USA!!!
coughlin
Champion Author San Jose

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Message Posted: Feb 28, 2013 6:46:12 PM

Way to go Kokomo!
NO_SWEAT
Champion Author Toronto

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Message Posted: Feb 28, 2013 5:31:36 PM

Positive.
silvershark69
Champion Author Minnesota

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Message Posted: Feb 28, 2013 5:25:47 PM

heck lets blame it on Obama, moving forward

[Edited by: silvershark69 at 2/28/2013 6:26:43 PM EST]
LanguageMan1
Champion Author Tampa

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Message Posted: Feb 28, 2013 5:23:40 PM

Better than nothing, but still miniscule.
StephenOM
Champion Author Ocala

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Joined:Aug 2008
Message Posted: Feb 28, 2013 5:22:03 PM

9-speed trannys help keep the engine in it's most fuel efficient range. Keeping jobs in the US. If it's response to consumer demand, great. If response to fed mandates, it comes at a price.
SalukiCO
Sophomore Author Colorado Springs

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Message Posted: Feb 28, 2013 5:21:44 PM

Good thing Romney lost, or these jobs would have be shipped overseas.
spedygonzales
All-Star Author Toronto

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Message Posted: Feb 28, 2013 5:21:26 PM

good
wz
Champion Author Twin Cities

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Message Posted: Feb 28, 2013 5:21:25 PM

It's good to see jobs getting created domestically. What kind of political payback were they promised?
BigBlue5
Champion Author Spokane

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Message Posted: Feb 28, 2013 5:17:49 PM

Will putting a 8 or 9 speed auto trany in a cherokee and dodge dart really be fuel efficient. Manufacturers always stretch the truth.
agent0077
Champion Author Colorado

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Message Posted: Feb 28, 2013 5:17:32 PM

Awesome
gass12
Champion Author Omaha

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Message Posted: Feb 28, 2013 5:15:20 PM

Good Deal for IN.
Voltus
Champion Author Miami

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Message Posted: Feb 28, 2013 5:15:00 PM

oh, that's right... that Italian company
WillyG
Champion Author Cincinnati

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Message Posted: Feb 28, 2013 5:14:01 PM

Good deal Chrysler !
bradley1969
Champion Author Wisconsin

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Message Posted: Feb 28, 2013 5:13:42 PM

Always great news when jobs are created in the U.S.A. that stay here 2 give our residents a pay check...
Signfool
Champion Author Omaha

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Message Posted: Feb 28, 2013 5:10:49 PM

So long as the paychecks don't bounce!
Skychief
All-Star Author Florida

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Message Posted: Feb 28, 2013 5:09:01 PM

That's good for the IN economy.
mycar2
Champion Author Akron

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Message Posted: Feb 28, 2013 5:08:07 PM

good, bring all the jobs back
jad1960
Champion Author Gary

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Message Posted: Feb 28, 2013 5:03:57 PM

Good
Bobmilan
Champion Author Louisville

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Joined:Sep 2011
Message Posted: Feb 28, 2013 5:01:35 PM

What is cost and how quickly will it pay back in gas savings??

If average person cannot afford new technology, no benefit.
WIPACKERFAN
Champion Author Chicago

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Message Posted: Feb 28, 2013 4:59:08 PM

Good news.
jmg144
Champion Author Maryland

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Message Posted: Feb 28, 2013 4:54:35 PM

However the company is struggling.
PithyOpiner
Champion Author Stockton

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Message Posted: Feb 28, 2013 4:54:25 PM

Way to go, Sergio. I knew you Italians could make a go of it.
unloquacious
Champion Author Indiana

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Message Posted: Feb 28, 2013 4:53:23 PM

This is good news for Indiana.
scorpiogg
Champion Author Modesto

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Message Posted: Feb 28, 2013 4:51:32 PM

When do they return the tax payers money???
pliskin
Champion Author Syracuse

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Message Posted: Feb 28, 2013 4:49:30 PM

Chrysler is partnered with Fiat of Italy. It is no longer owned by the US Govt. as rampower80 has tried to lead us to believe. Only GM has that honor! GM is owned by the UAW and the US taxpayers.
They were bought by Fiat in 2011 and became Chrysler/Fiat at a loss to the American taxpayer of $1.3 billion. Fiat owns 53.% of the company, the rest is Chrysler!
GNo1
Champion Author Nashville

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Message Posted: Feb 28, 2013 4:48:08 PM

a 9-speed in a Dart? Really? Why not just go CVT?
Cheepo
Champion Author Tampa

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Message Posted: Feb 28, 2013 4:44:25 PM

When do they return the tax payers money?????????
Sapper08
Champion Author Indianapolis

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Message Posted: Feb 28, 2013 4:42:57 PM

Yea Indiana!
foreyearrunner
Champion Author Illinois

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Message Posted: Feb 28, 2013 4:41:32 PM

Yes more jobs! And a right to work state means, more competitive pricing.
McMutt
Champion Author Ontario

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Message Posted: Feb 28, 2013 4:41:13 PM

Not a fan of their product, however great news.
Spankster85
Champion Author Chicago

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Message Posted: Feb 28, 2013 4:40:16 PM

Good for the people of Indiana.
No1ConMan
Champion Author Memphis

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Message Posted: Feb 28, 2013 4:35:47 PM

Fiat is not doing too bad it seems. More power to them!
cssco
Champion Author Virginia

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Message Posted: Feb 28, 2013 4:34:06 PM

Another feel good Alice in Wonderland story.
nigelb
Champion Author Virginia

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Message Posted: Feb 28, 2013 4:32:38 PM

Great, more jobs!
Titan_62
Champion Author North Carolina

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Message Posted: Feb 28, 2013 4:32:25 PM

You Go GM--
1COR1533
Champion Author San Jose

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Message Posted: Feb 28, 2013 4:32:20 PM

oh yeah
mdotson
Champion Author Grand Rapids

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Message Posted: Feb 28, 2013 4:30:23 PM

Yay!
rampower80
Champion Author Kentucky

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Message Posted: Feb 28, 2013 4:28:18 PM

About time one of the government motor companies starting hiring Americans.
DeHavilland
Champion Author Toronto

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Message Posted: Feb 28, 2013 4:27:27 PM

We should be keeping North Americans working, not supporting questionable governments in placed like China, India and the like.
nemoFL
Champion Author Florida

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Message Posted: Feb 28, 2013 4:22:50 PM

good for jobs
bobcatfan
Champion Author Kentucky

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Message Posted: Feb 28, 2013 4:22:10 PM

A nine speed transmission sounds efficient, complicated, and expensive.
dollarwatcher
Champion Author Wisconsin

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Message Posted: Feb 28, 2013 4:21:13 PM

8 and 9 speeds? If one of those speeds should happen to fail will it take out the rest?
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