FCA bets $4.5 billion on Michigan to build new Jeep models

FCA bets $4.5 billion on Michigan to build new Jeep models

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Fiat Chrysler Automobiles said it will invest $4.5 billion in five plants to build new models of Jeeps, hoping to bolster the brand so it can compete more effectively in the lucrative market for large SUVs and crossovers currently dominated by GM and Ford.

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