Chrysler Invests $1.2 Billion in Mexico for Ram ProMaster, I-4 Engines
Investments To Create More Than 1500 New Jobs
In preparation for the launch of the 2014 ProMaster commercial van, and expected increased demand for fuel-efficient vehicles, Chrysler is investing a total of $1.249 billion in its production facilities in Saltillo, Mexico. The biggest portion, $1.085 billion, is going toward the new van assembly plant that will build the 2014 ProMaster van, and will bring a total of 1100 new jobs by December. A $164 million investment in the engine plant will add a new line to produce the 2.0 and 2.4-liter Tigershark I-4 engines, used in the 2014 Dodge Dart and 2014 Jeep Cherokee.
Chrysler has a significant manufacturing presence in Mexico, building all of its Hemi V-8 engines and Ram HD trucks in Saltillo. It also builds the Dodge Journey crossover and Fiat 500 subcompact in Toluca, outside of Mexico City, 500 miles south of Saltillo. The future of Toluca is somewhat uncertain, with rumors that 500 and Journey production may be moved to another facility, but with strong demand for full-size trucks and expected high interest in the ProMaster, Saltillo's future appears strong. In addition to building the Hemi and Ram HD, Saltillo also shares production of the widely used Pentastar V-6 with Trenton, Michigan.