MAGA: Mexico Loses Chrysler Car Plant and Jobs to Americans

Conservative Tribune | 1/13/2018 | Kim Smith
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Fiat Chrysler Automobiles is the latest company to announce good news resulting from the new Tax Cuts and Jobs Act.

The company said it plans to invest more than $1 billion in the Warren Truck Assembly Plant in Michigan, as well as relocate the production of its Ram Heavy Duty truck in 2020, which is currently being manufactured in Saltillo, Mexico.

Plant - Michigan - Jobs - Reuters

Moving a plant to Michigan would create about 2,500 jobs, Reuters reported.

The company also said it would give $2,000 bonuses to 60,000 of its U.S. employees, although the bonuses will not include senior leadership.

Fiat - Chrysler - CEO - Sergio - Marchionne

Fiat Chrysler CEO Sergio Marchionne said the recent tax reform bill factored into the company’s decision, explaining that they wanted to pass the savings on to employees.

“These announcements reflect our ongoing commitment to our U.S. manufacturing footprint and the dedicated employees who have contributed to FCA’s success,” Marchionne said in a statement, according to The Detroit News.

Employees - Share - Savings - Tax - Reform

“It is only proper that our employees share in the savings generated by tax reform and that we openly acknowledge...
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