What does this mean for the Toledo, Ohio plant?
Most of the news surrounding Fiat Chrysler these days involves its just-finalized merger with France s PSA Groupe. One of the key reasons why PSA wanted to join forces with FCA was because of its highly profitable Jeep division. Currently, there are 10 Jeep factories worldwide, including five in North America. The overseas facilities mostly build the Renegade and Compass for local markets. However, none of them build the Jeep Wrangler.
Since World War II, the Wrangler and its civilian and military predecessors called Toledo, Ohio home. The Wrangler s massive popularity, however, has forced the automaker to make a big change. The automaker has just announced plans to invest $250 million to expand its presence in India by launching four new vehicles there within two years at a local factory.