First, the Company confirmed that it will invest more than $1 billion to modernize the Warren Truck Assembly Plant (Michigan) to produce the next generation Ram Heavy Duty truck, which will relocate from its current production location in Saltillo, Mexico, in 2020.
This investment is in addition to the announcement made in January 2017 which committed to spending a portion of $1 billion in Warren Truck Assembly to expand the Jeep® product line with the addition of the all-new Jeep Wagoneer and Grand Wagoneer.
To support the increased volume at the Warren facility, 2,500 new jobs will be created, above and beyond the jobs announced as part of the January 2017 announcement.
Second, the Company confirmed that it will make a special bonus payment of $2,000 to approximately 60,000 FCA hourly and salaried employees in the U.S., excluding senior leadership.
The special bonus will be paid to all eligible employees of the FCA automotive and components operations in the U.S.