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  • Chrysler to announce investment in Kokomo, Ind., plants

    Chrysler to announce investment in Kokomo, Ind., plants

    by Tom Krisher Associated Press February 28, 2013 Chrysler will announce 1,250 new jobs and a major investment today at transmission and metal casting factories in the Kokomo, Ind., area. CEO Sergio Marchionne will confirm that the plans include an investment of $162 million and the creation 850 jobs at a former Getrag Transmission plant in nearby Tipton. Another 400 jobs will be created at three other factories. The company is investing millions in the Kokomo area to build fuel-efficient [...]

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  • Chrysler’s new transmissions geared for better acceleration, gas mileage

    Chrysler’s new transmissions geared for better acceleration, gas mileage

    by Jeff Swiatek Indianapolis Star February 28, 2013 Chrysler Group’s $374 million investment in Indiana is geared to gears: new added-speed transmissions that the company hopes will improve the driving experience for its customers and save them money on fuel. Chrysler has spent the past two years intensively researching and designing an eight-speed and a nine-speed automatic transmission, both of which will be made in Indiana, where the automaker has concentrated its production of transmissions. Read more…

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  • Chrysler And Whole Auto Industry Adding Jobs To Meet Surging Sales

    Chrysler And Whole Auto Industry Adding Jobs To Meet Surging Sales

    by David Kiley AOL Autos February 28, 2012 As consumers pile back into the market for a new car, the good news is that high-value auto manufacturing jobs keep getting added, and in cities that can sure use the help… Automakers are investing in new jobs in the U.S. as the industry has recovered from selling just about 10 million new vehicles in 2009 to an anticipated 15.5 million this year. Since 2009, and after the domestic auto industry was [...]

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  • Marchionne coming to Kokomo

    Marchionne coming to Kokomo

    by Scott Smith Kokomo Tribune February 19, 2012 Chrysler Chairman and CEO Sergio Marchionne will join Indiana Gov. Mike Pence to make a major jobs announcement in Kokomo Feb. 28. Chrysler officials confirmed Marchionne’s visit, his second major public appearance in Kokomo since taking the reins at Chrysler, will be to announce investments and jobs to boost transmission manufacturing in Indiana. Read more…

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  • Chrysler to invest and hire in central Indiana to make more transmissions

    Chrysler to invest and hire in central Indiana to make more transmissions

    by Brent Snavely Detroit Free Press December 18, 2012 Chrysler plans to invest up to $374 million and potentially hire 1,250 workers in central Indiana to make more eight-speed and nine-speed transmissions for cars and trucks… The transmissions, developed in a failed joint venture with German supplier Getrag, typically improve the fuel efficiency of Chrysler’s vehicles by 10% from the model they replace and are an important tool for meeting more stringent government fuel economy standards by 2016. Read more…

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  • Chrysler abatements mean more area jobs

    Chrysler abatements mean more area jobs

    by Ken de la Bastide Kokomo Tribune December 17, 2012 …David Cole, chairman emeritus of the Michigan based Center for Automotive Research, said the bigger picture involves auto companies moving from the traditional 4-, 5- and 6-speed transmissions to 7-, 8- and 9-speed transmissions to obtain more fuel efficiency… “The race is to find every technology to add fuel efficiency,” Cole said. “The 8- and 9-speed transmissions are in demand. Chrysler is ahead of the game.” Read more…

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