Chrysler CEO Talks Trucks, Engines and Europe
Craig Cole | Nov 15, 2012
Following the presentation, which included comments from Mayor Dave Bing, company Chairman and CEO Sergio Marchionne answered journalists’ questions on a wide variety of topics ranging from the economic situation in Europe to the new RAM pickup truck.
Part of today’s announcement centered on Chrysler’s award-winning Pentastar V6 engine. The company is investing nearly $200 million to produce them at Mack I. Right now they’re manufactured at Chrysler’s plant in Trenton, Mich. and at another facility in Mexico.
To build even more of these in-demand engines it is expanding operations in Trenton. Chrysler is spending some $40 million to add a flexible line that can do double duty making both the Pentastar V6 and the company’s new Tigershark four-cylinder.
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