Fiat Chrysler To Close One Of Detroit’s Last Auto Plants As Dodge Viper Production Ends

Fiat Chrysler To Close One Of Detroit’s Last Auto Plants As Dodge Viper Production Ends

Research  these Stocks on Kapitall’s Playground Now

 
research now

by: Dustin Blitchok, Benzinga Staff Writer

 

The Detroit plant that manufactures the Dodge Viper is being closed August 31 by Fiat Chrysler Automobiles NV FCAU.

The factory’s more than 80 employees are expected to be offered positions at other locations, according to Automotive News.

Production of the two-seat, $90,000, 645-horsepower sports car is ending due to the vehicle being unable to meet new safety regulations that kick in September 1, Automotive News said.

Elsewhere in the industry, several plants nationwide have been idled for extended periods of time this summer due to slowing sales and heavy inventory.

General Motors Company GM idled the Kansas City plant where it builds the Chevrolet Malibu for five weeks beginning in late June, according to the Wall Street Journal. The company’s Lordstown, Ohio plant, which produces the Chevrolet Cruze, is idled for three weeks this month, according to the newspaper.

FCA's Conner Assembly Plant is one of the last facilities of its kind left in Detroit. FCA builds the Jeep Grand Cherokee at the nearby Jefferson North Assembly Plant.

GM builds the Buick LaCrosse, Cadillac CT6, Chevrolet Impala and Chevrolet Volt at the Detroit-Hamtramck Assembly, which is located partly in Detroit and partly in Hamtramck.

 

© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

stockstarsbanners640x1362jpg

2 responses to “Fiat Chrysler To Close One Of Detroit’s Last Auto Plants As Dodge Viper Production Ends”

  1. jerawat says:

    I'm really sad for the employees. But the problem is at the top management

  2. this site says:

    Fiat and chrysler?

Leave a Reply

Your email address will not be published. Required fields are marked *

wirebanner1jpg
  • See Most Recent Articles