On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1590 AM Coldwater, Michigan 95.5 FM Coldwater, Michigan

Weather

Current Conditions(Coldwater,MI 49036)

More Weather »
61° Feels Like: 61°
Wind: NNE 9 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 60°

Tonight

Clear 35°

Tomorrow

Sunny 59°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Chrysler to build Jeeps in China, Russia

by
Sergio Marchionne speaks during a news conference at the Chrysler Casting Plant in Etobicoke
Sergio Marchionne speaks during a news conference at the Chrysler Casting Plant in Etobicoke

DETROIT (WKZO) -- Chrysler Group LLC Chief Executive Officer Sergio Marchionne confirmed the automaker will begin to build Jeeps in China for their growing car market.  He says the move is the first step in the "globalization of Jeep" and the company plans to also build the vehicles in Russia as well.

Marchionne pledged to keep production of the Grand Cherokee and the Wrangler based in the U.S. calling them the "pillars" of the Jeep brand.  He also said an initial public offering to sell Chrysler stock on the open market will not happen until the fourth quarter of this year at the earliest. 

Comments