The news from Chrysler and the US auto industry keeps getting better. Here are some updates:
-it plans to add 1,100 jobs at its Jefferson North Assembly Plant in Detroit by to build a diesel version of the Jeep Grand Cherokee
-In 2011, Chrysler’s sales increased 26.2% — the most of any major automaker
-Last month, Chrysler announced plans to reopen its Conner Avenue Assembly Plant to build the 2013 SRT Viper. That plant was idled in 2010. About 150 will be employed at that plant.
What we’re seeing is further evidence that the auto bailout was a huge success. It’s contributing to the overall rebound of the US manufacturing industry.
Also, Chrysler is making better cars. Sergio Marchionne is a great CEO. He saved Fiat and now he’s doing the same with Chrysler.