News

FCA to Invest $1.3G to Built Electrified Vehicles in Ontario

FCA to Invest $1.3G to Built Electrified Vehicles in Ontario
Autos
FCA plans to invest $1.35-$1.5 billion to launch a new platform at the Windsor Assembly Plant in Ontario in order to build plug-in hybrid and/or fully electric vehicles starting in 2023-2024, according to Unifor.

The announcement came on Thursday following a tentative deal on a new three-year contract between the automaker and the workers’ union, which helped prevent a strike.

The identity of the vehicles remains a mystery. Same thing for the new platform. Will it come from French auto group PSA, which is in the process of ? We’ll see.

Photo: FCA

In recent months, of SUVs by 2022, but we’d be shocked if any of them ends up being manufactured here in Canada.

The Windsor facility currently builds the Chrysler Pacifica , Voyager (for the U.S.) and Grand Caravan (for Canada). These minivans will reportedly continue to roll off the assembly line alongside the new electrified models.

The investment by FCA is expected to bring back the plant’s third shift in 2024 and about 2,000 workers being hired, according to Unifor. When that third shift was eliminated earlier this year, approximately 1,500 people lost their jobs, although many of them took retirement packages.

Photo: FCA

Unifor president Jerry Dias anticipates further layoffs at Windsor between now and 2023 given the shrinking minivan segment.

FCA, which has merely acknowledged the tentative deal with the union so far, says it will provide more details at a later date. The deal must be ratified by workers to take effect, with a vote to begin Sunday morning.

Back on September 22, Unifor secured a three-year pact with Ford where the automaker will invest $1.95 billion in Oakville and Windsor between 2025 and 2028.
Read more on guideautoweb.com
News Topics :
Similar Articles :
Sports
Fiat Chrysler s Dodge minivans on the assembly line in Windsor, Ont., Feb. 9, 2015. The company has reached a deal to invest $1.5 billion in new manufacturing in Canada,...
Autos
Workers on the production line at Chrysler s assembly plant in Windsor, Ont., work on one of their new minivans on January 18, 2011.Geoff Robins / Canadian Press Fiat Chrysler...
Autos
Unionized workers in Canada have ratified a new three year agreement with Fiat Chrysler Automobiles, which will include up to $1.58 billion in total investments in the automaker’s Ontario factories. The...
Autos
Ford and Unifor, which represents thousands of auto workers in Canada, have just reached a tentative deal on a new three year collective bargaining agreement that affects more than 5, 400 unionized workers...
Autos
The Canadian auto industry received some needed good news yesterday when it learned that the Fiat Chrysler Automobiles FCA Group will invest between $1.35 and $1.5 billion in its Windsor,...