The Car and Truck Fleet and Leasing Management Magazine

New Chrysler Toledo Assembly Plant To Cost Nearly $2 Billion

August 10, 2004

DaimlerChrysler's Chrysler division said on August 3 it was investing nearly $2 billion in a new vehicle assembly complex in Toledo, Ohio, according to a report by Reuters. Construction work on the site will begin in the fall and vehicle production will begin sometime in 2006, Chrysler COO Tom LaSorda told a news conference. The complex will be located alongside the company's existing Jeep assembly plant on the north end of Toledo. Unlike other Chrysler plants, independent automotive suppliers will build and manage key manufacturing facilities within the new complex, Chrysler said. It said the suppliers, who will contribute about $300 million toward the total $2.1 billion cost of the plant, will be responsible for body, paint and chassis operations, among other parts of the manufacturing process.Suppliers selected for co-location at the Toledo site so far include Hyundai Mobis, Durr Industries and the Kuka Group, Chrysler said.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

Consolidated Service Corp. was founded by Larry Starr.

Read more

Up Next

More From The World's Largest Fleet Publisher