Chrysler to Invest Additional $85 Million for Powertrain Improvements
AUBURN HILL, MI - Chrysler Group LLC confirmed it is looking to invest another $85 million in its Kokomo Transmission Plant (KTP) for a variety of powertrain improvements, bringing its total investment in U.S. facilities to more than $3 billion since June 2009.
AUBURN HILL, MI - Chrysler Group LLC confirmed it is looking to invest another $85 million in its Kokomo Transmission Plant (KTP) for a variety of powertrain improvements. With this announcement, the company's total investment in U.S. facilities would climb to more than $3 billion since June 2009.
Chrysler Group notified city officials of the potential new investment at the Dec. 13 Kokomo City Council meeting. At the same meeting, Chrysler Group also requested the transfer of the previously approved tax abatement certificate on the announced $300 million investment from Indiana Transmission Plant I (ITPI) to KTP to facilitate the production of the next generation eight-speed transmission.
"We're moving eight-speed production to KTP because we're pulling production ahead and the timing worked better at KTP," said Brian Harlow, vice president and head of Powertrain Manufacturing, Chrysler Group LLC. "This move opens up space at ITPI to prepare the plant for production of the front-wheel drive transmission, which we announced in November."
At the Dec. 13 meeting, the Kokomo City Council also approved Chrysler Group's tax abatement application on the $843 million investment for production of the front-wheel drive transmission.
More Operations
Fleet Meets: Eric Kilgore
This edition of the Fleet Meets series features one of the industry's best leaders driving multi-market and national operations.
Read More →
Why Reactive Fleet Management Is Becoming Too Expensive to Sustain
Research highlights a growing need for proactive management strategies to address rising costs in fleet operations effectively.
Read More →
What Your Fleet KPIs Aren’t Telling You
Tracking fleet metrics is only useful when the data leads to better decisions. This guide helps fleet leaders assess cost, utilization, and downtime more accurately, identify performance gaps, and prioritize the actions that can improve operational results.
Read More →
Hidden in Plain Sight: Fleet Compliance Risks
Fleet compliance isn't just about having policies — it's about consistently enforcing them. This practical guide reveals six hidden compliance risks common in public sector and shared fleet operations and outlines proven strategies to improve visibility, accountability, and audit readiness
Read More →
Turning Fleet Payment Data into Executive Insights
Does data alone drive results in operations?
Read More →
Automotive Fleet Opens 2026 Personal Use Survey for Commercial Fleet Managers
Commercial and corporate fleet managers are invited to share how their organizations handle company vehicle personal-use policies, charges, and driver eligibility.
Read More →
Gary Van Orden Retires After Nearly Four Decades in Commercial Fleet
From answering customer calls at Ford Motor Company to leading fleet sales across multiple OEMs and a fleet management company, Gary Van Orden's career reflects nearly four decades of leadership in commercial fleet.
Read More →
How Stellantis Plans to Get Ahead of Fleet Downtime
Vehicle acquisition may grab the headlines, but fleet uptime increasingly determines operating success. Darren Bradshaw of Mopar North America gives the details.
Read More →
Hyundai Releases 2027 Commercial Program Incentives
The 2027 Model Year "Fleet Street Incentives" are available to commercial and government fleets.
Read More →
It's All Downhill from Here! Fleet Industry Raises $22,000 for Skilled Trades Scholarships
Work Truck’s Lauren Fletcher and Automotive Fleet’s Chris Brown turned a friendly racing rivalry into $22,000 for automotive technology and skilled trades scholarships.
Read More →