Fiat Chrysler Automobiles (FCA) announced on Sunday an investment in the US worth a billion dollars.
Investing in Jeep will help create over 2,000 jobs. The automakers are under pressure from Washington to invest in the US, otherwise they will face higher taxes, transmitted DPA.
The Italian-American manufacturer will use the money to expand its factories in Michigan and Ohio and move the production of Ram from Mexico in the US.
Chrysler Fiat boss, Sergio Marchionne, said the decisions were considered for some time.
On Tuesday, Ford Motor announced it would cancel the planned investment of 1,6 billion dollars in a factory in Mexico and will invest 700 million dollars in its factory in Michigan, USA, where they will offer jobs to 700 people.
The announcement comes after the President-elect Donald Trump threatened to impose heavy taxes to the largest US manufacturer, General Motors.
Trump thanked Ford for creating 700 new jobs.
“This is just the beginning, many more will follow,” Trump said on his Twitter account.
Heads of Toyota and Honda announced last week they are planning to reduce production in Mexico, preferring to await the inauguration of the President-elect of the United States, Donald Trump, before deciding what major changes will be made.
“We will consider our options and wait to see what decisions will adopt Donald Trump,” said Toyota president, Akio Toyoda, when asked if the company was considering modifying its plans in Mexico.
The major Japanese automakers – Toyota, Honda and Nissan – have manufacturing facilities in the US and Mexico, while Toyota and Honda have factories in Canada.
Ford Motor has about 197,000 employees and 67 factories worldwide.