Never miss an Axios exclusive. Sign up for Mike Allen's AM newsletter.


Report: Fiat Chrysler plans new Detroit factory

Chrysler SUV grill.
Photo by Justin Sullivan/Getty Images

Fiat Chrysler plans to open a new SUV assembly factory in Detroit, CNBC reports.

Why it matters: This comes on the heels of General Motors announcing plans to lay off 15% of its workforce, over half of which would be in Michigan, and shutter five plants, including one in Detroit.

More stories loading.