CHRYSLER TO INVEST $1 BILLION IN ST. LOUIS ASSEMBLY PLANTS
Chrysler Group Executive President- Manufacturing Frank Ewasyshyn speaks at a press conference announcing that Chrysler will spend up to $1 billion in its St. Louis North and South assembly plants in Fenton, Mo on December 12, 2005. The automaker will modernize and re-tool the plants which now make the Dodge Ram 1500 and 2500 Standard and Quad cab pickups and the Town and Country, Dodge Caravan and Grand Caravan minivans. (UPI Photo/Bill Greenblatt)
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Four years ago a betting man would have risked even money that Chrysler would disappear, but four years later Chrysler Group is planning to go public.
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Alan Mulally has acquired holdings worth $317 million in six years as Ford Motor Co. chief executive officer, U.S. analysts said.
When Toyota Chief Executive Officer Akio Toyoda predicted a comeback for the Japanese automaker last spring no one really doubted him.
