Ford, FCA Investing in Engine, Transmission Plants
Goal continues to be more power, fuel efficiencyIn the relentless pursuit of power and efficiency, both Ford and Fiat Chrysler Automobiles today confirmed investments in engine and transmission plants to meet these sometimes dueling targets.
Ford is investing $1.4 billion and adding or retaining 500 workers at its Livonia Transmission Plant in Michigan to begin assembly of a new 10-speed automatic transmission in June. The transmission was developed in partnership with General Motors. For Ford, the 10-speed will debut on the new 2017 Ford F-150 Raptor and further migrate into the pickup family and other future rear-drive vehicles. GM is debuting the 10-speed on the2017 Camaro ZL1. The two automakers also developed a nine-speed for front-wheel-drive vehicles.
Another $200 million will be spent at the Ohio Assembly Plant to add or retain 150 workers in Avon Lake, which makes Super Duty chassis cabs, part of an overall workforce of 1,650 that also make medium-duty trucks and E-Series cutaway vans and stripped chassis.
Ford has pledged to spend $9 billion in U.S. plants and add 8,500 jobs over the four-year term of the contract it reached with the UAW in 2015. That is on top of $12 billion spent over the last five years.


