The promised elimination of Chrysler Group LLC’s existing 4-speed transaxle could be under way with this week’s $43 million investment at two plants in Kokomo, IN. “As Chrysler Group works to implement the very robust business plan outlined on Nov. 4, 2009, our facilities in Kokomo will play an integral role in achieving those objectives,” Scott Garberding, senior vice president and head of manufacturing, says in a statement. However, the business plan also pledges a “phase-out” of the ...
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