Fiat Chrysler Automobiles will build two new gasoline engines at its plant in Bielsko-Biala, Poland, in an investment it said was confirmation of its commitment to developing its operations in the country.
It is third time this fall Poland has been designated as the recipient of a major investment by a global automaker. Daimler AG said in October it will new engine plant in Jawor, Poland, signing the property purchase agreement for the site with its Polish partners. Toyota also has announced it plans to spend $165 million for a new factory to build gearboxes for hybrid vehicles.
Polish Deputy Prime Minister Mateusz Morawiecki told Polish news agency PAP that FCA could invest up to $265 million in the project and create several hundred new jobs. (more…)