Fiat Chrysler says it's investing $1 billion in its U.S. factories to create 2,000 new jobs and add three new Jeep vehicles including a pickup truck, according to the Associated Press.
The company says it will modernize a factory in Warren, Michigan to make two large SUVs. A plant in Toledo, Ohio, also will get new equipment to make a new Jeep pickup.
The announcement is a continuation of efforts to increase production of SUVs and trucks as the company gets out of the small and midsize car businesses.