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Chrysler is set to invest $500 million in Toledo Jeep assembly plant

Chrysler Group plans to invest $500 million in its Toledo North Assembly Plant and hire a second shift of workers over the next year to build a new Fiat-based SUV for Jeep, as well as other vehicles. "This plant has been chosen to build the future Jeep SUV to replace the current Jeep Liberty that will be exported to markets all over the world," CEO Sergio Marchionne said at the plant Wednesday. "Jeep is at the heart of our plans to internationalize Chrysler, a process which is being accelerated by Chrysler's access to Fiat's distribution capabilities in Europe and Latin America." Toledo North is Chrysler's only assembly plant with only one shift of workers.

Chevy reveals Corvette, Camaro, SS for SEMA

Chevy saved its best SEMA reveals for Monday. The Bowtie brand unveiled SS sedan, Corvette and Camaro concepts for the yearly aftermarket industry show. Last week the company showed its hopped-up four bangers and front-wheel drive cars.

Mitsubishi ASX at Geneva

The new Mitsubishi ASX Crossover will launch at the Geneva Motor Show Another new Mitsubishi 4×4, I hear you say? Well, yes and no. We told you recently about the Mitsubishi RVR, Mitsubishi’s new offering in the small Crossover/SUV sector – think Ford Kuga or VW Tiguan or Hyundai ix35.