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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.

Parts of O'Quinn car collection to be sold at RM auctions in March

Batches of cars from the extensive collection of Texas attorney John O’Quinn--one of the most impressive collections of classic sheetmetal since William Harrah’s--will cross the auction block this spring at a pair of RM Auction events. O’Quinn, a noted attorney who died in a car crash last October, assembled a collection of at least 800 cars, and it could number as many as 1,300. Fifty-five cars from the collection will be sold at the RM auction on March 13 at Amelia Island, Fla.

McLaren slows MP4-12C production for fixes

British supercar maker McLaren has slowed production of the MP4-12C because of quality issues. The company says the problems are not safety- or performance-related. "There are no safety concerns for the delay," Tony Joseph, director of McLaren North America, told Autoweek.