The vehicle engine plant to be operated in Dundee, Mich., by DaimlerChrysler AG and two partners will save the firm $100 million a year and make its operations globally competitive, an executive said.
Speaking to a group of automotive executives at an industry convention this week in Traverse City, Mich., Bruce Coventry said the small four-cylinder gasoline engines will use a process that will maximize savings. The two-factory plant, operated by Global Engine Manufacturing Alliance, is a venture of Chrysler, Hyundai Motor Co., and Mitsubishi Motors Corp.
Global Engine expects to build 1.8 million to 2 million engines worldwide from five factories, including 840,00 from the two in Dundee.
Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. Comments that violate these standards, or our privacy statement or visitor's agreement, are subject to being removed and commenters are subject to being banned. To post comments, you must be a registered user on toledoblade.com. To find out more, please visit the FAQ.