Marchionne to announce changes to FCA production

Posted at 11:18 PM, Jan 26, 2016

We've learned Fiat Chrysler is expected to make a big announcement about a new production plan for its cars and trucks.

The big question: How will it impact its tens of thousands of workers here in the U.S.?

Fiat-Chrysler Automobiles CEO Sergio Marchionne will be unveiling a new production plan for vehicles made in North America today- when the company reports fourth-quarter and year-end earnings.

That is according to published reports.

It's a move that could bring about big change for nearly 40,000 plant workers.

And it comes after FCA made a commitment back in October to invest $5.3-billion in its U.S. plants over the next four-years as part of its new contract with the UAW.

We're told execs have been trying to come up with the best way to revamp what FCA makes where.

Last week at the Detroit Auto Show Marchionne told reporters from across the globe to watch out for some significant realignment of products in North America.

As for the new plan, plant closures and job cuts are not expected, but changes across the board are.

We will keep you posted on what the new plan entails.