Chrysler Group to invest $1.2 bln in Brampton assembly plant

Thu Jul 19, 2007 12:21pm EDT

July 19 (Reuters) - Chrysler Group said it will invest $1.2 billion in its Brampton assembly plant for upgrades of the Chrysler 300 series, Dodge Magnum and Dodge Charger.

The company also said it will make a $500 million manufacturing investment to prepare for European-market (BUX) LX platform product loading.

(Reporting by Dilipp S. Nag in Bangalore)

((Editing by Pratish Narayanan; Reuters Messaging: dilipp.nag.reuters.com@reuters.net; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800)) Keywords: CHRYSLER INVESTMENT/

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