Detroit got some very good news on Tuesday.
Fiat Chrysler says it plans to build a new assembly plant in Detroit, invest in five other Michigan plants, and hire 6,500 additional workers.
Michelle Krebs is an analyst with Autotrader.
"Detroit hasn't seen a new assembly plant in a long time, decades," says Krebs, "so this is absolutely fabulous news for Detroit, for Michigan and for Fiat Chrysler and Jeep."
Fiat Chrysler says the nearly $4.5 billion expansion will help it meet growing demand for Jeep SUVs and RAM trucks.