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Chrysler LLC is preparing to spend $281 million to renovate the Jefferson North Assembly plant in Detroit where the company now builds the Jeep Grand Cherokee and Jeep Commander. The automaker hasn’t said anything publicly at the future Grand Cherokee but privately Chrysler officials have confirmed that the money is being spent to produce new 2011 Jeep Grand Cherokee, starting in the summer and fall of 2010. The Jeep Commander , which also is built at Jefferson North, will probably be dropped as Chrysler reduces the number of models it builds as part of the effort to right-size the company for its shrunken market share, analysts have suggested. While the Commander gets decommissioned, the new Grand Cherokee –one of the Chrysler’s signature vehicles–will come with an optional diesel engine made by Daimler AG or with an optional two-mode hybrid system, which Chrysler has developed jointly through a joint venture with General Motors, Daimler and BMW, Chrysler officials indicated privately...
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