FCA US Statement Regarding Global MEGA Tax Credit Amendment
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AUBURN HILLS, CA -- November 25, 2015: FCA US LLC values its productive partnership with the State of Michigan and its residents.The amended tax credit agreement with the MEDC provides greater economic certainty for all parties, caps the value of tax credits FCA US can claim, and requires the Company to make an additional $1 billion capital investment over the remaining term of the Global MEGA Tax Credit. FCA US, which has invested more than $4 billion in Michigan and added nearly 15,000 new jobs since 2009, does not have any future investment plans to announce at this time.