Most Active Stories
- Michigan legislators join national push for Constitutional Convention
- A hunt gone wrong: One man's story of survival in the Alaskan wilderness
- DOWNTON ABBEY Special Preview Screening!
- Book Review: Mitch Albom's 'The First Phone Call from Heaven'
- WATCH NOW: East Lansing boys basketball coach Steve Finamore
Tue June 2, 2009
Incentive planned to lure Fiat to Detroit suburb
STERLING HEIGHTS, Mich. – STERLING HEIGHTS, Mich. (AP) - The mayor of Sterling Heights says state and local officials expect to present an incentive plan this month aimed at luring Fiat to a Chrysler assembly plant set to close by the end of 2010.
Italy's Fiat is taking a stake in Chrysler as part of the Auburn Hills-based carmaker's reorganization. Chrysler filed for Chapter 11 protection April 30 and seeks to emerge soon.
Gov. Jennifer Granholm has said she wants to interest Fiat in building its small cars in Michigan.
Sterling Heights Mayor Richard Notte says officials hope to offset what would be a $1.2 million loss in his Detroit suburb's annual tax revenues.