Thursday, December 17, 2009
NATION
Chrysler to refit factory to build new engines
DETROIT — A person briefed on Chrysler Group LLC’s plans says the automaker will announce plans today to invest millions in a Michigan factory to build fuel- efficient four-cylinder engines from Fiat.
Chrysler and Michigan Gov. Jennifer Granholm have scheduled a news conference to announce the investment in the Dundee, Mich., plant south of Detroit. The person did not want to be identified because the official announcement had not been made.
Chrysler will create 155 jobs building a 1.4-liter engine that will power the Fiat 500 subcompact and other Chrysler vehicles.
FTC adds charges against Intel Corp.
SAN FRANCISCO — The Federal Trade Commission piled on new antitrust charges against Intel Corp. on Wednesday, seeking to end what it described as a decade of illegal sales tactics that have crippled rivals and kept prices for computer chips artificially high.
The FTC’s lawsuit contains the most wide-ranging allegations yet against the world’s largest chip maker, which is also fighting a record $1.45 billion antitrust fine in Europe and separate cases in South Korea and New York state.
The FTC is raising new charges of manipulation in the market for graphics-processing units, or GPUs, which primarily handle video and other images. Until now, Intel has faced allegations regarding only central-processing units, or CPUs, which are the “brains” of personal computers.
Associated Press