DETROIT—Fiat Chrysler can move forward with plans to build a new, $1.6 billion assembly plant in Detroit and invest $900 million to retool and modernize another.
Land deals and community benefits agreements tied to the project were approved Tuesday by the Detroit City Council, shortly before Michigan’s economic development board approved a $223 million incentive package in exchange for the automaker creating 6,400 jobs, including nearly 5,000 in the city.
