Chrysler Group LLC Chairman and CEO Sergio Marchionne speaks during a news conference at the Chrysler Toledo Assembly complex, in Toledo, Ohio Wednesday, Nov. 16, 2011. Chrysler said Wednesday, it will add 1,100 jobs at an Ohio assembly complex as part of a $1.7 billion investment to build a new Jeep sport utility vehicle. (AP Photo/Madalyn Ruggiero)
Chrysler Group LLC Chairman and CEO Sergio Marchionne speaks during a news conference at the Chrysler Toledo Assembly complex, in Toledo, Ohio Wednesday, Nov. 16, 2011. Chrysler said Wednesday, it will add 1,100 jobs at an Ohio assembly complex as part of a $1.7 billion investment to build a new Jeep sport utility vehicle. (AP Photo/Madalyn Ruggiero)
Chrysler employees listen during a news conference at the Chrysler Toledo Assembly complex, in Toledo, Ohio Wednesday, Nov. 16, 2011. Chrysler said Wednesday, it will add 1,100 jobs at an Ohio assembly complex as part of a $1.7 billion investment to build a new Jeep sport utility vehicle. (AP Photo/Madalyn Ruggiero)
Chrysler Group LLC Chairman and CEO Sergio Marchionne smiles during a news conference at the Chrysler Toledo Assembly complex, in Toledo, Ohio Wednesday, Nov. 16, 2011. Chrysler said Wednesday, it will add 1,100 jobs at an Ohio assembly complex as part of a $1.7 billion investment to build a new Jeep sport utility vehicle. (AP Photo/Madalyn Ruggiero)
Pam Bialecki works on a 2012 Jeep Wrangler at the Chrysler Toledo Assembly complex, in Toledo, Ohio Wednesday, Nov. 16, 2011. Chrysler said Wednesday, it will add 1,100 jobs at an Ohio assembly complex as part of a $1.7 billion investment to build a new Jeep sport utility vehicle. (AP Photo/Madalyn Ruggiero)
TOLEDO, Ohio (AP) ? Chrysler's chief executive says the economic instability in Italy could affect where it puts its headquarters when the automaker combines with Fiat in the coming years.
Chrysler is now run by Italian automaker Fiat SpA. Sergio Marchionne is CEO of both companies and already working toward bringing the two automakers together.
Marchionne says the economic situation in Italy bears watching. He says that Fiat will remain committed to Italy's industrial backbone. It's now Italy's largest employer.
He addressed the company's future Wednesday after announcing plans to add 1,100 jobs at a Chrysler Group LLC assembly plant in Toledo, Ohio, by late 2013.
The expansion is part of a $1.7 billion investment to build a new Jeep sport utility vehicle.
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