Economy Briefs

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The company announced plans to spend $500 million at the Ohio assembly complex that will make the new model and to add 1,100 jobs by late 2013. The expansion is part of a $1.7 billion investment to build the new Jeep.

Chrysler CEO Sergio Marchionne said Jeep is becoming the star of its European market and sales have been doubling. “It’s the best brand Chrysler owns by a long margin,” he said. “It’s got a glorious history.”

Italian automaker Fiat SpA, which controls Chrysler, has been hit hard this year by slumping overall sales in Europe. It has been turning more toward business in the United States and Brazil, said Mr. Marchionne, who is CEO of both companies.


Barnes & Noble’s Nook Tablet arrives in stores

NEW YORK — Barnes & Noble Inc.’s Nook Tablet began arriving in stores and homes on Wednesday, one day ahead of schedule.

The move came just after began shipping its similar Kindle Fire on Monday, also a day ahead of schedule. Both hope their souped-up tabletlike electronic readers will be popular gifts this holiday season.

Apple Inc.’s iPad has dominated the tablet market so far. That device starts at $499. The Nook Tablet is selling for $249, and Amazon’s Kindle Fire sells for $199.

Since introducing its first Nook in 2009, Barnes & Noble has spent heavily on its e-book readers and e-bookstore.

Unlike Amazon, Barnes & Noble doesn’t offer its own streaming services, but the Nook includes preloaded software from Hulu and Netflix Inc.

From wire dispatches and staff reports

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