TOLEDO, Ohio -- Fiat Chrysler says it will spend $700 million to retool its Ohio assembly plant to build a new Jeep Wrangler.

The automaker also said Thursday that it will add 700 new jobs at its Toledo plant.

Auto workers and city leaders had been on edge after Fiat revealed it was considering moving the Wrangler assembly line.

But instead Fiat managers in Toledo told workers last fall that the Wrangler is staying and that it will move the Jeep Cherokee line out of Toledo.

Fiat Chrysler says it will announce at a later date plans for the space now occupied by the Cherokee line.

About 5,100 now work at the Toledo assembly complex.