Fiat Says Jeep Output May Return to China as Demand Rises
How does the left spin it?
updated with the following:
AP Hides Fiat's Plans to Manufacture Jeeps for North American Market in Italy
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Bill Clinton: Mitt Romney's Jeep-to-China ad is 'biggest load of bull in the world'
The Obama campaign has complained about the Romney campaign's Jeep ad, which links the president to a report saying Chrysler plans to move its Jeep production from the U.S. to China.Really? The Romney is a Liar campaign as conducted by the pathological LIARS Bill Clinton and Barack Obama:
Chrysler released a statement on Monday saying it had no plans to stop producing Jeeps in the U.S.
The statement said, "U.S. Jeep assembly lines will continue to stay in operation."
Clinton recounted talking to Obama earlier Monday about the claim by the Romney campaign.
"I saw the reports of Gov. Romney's latest ads saying that the president had allowed Jeep to move to China. And so this morning, before [Obama] left Florida, and went back to Washington, he said, 'You know, of all the things that Gov. Romney has said, that probably hurts my feelings the most,'" Clinton said, referring to Obama.
"He said, 'You know I never had any money when I was a kid and the first car I owned I was 30 years old, it was a Jeep. I would never move Jeep to China,'" Clinton said.
"I saw the reports of Governor Romney's latest ad saying that the president had allowed Jeep to move to China," said Clinton. "And so this morning, before he left Florida and went back to Washington, he said, 'You know, of all the things Governor Romney has said that probably hurts my feelings the most.' He said, 'You know, I never had any money when I was a kid. and the first new car I ever owned I was 30 years old it was a Jeep.'"
===========================================================================Obama's first new car was a Jeep Grand Cherokee, but was 39 years old when he bought the 2000 model, not 30, as Clinton stated earlier today. Clinton: Obama's Feelings Most Hurt Over Jeep Ad
Now the following Bloomberg article
Fiat Says Jeep Output May Return to China as Demand Rises
By Craig Trudell - Oct 22, 2012 10:10 AM CTFurther Information of GM, Bankruptcy and TARP
Fiat SpA (F), majority owner of Chrysler Group LLC, plans to return Jeep output to China and may eventually make all of its models in that country, according to the head of both automakers’ operations in the region.
Fiat is in “very detailed conversations” with its Chinese partner, Guangzhou Automobile Group Co. (2238), about making Jeeps in the world’s largest auto market, said Mike Manley, chief operating officer of Fiat and Chrysler in Asia. Chrysler hasn’t built Jeeps there since before Fiat took control in 2009.
“The volume opportunity for us is very significant,” Manley, who is also president of the Jeep brand, said in an interview at Chrysler’s Auburn Hills, Michigan, headquarters. “We’re reviewing the opportunities within existing capacity” as well as “should we be localizing the entire Jeep portfolio or some of the Jeep portfolio.”
Chrysler, which entered an alliance with Turin, Italy-based Fiat as part of its U.S. government-backed bankruptcy, is relying on growth in China to counter weakness in Europe’s auto market. The automaker is targeting 500,000 annual sales outside North America by 2014, more than triple its overseas deliveries in 2009.
Chrysler currently builds all Jeep SUV models at plants in Michigan, Illinois and Ohio. Manley referred to adding Jeep production sites rather than shifting output from North America to China.
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Obama Campaign Scrambles to Discredit Romney's 'Jeep' Ad