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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsChrysler to Romney: Jeep production will not be moved from U.S. to China
Marchionne's letter on Jeep production in U.S.
http://www.detroitnews.com/article/20121030/AUTO0101/210300401#ixzz2AnaYIl1J
Chrysler Group's production plans for the Jeep brand have become the focus of public debate.
I feel obliged to unambiguously restate our position: Jeep production will not be moved from the United States to China.
North American production is critical to achieving our goal of selling 800,000 Jeep vehicles by 2014. In fact, U.S. production of our Jeep models has nearly tripled (it is expected to be up 185%) since 2009 in order to keep up with global demand.
We also are investing to improve and expand our entire U.S. operations, including our Jeep facilities. The numbers tell the story:
n We will invest more than $1.7 billion to develop and produce the next generation Jeep SUV, the successor of the Jeep Liberty -- including $500 million directly to tool and expand our Toledo Assembly Complex and will be adding about 1,100 jobs on a second shift by 2013.
n At our Jefferson North Assembly Plant, where we build the Jeep Grand Cherokee, we have created 2,000 jobs since June 2009 and have invested more than $1.8 billion.
n In Belvidere, where we build two Jeep models, we have added two shifts since 2009 resulting in an additional 2,600 jobs.
From The Detroit News: http://www.detroitnews.com/article/20121030/AUTO0101/210300401#ixzz2AneFxBJP
panAmerican
(1,206 posts)EC
(12,287 posts)endorsed the liar. Hope they're proud of their choice.
MightyMopar
(735 posts)Wonder how many languages Sergio can curse in. Marchionne is a 1000 times better businessman than a leverage buyout artist like Romney.