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flamingdem

(39,313 posts)
Tue Oct 30, 2012, 12:18 PM Oct 2012

Chrysler 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

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Chrysler to Romney: Jeep production will not be moved from U.S. to China (Original Post) flamingdem Oct 2012 OP
LOL, tell the truth and make the devil mad! panAmerican Oct 2012 #1
and the Detroit news EC Oct 2012 #2
Sure would like to hear what Marchionne really thinks MightyMopar Oct 2012 #3
 

MightyMopar

(735 posts)
3. Sure would like to hear what Marchionne really thinks
Tue Oct 30, 2012, 01:45 PM
Oct 2012

Wonder how many languages Sergio can curse in. Marchionne is a 1000 times better businessman than a leverage buyout artist like Romney.

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