Jeep plant in Belvidere, Illinois
Chrysler Group LLC Chief Executive Officer Sergio Marchionne reiterated that Jeep sport-utility vehicle production will stay in the U.S. after presidential candidate Mitt Romney suggested output may move to China.
“Jeep production will not be moved from the United States to China,” Marchionne wrote today in a letter to Auburn Hills, Michigan-based Chrysler’s employees. “Jeep assembly lines will remain in operation in the United States and will constitute the backbone of the brand. It is inaccurate to suggest anything different.”
Romney told a crowd a crowd in Defiance, Ohio, on Oct. 25 that he saw an unidentified story that said Jeep was “thinking of moving all production to China.” The Republican nominee has since aired an ad in Ohio highlighting Chrysler’s desire to make Jeeps in China without mentioning investments and added jobs at U.S. Jeep plants. President Barack Obama is scheduled to air a response ad in the closely contested state today.
Bloomberg News reported Oct. 22 that Chrysler’s majority owner Fiat SpA (F) planned to resume Jeep output in China and may eventually make all of the brand’s models there. The report stated that potential production in China would be in addition to output at plants in Michigan, Illinois and Ohio.
Chrysler hasn’t built Jeeps in China, the world’s largest auto market, since before Turin, Italy-based Fiat took control of the U.S. automaker in 2009 after a U.S.-backed bankruptcy. Production in China would allow Fiat and Chrysler to sell Jeeps that avoid Chinese government tariffs on imported vehicles…
Since its bankruptcy in 2009, Chrysler has announced about $4.2 billion in investments for Jeep models and plants that produce them in Detroit; Belvidere, Illinois; and Toledo, Ohio. The three investments will add about 5,700 jobs combined by next year, Marchionne wrote today in his message to employees.
Republicans have often lied about economics, racism, bigotry of every stripe – when their tactics embrace the worst of hypocrisy. Never can I recall the CEO of a corporation having to distribute a letter to employees about the lies of a presidential candidate.
If you vote for Romney, you’re really going to get what you deserve – untruth in advertising.