Skip to comments.Jeep, an Obama favorite, looks to shift production to China
Posted on 10/25/2012 6:51:50 PM PDT by DaveTesla
In another potential blow for the president's Ohio reelection campaign, Jeep, the rugged brand President Obama once said symbolized American freedom, is considering giving up on the United States and shifting production to China.
Such a move would crash the economy in towns like Toledo, Ohio, where Jeeps are made and supplied, and rob the community of the economic security they thought Obama's auto bailout assured them.
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.
(Excerpt) Read more at washingtonexaminer.com ...
This will be a disaster for Toledo Ohio and a windfall for communist government state owned Guangzhou.
Jeep has now been crossed off my list of vehicles I would like to own. I thought Chrysler owned the Jeep name.
I guess I will be spending lots of money in the future in the Aftermarket, and not at a dealership. I love my JKU Rubicon, and would be perfectly happy to drive it for the next 25-30 years.
Wait, where did you see that the Detroit Free Press endorsed Romney? The Detroit News did this morning but I woudl be shocked if the Free Press, one of the most liberal papers in the Midwest, would endorse Romeny. I would love for you to be right but I would like to know the source.
An American Original and Classic.
Shipped off to our enemies......SIGH
There is just something wrong with the descendent of the vehicle that helped win WWII being manufactured in a Communist country.
There is a Jeep plant in Ohio. Wake up Ohio.
GM building 70% of their cars in China, now Jeep going to Chine.
Two Companies that were bailed out by Obama bailing out on the United States.
That’s your Obama plan in action./
Fiat has a 61.8% stake after acquisition of the equity interests held by the U.S. Treasury.
You could eliminate all unions, regs and taxation on manufacturing and the lure of slave labor would not be overcome. The funny thing is with autos labor is only about 10% of the cost of manufacturing. When you factor in building the new factory and increased shipping costs the amount saved is pennies on the dollar. Bastards. I say tariff the hell out of the incoming jeeps.
The Oboma sponsored bankruptcy of both Chrysler and General Motors reduced debt and gave temporary relief but did little to address the core problem of unsustainable labor cost. Short of another bankruptcy, moving to China is their only way to deal with the hold the UAW has on them. That is essentially what Romney cautioned about at the time of the first bankruptcy.
Fairly low tariffs equally applied were the preferred type of taxation by the Founding Fathers. They were right.
The War of 1812 was financed without an income tax and with interruptions in tariff revenue. A generation and a half after the Revolution America had neglected its Department of War and its marksmanship. The Washington, DC sacking by the Brits was our humiliation but we soon drilled reserves into forces that were formidable. The Battle of New Orleans showed we could defend a city.
It’s not about costs.
It’s about handing technology, manufacturing, and the means to create wealth in America to a communist system.
Handing over the future to the communists so
a global communist order can be built.
In the end they will fail,
and won’t even understand why.
“What good are tariffs if WE are handing the whole industry over to the communists on a silver platter?”
Because tariffs take the silver off the platter.
Don't hold your breath...
The folks that are supposed to impose the tariffs are
behind the transfer.
Fiat has lost their mind if they think they are going to make Jeeps in China and ship them over here. They will be broke in a month after the first shipment with warranty claims. I work for a major parts supplier and the Big 3 want 100% perfect parts with 1-3 micron tolerances on a stamped part. We are barely able to make that in the US, no way our China plant is going to do that or have the capacity to handle the volume of that.