Posted on 01/14/2017 2:37:42 PM PST by E. Pluribus Unum
The smartest insight and analysis, from all perspectives, rounded up from around the web:
Car companies are desperate to get on the good side of the president-elect, said Bernie Woodall and David Shepardson at Reuters. For months, Donald Trump has threatened to slap big tariffs on cars built in Mexico and has scolded U.S. automakers — sometimes inaccurately — for not building more cars domestically. All that criticism appears to be sinking in. Fiat Chrysler said this week that it will invest $1 billion in two Midwestern plants and create 2,000 U.S. jobs; Ford announced last week that it would scrap plans to build a $1.6 billion plant in Mexico and instead invest $700 million to upgrade one of its Michigan plants, hiring 700 workers in the process. Although "both companies have said they made the decision for business reasons and not because of pressure from Trump," there's no denying that automakers are feeling the heat. Talk of Trump's arm-twisting is dominating this week's Detroit Auto Show, said Bill Vlasic and Neal Boudette at The New York Times. With a few admonishing tweets, the president-elect "has changed the focus of the show from what new vehicles are on display to where they are made."
(Excerpt) Read more at theweek.com ...
In what way is a Fiat car built in another country the product of an “American auto maker”.
Love it! America could become the great land of opportunity and optimism once again. So much winning!
Fiat Group owns Chrysler which still makes some cars here.
God forbid that these American branded vehicles that have taken advantage of American Bankruptcy, ownership, courts and property laws so much as be expected to pay at least a bit of heed to the tax payers who bailed out 2/3 rds of their industry and saved the executives and union thugs their massive salaries and benefits.
There is a new sheriff in town and American benefits demand some American responsibility to the American middle class worker and tax payer that has been so abused by large corporations and even larger government for far too long.
This is the best year so far!
FIAT, “fix it again tomorrow” crappy cars.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.