Jeep and Chrysler - made in Italy?

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68mustang

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Fiat is simply doing the big company veiled threat gambit. "Hmmm, I'm thinking of picking up production and leaving. How much will you pay and how well will you grovel to keep it here?"

My thoughts? Tell them to not let the door hit em' in the ass on their way out! We can always replace you with a better manufacturer, such as Hyundai or Kia! :D
 

MLRyan

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"Mitt Romney has rightfully criticized the Obama Administration for handing over Chrysler to the Italians and now leaving the fate of American workers in the hands of Fiat management"
More unemployed=more potential Obama votes
 

ez bake

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Jeep and Chrysler production going to Italy? You thought Chrysler was a sub-par manufacturer in America, wait till they are made in Italy and exported to the US!

Thank you Obama for handing the Italians and American car manufacturer. I guess this is one way to get out of the strangle hold unions have on US manufacturing.

http://nlpc.org/cached/fiat-says-ch...-says-chrysler-jeep-production-may-move-italy

Coming hot on the heels of speculation that some Jeep production may be moved to China comes a bombshell from a Bloomberg report. Fiat is now considering moving Chrysler and Jeep production to Italy.

According to the piece, "To counter the severe slump in European sales, (Fiat CEO Sergio) Marchionne is considering building Chrysler models in Italy, including Jeeps, for export to North America. The Italian government is evaluating tax rebates on export goods to help Fiat. Marchionne may announce details of his plan as soon as Oct. 30, the people said."

So, let's be real clear here, we are talking about vehicles that will be built in Italy and exported to America. The evidence is clear that Fiat is looking at ways to move production of vehicles from the US to elsewhere, whether it be China or Italy, costing American jobs. This is becoming indisputable, despite outcries from certain parties to the contrary.

Mitt Romney has rightfully criticized the Obama Administration for handing over Chrysler to the Italians and now leaving the fate of American workers in the hands of Fiat management. Fiat is not a healthy company and the auto industry is in as great a risk as ever. The insistence that all is well by those with political motivations does not mask the danger. More jobs are at risk of being lost and more taxpayer money may be lost as well.

Let's face it, the auto bailouts were not well thought out. Perhaps General Motors' CEO, Dan Akerson, said it best when he said, "The good thing about our bankruptcy is that it took only 39 days. The bad news is that bankruptcy took only 39 days. If we had been there longer, people would have asked these questions and looked at these things."

The whole auto industry bailout process was rushed through with the wrong primary motivation of protecting the politically powerful UAW's interests. The Obama Administration never considered that giving Chrysler to Fiat was not a great idea and could eventually hurt the same UAW workers it was trying to protect. Manufacturers like Chrysler and GM are at a competitive disadvantage due to UAW obligations that were not properly addressed in the bankruptcy process. The industry is more competitive than ever and the government does not seem to be the best innovators to lead the sector to real health.

This entire post is mind-boggling.

First off - how did Obama do this (and keep in mind, the "Bailouts" were a two-part effort from Bush to Obama; Bush actually proposed way more money than Obama actually sent out - not that either had anything to do with Fiat)?

http://www.politico.com/news/stories/1208/16740.html

http://articles.cnn.com/2008-09-24/...an-mortgage-related-securities?_s=PM:POLITICS



Secondly - who the hell is Romney to criticize anyone for sending jobs overseas? Bain's MO for years was to send jobs overseas - that's what they did.

http://www.washingtonpost.com/busin...obs-overseas/2012/06/21/gJQAsD9ptV_story.html

He admits it here:

http://thinkprogress.org/economy/20...call-it-offshoring-not-outsourcing/?mobile=nc


How hilarious is it that the same people who blame Obama for everything are the first to belt out a sarcastic "it's all Bush's fault" like it's anything different.
 

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