Team Romney's Jeep Lie in Ohio

[Oldtimer]

Guys, Zaac's arguing for argument's sake. He doesn't care about the facts.
The only reason he posts here is for the sport of yanking peoples' chains.

That's been apparent for a while now.

Arbo, don't tell anybody. Sometimes I read the comics as a diversion from the realities of life for a few minutes.

:flower:

 

[Oldtimer]

And Obammy gave Chrysler Motors to Fiat!

Hopefully that fact isn't lost by anyone who's employment is within the auto industry. Not only the Jeep factory workers, themselves. There's a whole supply chain of associated products and services to consider, too.

Even if some manufacturing is mantained in the US, for whatever reason, that may be a drop in the bucket, compared to the worldwide distribution that ISN'T done here. Jobs that are NOT created here.

Fiat is going to mantain their profit margin. They have to, if they're going to stay in business. That isn't greed. That's just plain economic common sense. If they can better maintain that margin in China or Italy, that's what they are going to do. If that's the case, they may leave a "token" manufacturing presence in the US for political reasons. Or, they may not.

After the elections, it won't matter if they announce decreases in US productions capability. Right now Jeep is serving its political purpose just as others have at the time. Don't forget the visits to "green" jobs sites for stimilus justification that have since folded, for example.

 

[Zaac]

For the folks who care about FACTS:

...
And today, Fiat-Chrysler CEO Sergio Marchionne -- the "Italians" mentioned by Romney -- sent a company letter to employees rebutting the idea as well. Marchionne noted that Jeep's factory workforce in the United States had grown from 4,700 in 2008 to 9,300. "I feel obliged to unambiguously restate our position: Jeep production will not be moved from the United States to China," Marchionne wrote.

...

That didn't stop Romney from releasing another radio ad in Ohio that not only repeats the Jeep claim, but drags General Motors into the fray as well. "Under President Obama, GM cut 15,000 American jobs, but they are planning to double the number of cars built in China which means 15,000 more jobs for China," says the ad, repeating the claim that Romney "will stand up for the auto industry." Like the Jeep claim in the first ad, the words twist reality; GM does want to double production in China -- to 5 million vehicles, which would require at least 15,000 workers. But so are most other automakers; China now ranks as the world's largest market for new cars and trucks, and success there means building there.

UPDATE: GM spokesman Greg Martin also responded to Romney's radio ad on Tuesday: "We've clearly entered some parallel universe during these last few days. No amount of campaign politics at its cynical worst will diminish our record of creating jobs in the U.S. and repatriating profits back to this country."

...
Nope

Good to see that the folks at Fiat-Chrysler and GM don't mind pointing out the Romney machine lies.

 

[targus]

For the folks who care about FACTS:


Good to see that the folks at Fiat-Chrysler and GM don't mind pointing out the Romney machine lies.

More like they are changing their tune having been called out on it.

Their latest statement is not consistent with their prior statements on the matter.

Fiat-Chrysler flip flop.

I guess they have fiatnesia. :laugh:

And GM talking about creating jobs in the U.S. is a real joke.

But being owned by Obama and all what else can they be expected to say?:laugh:

 

[InTheLight]

GM spokesman Greg Martin also responded to Romney's radio ad on Tuesday: "We've clearly entered some parallel universe during these last few days. No amount of campaign politics at its cynical worst will diminish our record of creating jobs in the U.S. and repatriating profits back to this country."

Earnings reports are out today:

General Motors Company saw a 12% dip in its income, as Europe's woes finally start to take a toll. Revenue grew by 2.4%, from $36.7 billion in the third quarter of 2011 to $37.6 billion last quarter. Per-share earnings of $0.93 was more than 50% better than the profit of $0.60 GM was expected to create in Q3. Yet, it's still shy of the $1.03 profit General Motors mustered in Q3 a year earlier.

So which parallel universe is Greg Martin in where profits declining by 12% is considered good?

 

[TCassidy]

Romney was right. Democrats are lying.

http://washingtonexaminer.com/jeep-...-to-shift-production-to-china/article/2511703