Tuesday, January 15, 2013

Whoops! Chrysler Opening New Jeep Factory in China After All

Oh boy, virtually the entire "mainstream" political class attacked Mitt Romney for his alleged malicious lies on (bailed out) Chrysler Corporation's off-shoring manufacturing jobs to China. The Washington post had the classically idiot "fact check." See, "4 Pinocchios for Mitt Romney’s misleading ad on Chrysler and China.?" And from Jill Lawrence, at National Journal, "Romney Ad Wrongly Implies Chrysler is Sending U.S. Jobs to China." Lawrence is one of the "journalists" who announced that O's visage belongs on Mt. Rushmore.

Well, our "fourth branch" of government failed yet again in fulfilling its basic responsibility to provide the people with clear and accurate information so that they can hold government accountable. See the Wall Street Journal, "Chrysler Looks to Restart Jeep Production in China":

Chrysler Group LLC majority owner Fiat SpA F.MI -1.32% has struck a deal with Guangzhou Automobile Group 2238.HK -2.18% to restart Jeep production in China, a major step toward expanding the brand in the world's largest auto market.

The Jeep was first launched in China in 1983, and although production there ended in 2009 when Chrysler filed for bankruptcy, the brand remains well recognized. Today, Jeep sells three models in China—the Grand Cherokee, Wrangler and Compass—all imported.

Fiat said Tuesday it had signed a "framework agreement" to expand its partnership with Guangzhou to build more Fiat models, as well as to add Jeep production to China. Fiat already jointly builds the Fiat Viaggio, a midsize sedan, with the state-owned Guangzhou and imports several other models, including the subcompact 500.

The company didn't offer an exact time frame for Jeep production in China, saying only that any models built there will be for the Chinese market exclusively. At this point, it's unclear what models are being considered.

Chrysler and Fiat Chief Executive Sergio Marchionne has targeted Jeep, along with Italy's Alfa Romeo, as two brands with the potential to grow globally. With new models and localized factory production, Mr. Marchionne aims to expand Jeep's presence in Europe, Russia and China.

"The expansion of the agreement with our GAC partners will allow us to unleash the potential of both our Fiat and Chrysler Group brands in China," said Jeep chief Mike Manley, who is also chief operating officer for Fiat and Chrysler in Asia. He said the next-generation Jeep midsize sport utility vehicle, the Liberty replacement, will also be sold in China.
And remember Stephanie Cutter, Team Obama's chief propaganda minister? She attacked Mitt Romney as a liar all year, but she's the one who'd been lying. I know. We knew that already. But the lies just keep coming, don't they? See the Obama for America clip here. And you know, Chrysler and GM were in the tank with the lies as well. Mitt Romney was right. Team Obama claimed a "fact-based" campaign. What they actually achieved was an Orwellian nightmare that leveraged them back into power on deceit and demonization.