Jeep not moving to China, Chrysler CEO Sergio Marchionne confirms, contrary to Mitt Romney’s claimBy Angel Cuala on Oct 31, 2012 in Business, International, Politics, United States •
The production of Chrysler‘s Jeep is not moving from US to China, Chrysler CEO Sergio Marchionne confirmed on Tuesday, October 30, 2012, in support of the earlier statement of Chrysler. This is contrary to what Republican presidential candidate Mitt Romney has claimed in his earlier speech in Ohio, which was also mentioned in his new ad.
Mitt Romney, speaking in a campaign in Ohio
Image Credit: Getty Images
According to a press release posted at Blog.Chryslerllc.com on Tuesday noon, Sergio Marchionne made a statement confirming that Jeep is not moving to China and that the company has even plans to invest more in their operation of Jeep in US facilities so that they can be able to meet the demands worldwide.
“I feel obliged to unambiguously restate our position: Jeep production will not be moved from the United States to China. North American production is critical to achieving our goal of selling 800,000 Jeep vehicles by 2014. We also are investing to improve and expand our entire U.S. operations, including our Jeep facilities.” Marchionne wrote.
“With the increase in demand for our vehicles, especially Jeep branded vehicles; we have added more than 11,200 U.S. jobs since 2009. This will ultimately help bolster the Jeep brand, and solidify the resilience of U.S. jobs. Jeep is one of our truly global brands with uniquely American roots.” The Chrysler CEO added.
Mr. Marchionne said that Chrysler will invest more than $1.7 billion to develop and produce the next generation Jeep SUV, including a $500-million investment directly to tool and expand our Toledo Assembly Complex in Ohio, which will result to 1,100 additional jobs on a second shift by 2013.
In addition, he emphasized that over $1.8 billion was invested at Jefferson North Assembly Plant in Detroit, where the Jeep Grand Cherokee was produced, which created around 2,000 jobs since June 2009. Furthermore, an additional 2,600 jobs were created in their Chrysler factory in Belvidere, Illinois, where two Jeep models were built.
“So much so that we committed that the iconic Wrangler nameplate, currently produced in our Toledo, Ohio plant, will never see full production outside the United States. Jeep assembly lines will remain in operation in the United States and will constitute the backbone of the brand. It is inaccurate to suggest anything different.” Marchionne said on the last part.
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