In a letter to shareholders, Fiat-Chrysler CEO Sergio Marchionne rebuts Romney's deliberate lie about Chrysler and jobs to China. (Fiat and the UAW pension plan own Chrysler, with Fiat owning about 55% and [had been] planning to buy out the UAW over time). [Fiat now says it will not buy out UAW because it is using that money to deal with bad Euro economy]
I feel obliged to unambiguously restate our position: Jeep production will not be moved from the United States to China.
snip
We also are investing to improve and expand our entire U.S. operations, including our Jeep facilities. The numbers tell the story:
We will invest more than $1.7 billion to develop and produce the next generation Jeep SUV, the successor of the Jeep Liberty -- including $500 million directly to tool and expand our Toledo Assembly Complex and will be adding about 1,100 jobs on a second shift by 2013.
At our Jefferson North Assembly Plant, where we build the Jeep Grand Cherokee, we have created 2,000 jobs since June 2009 and have invested more than $1.8 billion.
In Belvidere, where we build two Jeep models, we have added two shifts since 2009 resulting in an additional 2,600 jobs.
With the increase in demand for our vehicles, especially Jeep branded vehicles, we have added more than 11,200 U.S. jobs since 2009. Plants producing Jeep branded vehicles alone have seen the number of people invested in the success of the Jeep brand grow to more than 9,300 hourly jobs from 4,700. This will increase by an additional 1,100 as the Liberty successor, which will be produced in Toledo, is introduced for global distribution in the second quarter of 2013.
snip
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.
Detroit News
That is, MITT ROMNEY IS A LIAR!
This should get some media coverage in Ohio. :-)