Sure the hell was NOT Romney.
Fiat Says Jeep Output May Return to China as Demand Rises - Bloomberg
EXCERPT...
Fiat Says Jeep Output May Return to China as Demand Rises
By Craig Trudell - Oct 22, 2012 10:10 AM CT
Fiat SpA (F), majority owner of Chrysler Group LLC, plans to return Jeep output to China and may eventually make all of its models in that country, according to the head of both automakers’ operations in the region.
Fiat is in “very detailed conversations” with its Chinese partner, Guangzhou Automobile Group Co. (2238), about making Jeeps in the world’s largest auto market, said Mike Manley, chief operating officer of Fiat and Chrysler in Asia. Chrysler hasn’t built Jeeps there since before Fiat took control in 2009.
Enlarge image Fiat Says China May Build All Jeep Models as SUV Demand Climbs
The bodies of 2012 Jeep Compass and 2012 Jeep Patriot sports utility vechicles (SUV) move along the assembly line at the Chrysler Group LLC assembly plant in Belvidere, Illinois. Photographer: Daniel Acker/Bloomberg
“The volume opportunity for us is very significant,” Manley, who is also president of the Jeep brand, said in an interview at Chrysler’s Auburn Hills, Michigan, headquarters. “We’re reviewing the opportunities within existing capacity” as well as “should we be localizing the entire Jeep portfolio or some of the Jeep portfolio.”
Fiat Says Jeep Output May Return to China as Demand Rises - Bloomberg
EXCERPT...
Fiat Says Jeep Output May Return to China as Demand Rises
By Craig Trudell - Oct 22, 2012 10:10 AM CT
Fiat SpA (F), majority owner of Chrysler Group LLC, plans to return Jeep output to China and may eventually make all of its models in that country, according to the head of both automakers’ operations in the region.
Fiat is in “very detailed conversations” with its Chinese partner, Guangzhou Automobile Group Co. (2238), about making Jeeps in the world’s largest auto market, said Mike Manley, chief operating officer of Fiat and Chrysler in Asia. Chrysler hasn’t built Jeeps there since before Fiat took control in 2009.
Enlarge image Fiat Says China May Build All Jeep Models as SUV Demand Climbs
The bodies of 2012 Jeep Compass and 2012 Jeep Patriot sports utility vechicles (SUV) move along the assembly line at the Chrysler Group LLC assembly plant in Belvidere, Illinois. Photographer: Daniel Acker/Bloomberg
“The volume opportunity for us is very significant,” Manley, who is also president of the Jeep brand, said in an interview at Chrysler’s Auburn Hills, Michigan, headquarters. “We’re reviewing the opportunities within existing capacity” as well as “should we be localizing the entire Jeep portfolio or some of the Jeep portfolio.”