“It was a lie told in the critical state of Ohio in the final days of a close campaign — that Jeep was moving its U.S. production to China. It originated with a conservative blogger, who twisted an accurate news story into a falsehood. Then it picked up steam when the Drudge Report ran with it. Even though Jeep’s parent company gave a quick and clear denial, Mitt Romney repeated it and his campaign turned it into a TV ad.” …
Ok. Now here’s what the Reuters reported earlier this week:
“Fiat (FIA.MI) and its U.S. unit Chrysler expect to roll out at least 100,000 Jeeps in China when production starts in 2014 as they seek to catch up with rivals in the world’s biggest car market. …”
By expanding Jeep production to China, instead of increasing Jeep production in the U.S., it’s safe to say the Jeep (or more properly, Fiat, which now owns Chrysler) is choosing to create more jobs overseas instead of in America where taxpayers bailed the company out.