Chrysler to build Jeeps in China

Why not let China get involved in an American Auto Market. We are in debt up to our gills with China.It's the least we can do. Pay them to build an American Brand Vehicle and then give them a kick back on every sale. Originally Posted by acp5762

I don't think you understand the situ. GM is producing GM vehicles in China for sale mainly in China. The only thing we are getting is China is buying our debt. My guess is the Chinese "profits" are staying in China.

youre an idiot

opening plants in China wont cost 1 single american a job ... not one pant here will close because one opened in China .... expanding business is the MO of any company, Ford, GM, Walmart,Starbucks, McDonalds, to name a few, are perfect examples in China

you still wont answer the question because you cant afford to step on your own hypocritical dick ... just like you refused to answer the same question I ask you after Romney spouted it off during the campaign, and you were going batshit crazy ..

the dems opposed it huh? ... guess youre a dem, among other things. Originally Posted by CJ7

Just curious, a month or several months ago, how many plants in the US were producing Jeeps and how many people did they employ?

That sounds like an excellent research project for you Gonadfly.

I'm not the one making this "not one job lost" claim dipshit!

Neither am I, DIPSHIT

I'm not the one making this "not one job lost" claim dipshit! Originally Posted by gnadfly

I said no americans lost or will loose a job because a jeep plant opened in china ... the chinese market has no relevance on the american market

Yeah, but some folks just don't pay attention...

strange the people that rail against the Chrysler government bailout have (unfounded of course) issues with the company that went from the brink of destruction to being capable of opening plants in china to sell Chinese made Jeeps to Chinese people, and the profits belonging to the company can be used to pay back the government loan they bitch about ... as of 2012 Jeep has closed the Liberty division of their product line and laid off hundreds of people, BEFORE Jeep could open in China ... thats because the model doesnt sell, not because Hop Sing got Tom Smiths job ..

That sounds like an excellent research project for you Gonadfly. Originally Posted by Yssup Rider

I'm not the one making this "not one job lost" claim dipshit! Originally Posted by gnadfly

He won't do the research............... the truth scares him too much for that.......... he might find some facts such as these here:

http://www.examiner.com/article/mess...shuduppya-face

Message From Sergio Marchionne Regarding Jeep Production
October 30, 2012 11:55 AM
Re: Chrysler Group’s production plans for the Jeep® brand have become the focus of public debate.
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. In fact, U.S. production of our Jeep models has nearly tripled (it is expected to be up 185%) since 2009 in order to keep up with global demand.
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.
Together, we are working to establish a global enterprise and previously announced our intent to return Jeep production to China, the world’s largest auto market, in order to satisfy local market demand, which would not otherwise be accessible. Chrysler Group is interested in expanding the customer base for our award-winning Jeep vehicles, which can only be done by establishing local production. 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. This will never change. 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.
Sergio Marchionne

Seems Jeep has been making American jobs!

I said no americans lost or will loose a job because a jeep plant opened in china ... the chinese market has no relevance on the american market Originally Posted by CJ7

Now THAT is stupid!

Now THAT is stupid! Originally Posted by CuteOldGuy

why, because idiots like you believe they will or did?

ANY manufacturing company/plant in China always has the Chinese government as a partial owner, that includes all foreign companies with manufacturing in country. Socialism at it finest. They are still very much a communist government.

ANY manufacturing company/plant in China always has the Chinese government as a partial owner, that includes all foreign companies with manufacturing in country. Socialism at it finest. They are still very much a communist government. Originally Posted by Chica Chaser

Wow, that really advances the discussion.

I don't think you understand the situ. GM is producing GM vehicles in China for sale mainly in China. The only thing we are getting is China is buying our debt. My guess is the Chinese "profits" are staying in China.



Just curious, a month or several months ago, how many plants in the US were producing Jeeps and how many people did they employ? Originally Posted by gnadfly

While not a direct answer to your question, one would assume that it employs more people than less with record sales.

http://www.autoblog.com/2013/01/09/j...012/#continued

January 9, 2013 , Auburn Hills, Mich. - The Jeep® brand recorded global sales of 701,626 units in 2012, setting a new, all-time high – bettering the brand's previous annual high of 675,494 units sold in 1999.

Jeep vehicle sales increased 19 percent globally in 2012 versus 2011, and 13 percent in the United States (474,131 units).

"The Jeep brand has achieved double-digit percentage sales increases in each of the past three years, both globally and in the U.S. market," said Mike Manley, President and CEO – Jeep Brand, Chrysler Group LLC. "In late 2009, we set out on a course to quickly renew our entire vehicle lineup, with a focus on legendary Jeep capability combined with improved on-road driving dynamics, fuel efficiency and world-class craftsmanship. Clearly customers have appreciated the unique combination of attributes that Jeep vehicles offer.

"We expect to continue our sales momentum in 2013 with the introduction of an all-new mid-size Jeep SUV, as well as the new 2014 Jeep Grand Cherokee, which will be available with a new, clean-diesel engine," Manley added.

In 2012, each major global region recorded increased Jeep sales versus 2011. Specifically, Jeep sales in the Asia-Pacific region rose 94 percent; sales in European markets rose 29 percent; and sales in Latin American markets rose 18 percent. In China – the largest automobile market in the world – Jeep remains the fastest-growing mainstream brand, with sales up 107 percent in 2012. In the United States, Jeep has regained its number-one position in the SUV market.

Several individual Jeep nameplate records were also set in 2012. Jeep Wrangler enjoyed its best year ever both globally (194,142 units) and in the U.S. (141,669 units); Jeep Compass recorded its best year ever on a global basis (103,321 units); and Jeep Patriot recognized its best U.S. sales year with 62,010 units sold. Jeep Grand Cherokee recorded sales of 154,734 in the U.S. – its best annual total since 2005.

Across the globe, Jeep sales were led by Grand Cherokee (223,196 units), followed by Wrangler (194,142 units) and Compass (103,321 units).

The Jeep brand's sales results in 2012 come on the heels of similar success in 2011 (sales increases of 41 percent globally and 44 percent in the U.S. versus 2010) and 2010 (sales increases of 24 percent globally and 26 percent in the U.S. versus 2009).

ANY manufacturing company/plant in China always has the Chinese government as a partial owner, that includes all foreign companies with manufacturing in country. Socialism at it finest. They are still very much a communist government. Originally Posted by Chica Chaser

Have you seen the HBO film '41' ? Bush said thinking like that is what is wrong with this country.

It is a great piece btw. Highly recommend.

Wow, that really advances the discussion. Originally Posted by Randy4Candy

Wow, you aren't quite the brightest bulb in the chandelier are you Randy? Or your foresight is lacking.

http://usgovinfo.about.com/od/moneym...-China-Own.htm

Foreign governments hold about 46 percent of all U.S. debt held by the public, more than $4.5 trillion. The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

In total, China owns about 8 percent of publicly held U.S. debt. Of all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund's holdings of nearly $3 trillion and the Federal Reserve's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy.

To put China's ownership of U.S. debt in perspective, its holding of $1.2 trillion is even larger than the amount owned by American households. U.S. citizens hold only about $959 billion in U.S. debt, according to the Federal Reserve.

Many of the foreign holders of U.S. debt are investing more in their own economies. Over time, diminished demand for U.S. Treasuries could increase interest rates, thus slowing the economy. Furthermore, anticipation of this lower demand puts downward pressure on the dollar. That's because dollars, and dollar-denominated Treasury Securities, may become less desirable, so their value declines. As the dollar declines, foreign holders get paid back in currency that is worth less, which further decreases demand.