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View Full Version : Economics Bailed Out Chrysler To Move U.S. JEEP Production To Italy


KILLER_CLOWN
11-04-2012, 10:50 PM
'Obama's first new car was a Jeep.'

<iframe width="640" height="380" src="http://www.youtube.com/embed/Y-iYRtfOazE" frameborder="0" allowfullscreen></iframe>

Clinton speaks too soon.

Bill Clinton speaks in Youngstown, Ohio on Sunday, and attempts to deny the rumors that Jeep would be moving production overseas. Then yesterday Fiat-Chrysler CEO admitted the truth in the quarterly conference call.

All About Saving Fiat.

The Cerebrus-Chrysler bailout was a complete nightmare, and now we reap the rewards of Obama and Steven Rattner's stewardship all the way to Italy, and beyond.

Read these two links for the full story:

Fiat Will Outsource Chrysler Jeep – For $1 In Savings

BOMBSHELL: Fiat Says Chrysler, Jeep Production Will Move To Italy

This is an absolute, unmitigated outrage.

Here's the new Romney Ad in question:

<iframe width="640" height="380" src="http://www.youtube.com/embed/VQ8P04q6jqE" frameborder="0" allowfullscreen></iframe>

http://dailybail.com/home/to-save-1-bailed-out-chrysler-to-move-us-jeep-production-to.html

BCD
11-05-2012, 01:13 AM
LOL

Ouch

petegz28
11-05-2012, 07:15 AM
I posted about this over a week ago....

Direckshun
11-05-2012, 07:19 AM
Drudge posted about this over a week ago....

FYP

Radar Chief
11-05-2012, 08:17 AM
Jeep earned its name rolling all over Italy and now it returns to be retired.
I’d say the only thing more poetic would be if Japan started making a cheap copy but Mitsubishi actually did that for 45 years.

ROYC75
11-05-2012, 08:39 AM
Jeep, Moving Forward!

Dick Bull
11-05-2012, 08:55 AM
This is so horribly untrue that it actually got the companies themselves to dispute the ads. It is old ass news and you are ignorant sheep.

http://www.cbsnews.com/8301-34222_162-57542993/gm-like-chrysler-refutes-romneys-auto-industry-ad/


I do find it hilarious that in questioning the integrity of one, you shed light on the lies of the other. (accidently of course)

Radar Chief
11-05-2012, 09:07 AM
This is so horribly untrue that it actually got the companies themselves to dispute the ads. It is old ass news and you are ignorant sheep.

http://www.cbsnews.com/8301-34222_162-57542993/gm-like-chrysler-refutes-romneys-auto-industry-ad/


I do find it hilarious that in questioning the integrity of one, you shed light on the lies of the other. (accidently of course)

China/Italy, tomayto/tomahto.
Quick trivia: without Googling it anyone know where Jeep got its name?
Hint: it was never called the “General Purpose” anything and the letters G and P mean things in the military nomenclature that have nothing to do with a Jeep.

HonestChieffan
11-05-2012, 09:11 AM
Obama should invest in FIAT. They would be broke inside of 2 years.

vailpass
11-05-2012, 09:19 AM
This is so horribly untrue that it actually got the companies themselves to dispute the ads. It is old ass news and you are ignorant sheep.

http://www.cbsnews.com/8301-34222_162-57542993/gm-like-chrysler-refutes-romneys-auto-industry-ad/


I do find it hilarious that in questioning the integrity of one, you shed light on the lies of the other. (accidently of course)

This link is about Chrysler moving some production to China. The OP is about Italy. Did you mean to post a different link?

Brock
11-05-2012, 09:22 AM
Fix It Again, Tony!

vailpass
11-05-2012, 09:35 AM
China/Italy, tomayto/tomahto.
Quick trivia: without Googling it anyone know where Jeep got its name?
Hint: it was never called the “General Purpose” anything and the letters G and P mean things in the military nomenclature that have nothing to do with a Jeep.

Any of these right?

How Did Jeep Get Its Name

It is a popular belief that the name ‘jeep’ was derived from the abbreviation of the term G.P., which stood for ‘General Purpose vehicle’.
According to historical records, the term G.P. stood for automaker Ford’s nomenclature according to which, ‘G’ meant a vehicle for government’s use and ‘P’ was used to designate its 80-inch wheelbase.

In 1949, the Electro-Motive Division of General Motors, a manufacturer of railroad locomotives, launched its "General Purpose" line of automobiles, which were later named as ‘geeps’ and pronounced as ‘jeep’.

According to some historians, the word “jeep” was used in Oklahoma, in the 1930’s, to describe specialized trucks that were used in oil drilling.

Many people say that history of jeep dates back to the period of World War I, when mechanics in the garages used this term to refer to any new motor vehicle received for a test.

Another clarification for the word ‘jeep’ is that it was based on a character named ‘Eugene the Jeep’, which featured in the popular ‘Popeye’ comic strip in the 1930’s. The cartoon character gained instant recognition and became a sensation among the ardent Popeye fans.

The word "Jeep" had been also used in reference to a small tractor, manufactured by Moline.

Dick Bull
11-05-2012, 09:39 AM
This link is about Chrysler moving some production to China. The OP is about Italy. Did you mean to post a different link?

I was dealing with the ad. The production to italy is something I've not heard of, nor could I find anything else on the story to date.

Dick Bull
11-05-2012, 09:40 AM
China/Italy, tomayto/tomahto.
Quick trivia: without Googling it anyone know where Jeep got its name?
Hint: it was never called the “General Purpose” anything and the letters G and P mean things in the military nomenclature that have nothing to do with a Jeep.

Green Poonanny

I've heard stories

HonestChieffan
11-05-2012, 09:41 AM
jeep is an Italian word meaning skinflint, not generous, miserly.

"luigi is a jeep ass"

vailpass
11-05-2012, 09:43 AM
I was dealing with the ad. The production to italy is something I've not heard of, nor could I find anything else on the story to date.

Got ya'.

KILLER_CLOWN
11-05-2012, 09:43 AM
Fiat’s Benchmark to Outsource Chrysler Jeep – $1 in Savings
Submitted by Mark Modica on Wed, 10/31/2012 - 06:45

Fiat CEO Sergio Marchionne discussed, in limited detail, some of the Italian company's plans for future production of its vehicles, including the Chrysler and Jeep brands, during an earnings conference call yesterday. There has been much recent speculation on the possibility that some of the once American-owned Chrysler Jeep vehicles will be outsourced and produced overseas.

It was confirmed that at least some Jeeps will be manufactured outside the US in the near future. The plan is to produce a new, smaller Jeep in Italy that will be sold in Europe and also exported to America. The question now is, how many more American-made Chrysler products are at risk of being outsourced? Marchionne's answers to analysts' questions give insight into the mindset of Fiat's management regarding where the company's loyalties lie.

Marchionne announced that he wants full "unification" of Fiat and Chrysler by 2015 and made clear that Italian manufacturing facilities are going to have priority as European problems continue to plague Fiat's operations. Italian plants are operating at only 45% capacity, according to the call. In spite of that, there are no plans to make cuts at the plants, rather a focus on utilizing the plants for new models and vehicles to be exported to an already competitive American market. One can not rule out the possibility that American jobs will be put at risk as vehicles that would otherwise be made in the US will end up being produced in Italy or elsewhere. One of Marchionne's answers during the Q&A session may be the most telling.

The question asked was, "Could we see Chrysler funding some of the CAPEX (capital expenditure) for the Jeep vehicles to be produced out of Italy or will that all come from the Fiat side?" Marchionne gave the following logical answer that may have been a warning to the US that, if manufacturing costs are not kept in check, Fiat stands ready to produce the cars elsewhere.

"At the end of the day, if any brand belongs to the other organization and to the extent that, in the case of Jeep for example, which is owned by Chrysler; if Fiat is manufacturing a car for them, the only requirement that it should really worry about is that the alternative production that is being provided by Fiat is available at at least one dollar cheaper than Jeep can do it on its own. And so, as long as that benchmark standard is met than the financing has to follow, right? I mean if you are willing to fund it on your own terms then you should be able to fund it for somebody else. So the possibility of that happening is undoubtedly part of the plan and I think it's something we need to continue to develop."

So, while it may be accurate to say that there are no firm commitments to produce all Chryslers or Jeeps outside the US, bear in mind the benchmark mentioned by Marchionne that Chrysler should have for paying to produce vehicles outside America. The cost should be at least one dollar less for Fiat to decide to produce the vehicles elsewhere. Considering that, the possibility of Jeep manufacturing moving to China (something Fiat has already hinted at) can not be ignored, given the fact that they should be able to produce the cars for a lot less than America or Italy.

The simple lesson here is that if you are going to give an American company to the Italians, the company that accepts your gift may not repay the kindness by protecting US jobs. In the words of Marchionne, having Chrysler pay other countries to produce its vehicles for less than America can produce them "is undoubtedly part of the plan and I think it's something we need to continue to develop." Obviously, Fiat's loyalties are with its shareholders and the Italian citizens that now own Chrysler. President Obama should have considered that when he gave them Chrysler.

Mark Modica is an NLPC Associate Fellow.

http://nlpc.org/stories/2012/10/30/fiat%E2%80%99s-benchmark-outsource-chrysler-jeep-%E2%80%93-1-savings

Radar Chief
11-05-2012, 09:47 AM
Any of these right?

How Did Jeep Get Its Name

Another clarification for the word ‘jeep’ is that it was based on a character named ‘Eugene the Jeep’, which featured in the popular ‘Popeye’ comic strip in the 1930’s. The cartoon character gained instant recognition and became a sensation among the ardent Popeye fans.

This is the most consistent story I get on it, maybe because that’s the preferred one. :shrug:
But we do know WWII soldiers named it the Jeep and Popeye, a crusty old sailor that didn’t take gruff from nobody, was a very popular cartoon back then. Eugene the Jeep was his pet, a mystical creature that could walk through closed doors, walk up walls, basically go wherever it wanted much like a Jeep.

vailpass
11-05-2012, 09:51 AM
This is the most consistent story I get on it, maybe because that’s the preferred one. :shrug:
But we do know WWII soldiers named it the Jeep and Popeye, a crusty old sailor that didn’t take gruff from nobody, was a very popular cartoon back then. Eugene the Jeep was his pet, a mystical creature that could walk through closed doors, walk up walls, basically go wherever it wanted much like a Jeep.

Cool. I had never heard that.

Radar Chief
11-05-2012, 09:58 AM
Fiat’s Benchmark to Outsource Chrysler Jeep – $1 in Savings
Submitted by Mark Modica on Wed, 10/31/2012 - 06:45

.....The plan is to produce a new, smaller Jeep in Italy that will be sold in Europe and also exported to America. .....

http://nlpc.org/stories/2012/10/30/fiat%E2%80%99s-benchmark-outsource-chrysler-jeep-%E2%80%93-1-savings

OK, this makes a little more sense than taking existing product manufacturing out of the US and I have read that Jeep was going to build a smaller than a Wrangler sport ute aimed mostly at Europe.

BCD
11-05-2012, 06:51 PM
This is so horribly untrue that it actually got the companies themselves to dispute the ads. It is old ass news and you are ignorant sheep.

http://www.cbsnews.com/8301-34222_162-57542993/gm-like-chrysler-refutes-romneys-auto-industry-ad/


I do find it hilarious that in questioning the integrity of one, you shed light on the lies of the other. (accidently of course)

LMAO @ ANY democrap calling a republican a sheep.

BigRedChief
11-05-2012, 06:59 PM
You guys are so uninformed I'm not even going to attempt to point out how much BS propaganda this is. Google is your friend

alpha_omega
11-05-2012, 07:01 PM
Ciao.

Shaid
11-05-2012, 07:37 PM
LMAO @ ANY democrap calling a republican a sheep.

all I heard you say was baaaaaaaa. :p

KILLER_CLOWN
11-05-2012, 08:25 PM
You guys are so uninformed I'm not even going to attempt to point out how much BS propaganda this is. Google is your friend

Found this on google, so is google your friend as well?