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AUTO BAILOUT BOMBSHELL: Fiat Says Chrysler, Jeep Production May Move to Italy
National Legal and Policy Center ^ | 10/29/2012 | Mark Modica

Posted on 10/29/2012 1:30:40 PM PDT by Livin_large

Coming hot on the heels of speculation that some Jeep production may be moved to China comes a bombshell from a Bloomberg report. Fiat is now considering moving Chrysler and Jeep production to Italy.

According to the piece, "To counter the severe slump in European sales, (Fiat CEO Sergio) Marchionne is considering building Chrysler models in Italy, including Jeeps, for export to North America. The Italian government is evaluating tax rebates on export goods to help Fiat. Marchionne may announce details of his plan as soon as Oct. 30, the people said."

(Excerpt) Read more at nlpc.org ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: bailout; fiat; jeep
This needs to get out...
1 posted on 10/29/2012 1:30:41 PM PDT by Livin_large
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To: Livin_large
ROTFLMAO!!!!!!!!!!!!!!!!!!!!!!!!!

This after all the hoopla over the Romney ad is hilarious!!

2 posted on 10/29/2012 1:32:34 PM PDT by Tennessean4Bush (An optimist believes we live in the best of all possible worlds. A pessimist fears this is true.)
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To: Livin_large
0bama Motors be outsourcin' jobs ...

Hey Willard! Iff'n ya really wanna be president, ya might wanna make sure folks know about this 'n all ...

Jus' sayin' ...

3 posted on 10/29/2012 1:33:51 PM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: Livin_large
This needs to get out...

I'm sure ALL the UAW shops in MI, WI and OH are talking about it right now.....

4 posted on 10/29/2012 1:37:45 PM PDT by Red Badger (Why yes, that was crude and uncalled for......That's why I said it..............)
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To: Livin_large
This could be a setup. Zero stops the "move," and becomes a hero in Ohio.
5 posted on 10/29/2012 1:40:38 PM PDT by Carry_Okie (The Slave Party: advancing indenture since 1787.)
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To: Livin_large

But,But, The Italians need the jobs and they shouldn’t have to pay the UAW.


6 posted on 10/29/2012 1:41:23 PM PDT by mongo141 (Revolution ver. 2.0, just a matter of when, not a matter of if!)
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7 posted on 10/29/2012 1:42:02 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=om93destr)
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To: Livin_large

Ralph Mancow is deeply saddened.


8 posted on 10/29/2012 1:42:25 PM PDT by SnuffaBolshevik (In a tornado, even turkeys can fly.)
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To: Livin_large

Link to original B llomberg article...

http://www.bloomberg.com/news/2012-10-28/marchionne-seen-missing-fiat-sales-target-by-19-billion.html


9 posted on 10/29/2012 1:44:20 PM PDT by Livin_large
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To: Livin_large

Three cheers for Agnelli! Or Marichonne!!

Whoever - they just stuck a red-hot poker up O’s anus.


10 posted on 10/29/2012 1:46:48 PM PDT by RossA
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To: Livin_large; sickoflibs; stephenjohnbanker; DoughtyOne; Gilbo_3; NFHale; Impy

Chrysler should be getting phone calls from the WH, DOJ, IRS, FBI, etc., to shut up about this until after the election, or even to announce that they will not move any jobs overseas.

That’s what gangster government does.


11 posted on 10/29/2012 1:48:17 PM PDT by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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To: Livin_large
CIAObama
12 posted on 10/29/2012 2:00:58 PM PDT by moovova (If someone is still "undecided", they're not really undecided. They're just chronically perplexed.)
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To: Livin_large

If this is being orchestrated as a trick they’d better hurry the hell up and get Fiat to change their minds.


13 posted on 10/29/2012 2:00:58 PM PDT by Terry Mross (To former friends and relatives. Don't ever contact me if you still support obama.)
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To: ding_dong_daddy_from_dumas; Livin_large; sickoflibs; stephenjohnbanker; DoughtyOne; Gilbo_3; ...

They don’t fear Obama like they used to. Only the Republicans in the House & Senate still fear him.


14 posted on 10/29/2012 2:05:32 PM PDT by stephenjohnbanker ((God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.))
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To: Livin_large

LOL!! I don’t think that’ll be a problem


15 posted on 10/29/2012 2:15:14 PM PDT by InvisibleChurch (the mature Christian is almost impossible to offend)
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To: Carry_Okie

Is everything a democratic ploy? Maybe the leftists are just idiots who don’t know how to run an economy.


16 posted on 10/29/2012 2:17:16 PM PDT by InvisibleChurch (the mature Christian is almost impossible to offend)
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To: Tennessean4Bush

Yes

When your contact says you have to pay the guy who mops the floor $30 an hour, I can predict with 100% certainty what will happen in the long run, and you are seeing it.

Union have destroyed the middle class by pricing jobs so far out of whack with the market.


17 posted on 10/29/2012 2:18:27 PM PDT by Huskerscott
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To: Livin_large

This is such a stupid interpretation of this story that I am depressed so many FReepers swallow this bilge.

Fiat has always planned for production of some small Jeeps in Italy.

This does not affect US production, especially since they have dumped billions into the Ohio assembly plants.

Don’t fall for this stupidity.


18 posted on 10/29/2012 2:38:22 PM PDT by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
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To: Huskerscott

The union most likely gave the guy the job title of “Floor Sanitation Engineer.” That’s worth at least $40/hr, but the eeevil CEO is still screwing him.


19 posted on 10/29/2012 2:42:47 PM PDT by matt04
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To: InvisibleChurch
Maybe the leftists are just idiots who don’t know how to run an economy.

Their toadies may be idiots, but their crooked sponsors are definitely not. The reason is that the left envisions a Cloward-Piven meltdown as an opportunity, not a problem. The poor among them (errantly) "think" they have little to lose and "somebody else's money" to gain. The extremely wealthy look to pick up the pieces from their "debtors" (the former middle class) selling their assets for pennies on the dollar.

20 posted on 10/29/2012 2:42:56 PM PDT by Carry_Okie (The Slave Party: advancing indenture since 1787.)
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To: Livin_large

Just what we need. Bio-degradable Chryslers, like the Fiat will be swept off the garage floor in 8-10 years.


21 posted on 10/29/2012 2:43:01 PM PDT by Don Carlos (01/20/2009 - Begin the Obama Interregnum)
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To: Livin_large


22 posted on 10/29/2012 2:45:31 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Livin_large

When I was living in Italy last year, I saw Voyager minivans and 300C sedans under the Lancia marque. This saddens but doesn’t surprise me, especially since the Italians are scraping for jobs and the Italian government is scraping for tax revenue.


23 posted on 10/29/2012 2:47:30 PM PDT by GCC Catholic
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To: Erik Latranyi

If NO Jeep models are manufactured in Italy and imported into the USA now, pray tell us how that it will not affect US production when\if it occurs in the future...

Sounds like funny math to me.


24 posted on 10/29/2012 2:52:45 PM PDT by Livin_large
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To: stephenjohnbanker; Livin_large; sickoflibs; DoughtyOne; Gilbo_3
They don’t fear Obama like they used to. Only the Republicans in the House & Senate still fear him.

You have more faith in crony capitalists that I do :) If blackmail didn't work O would switch to graft.

25 posted on 10/29/2012 3:28:37 PM PDT by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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To: ding_dong_daddy_from_dumas

” You have more faith in crony capitalists that I do :)”

I hate em, but even crony caps see the writing on the wall : )


26 posted on 10/29/2012 3:36:20 PM PDT by stephenjohnbanker ((God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.))
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To: Livin_large

So the way to boost European sales is to produce cars in Europe and export them to the US, where all the laid off Chrysler and Jeep workers will just eat them up. Great plan. Is it possible that as the EU implodes, people will simply be buying less cars there? Is it also possible that one shouldn’t open new factories in imploding economies, especially not after cashing big bailout checks?


27 posted on 10/29/2012 3:40:44 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: Livin_large

Just what Obama wants.


28 posted on 10/29/2012 4:30:30 PM PDT by TBP (Obama lies, Granny dies.)
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To: Livin_large
If NO Jeep models are manufactured in Italy and imported into the USA now, pray tell us how that it will not affect US production when\if it occurs in the future...

Because these are Jeep models that do not exist. These are tiny Jeeps primarily for the European market, but will be sold here as well.

29 posted on 10/29/2012 5:11:56 PM PDT by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
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To: Erik Latranyi
I'm pretty sure that the Patriot/Compass replacement will be built in Torino, in addition to the Fiat subcompact SUV (with Jeep badging). From various articles I've seen, the former are intended for export to North America while the tiny one stays in Europe.

There may not be a net loss for Jeep production here in the U.S., though - the Grand Cherokee is going to serve as the platform for Fiat's new upmarket SUVs badged as Alfas and Maseratis.

30 posted on 10/29/2012 6:11:22 PM PDT by Charles Martel (Endeavor to persevere...)
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To: Livin_large
Soon you will be driving a beautiful yet CRAPPY Italian Jeep. Italian cars are beautiful to look at, but they are crappy driving wise -- yes even Ferrari!!

Thank you Obama for giving our treasure Jeep to FIAT (the 'Fix It Again, Tony' company).

31 posted on 10/29/2012 7:12:41 PM PDT by ExCTCitizen (Yes, Obama, I had help with my business. MY CUSTOMERS!)
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