To: tanknetter
You can argue that you believe the article is wrong but just because Obama and Chrysler are backtracking doesn't mean it is.
You can't honestly believe that Jeep is going to be built in China just for “locals” and won't export them?
The ad is based on this report and that's the connection.
11 posted on
10/30/2012 3:59:17 AM PDT by
tobyhill
(Obamacare, the final nail in the US coffin.)
To: tobyhill
You can argue that you believe the article is wrong but just because Obama and Chrysler are backtracking doesn't mean it is.
There's no "backtracking". The original Bloomberg article cites the Jeep President as saying production isn't being shifted. That's not backtracking.
To: tobyhill
You can't honestly believe that Jeep is going to be built in China just for locals and won't export them?Both GM and Ford have plants in China with local joint venture partners. They manufacture for the local market. The reason you won't see those cars here any time soon is because the Chinese car market is generally lower-end than what we have here. Engines are smaller and crash test specs are not as good, because of fuel efficiency requirements there - not government requirements, but the fact that Chinese wages are way lower, which means gas mileage needs to be really good. Some of these Chinese car buyers are earning $4K a year. While those wages fall below the Chinese income tax threshold, they can't afford to drive gas guzzlers.
19 posted on
10/30/2012 4:48:49 AM PDT by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
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