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01-14-2013, 02:10 PM
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#1
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Chrysler to build Jeeps in China
Remember way back before the election when everyone said I was lying about this? Apologies will be accepted.
Chrysler CEO Sergio Marchionne said the automaker plans to build some Jeeps in China for the local market — and later, in Russia.
"As part of our global expansion of the Jeep brand, there are some cars — that because of the price position in the market — can never be made in the U.S. and exported," Marchionne told reporters on the sidelines of the North American International Auto Show. "We're going to be announcing the first step in the globalization of Jeep (in China). There's another one that's going to come in Russia. These things are part of a natural process of expansion."
Marchionne said he will keep "the pillar cars of the Jeep (brand) in the United States. Wrangler is one. The Grand Cherokee is another. These are things that need to be protected because they represent the best and the essence of Jeep. If you tell me I cannot make a Patriot somewhere else, I might as well go out of the market."
Marchionne came under harsh criticism from Republican presidential candidate Mitt Romney, who falsely suggested that Chrysler would shift production from Ohio to China of the Jeep brand. The Romney ad on the issue was branded the "lie of the year" by fact checker "Politifact."
Marchionne rejected Romney's assertion in a letter to employees last fall. "I set the record straight to our people," he said. "We live in a world where we tell each other the truth and I think the stuff that was coming out was improperly phrased — it certainly was not reflective of the position of Chrysler."
Separately, Marchionne said no initial public offering could occur before nine months.
"Even I execute flawlessly… At the earliest, it's the fourth quarter," Marchionne said, noting that Chrysler needs to convert to a Chapter C Corporation first. "We will see what the markets say about an IPO."
He said he understands the United Auto Workers health care trust fund wants to swap more stock for cash.
"They need to see their position monetized," Marchionne said. "We'll try to get them a way there. If they want to do it through an IPO, we'll do it through the IPO."
Marchionne said he believes U.S. vehicle sales will be strong in 2013, totaling at least 15 million.
From The Detroit News: http://www.detroitnews.com/article/2...#ixzz2HyyMrPac
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01-14-2013, 02:11 PM
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#2
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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nobody said you were lying .. Chrysler said they werent
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01-14-2013, 02:21 PM
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#3
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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you against Chrysler building cars in China?
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01-14-2013, 02:40 PM
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#4
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Romney was lying, you were just trying to spread his lie
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01-14-2013, 02:42 PM
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#5
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,195
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Isn't that just Chrysler exercising its freedom?
Although I do find it somewhat ironic that some of you asshats will go shopping for a new car and be drawn to a Liberty or a Patriot ... made in China!
LMAO @ gullible DIPSHITS!
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01-14-2013, 02:46 PM
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#6
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Valued Poster
Join Date: Mar 10, 2010
Location: Houston
Posts: 5,740
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Chrysler would be making Jeeps in a right to work state like South Carolina or Texas, except that Obama and the UAW would rather the communists got the jobs instead of a right to work state.
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01-14-2013, 03:15 PM
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#7
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Valued Poster
Join Date: Mar 30, 2009
Location: Hwy 380 Revisited
Posts: 3,333
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Hmmm, the slippery ol' semantics shell game from the lewzer lawyer.
The original bs "firestorm" set off back durnig the latest erection was that Chrysler was moving the enitre Jeep brand to China. Even this article shows that to be incorrect.
Yet, another "Nuch Ado About Nada."
What apologies?
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01-14-2013, 03:25 PM
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#8
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by CuteOldGuy
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You were lying then and you are lying now.
The jest of it is, you do not even know you are lying!
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01-14-2013, 03:32 PM
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#9
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Valued Poster
Join Date: Mar 10, 2010
Location: Houston
Posts: 5,740
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Quote:
Originally Posted by WTF
You were lying then and you are lying now.
The jest of it is, you do not even know you are lying!
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Of course that's just your opinion. We all have our own personal realities. According to you and Dick, there are seven billion people on the planet and seven billion different realities.
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01-14-2013, 03:36 PM
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#10
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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They thought Mitt's reality , way outta wack.
Quote:
Originally Posted by joe bloe
Of course that's just your opinion. We all have our own personal realities; a least according to you and Dick. There are seven billion people on the planet and seven billion different realities.
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Yes you are correct. The majority of realities lined up with mine on election day.
Precisely because of this Jeep reality of COG's being in the vast minority.
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01-14-2013, 04:20 PM
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#11
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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well COF, you against Chrysler building cars in China or not ?
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01-14-2013, 04:41 PM
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#12
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Account Disabled
Join Date: Jan 20, 2011
Location: kansas
Posts: 28,773
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Lots of companys build cars in other markets for those markets.Ford has built overseas for years and the cars built there you can't buy here.
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01-14-2013, 08:04 PM
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#13
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Apologies accepted.
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01-14-2013, 08:08 PM
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#14
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Account Disabled
Join Date: Dec 23, 2009
Location: Central Texas
Posts: 15,047
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Quote:
Originally Posted by CuteOldGuy
Apologies accepted.
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Why should someone other than you apologize for you being a StupidOldLyingFart?
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01-14-2013, 08:59 PM
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#15
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Valued Poster
Join Date: Mar 10, 2010
Location: Houston
Posts: 5,740
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Quote:
Originally Posted by WTF
Yes you are correct. The majority of realities lined up with mine on election day.
Precisely because of this Jeep reality of COG's being in the vast minority.
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That's really something to brag about. There's a reason "Here Comes Honey Boo Boo" is a smash hit. Obama was elected and re-elected because most Americans are blithering idiots like you.
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