Oh, look, here's the story Romney probably read (http://www.bloomberg.com/news/2012-10-21/fiat-says-china-may-build-all-jeep-models-as-suv-demand-climbs.html).
Manley referred to adding Jeep production sites rather than shifting output from North America to China.
So, basically, Romney's argument is that a company might not expand exclusively only in the US?
Wouldn't it be phenomenally more cost-effective to make Jeeps for China in China, since that kinda cuts down on the whole "send them over by boat" thing?
Fiat SpA (F), majority owner of Chrysler Group LLC, plans to return Jeep output to China and may eventually make all of its models in that country, according to the head of both automakers’ operations in the region.
Emphasis mine.
The Jeep president then went on to say “[W]e’re reviewing the opportunities within existing capacity” as well as “should we be localizing the entire Jeep portfolio or some of the Jeep portfolio.”
Romney was correct as he knew it. Nothing in his statement was false.
Case in point on that quote being easy to misinterpret...if I thought you were being serious, but I'm honestly not sure. Cards on the table now—are you sincere, or just bored and looking for a pointless argument to fill the time? Nothing in what you've quoted says that production in the U.S. will be shut down to any degree, "fairly clearly" or otherwise. It simply doesn't say explicitly that that won't happen, which I guess makes some folks feel safe to assume it will. In response, the CEO of Chrysler has already clarified that they are NOT moving production out of the U.S., but simply beginning it elsewhere as well as doing it in the U.S. So basically the only person left saying this will happen is you, and possibly Romney if he hasn't gotten the word. You have, and yet here we are. What's up?
No, the direct quote says they may eventually make all models there. As opposed to making some models there and importing others.
It doesn't say anything at all about moving production, or ceasing production elsewhere. It just says "eventually the factories there will have a full set of outputs".
Imagine a McDonald's that only serves cheeseburgers for now, but plans are in the works to install a fryer so they can make fries, and then drink machines, and then arrange an egg supply so they can do McMuffins, etc. Eventually, this McDonald's will produce all models of McDonald's food. It will not produce all food for all McDonald's everywhere.
Your misreading is understandable, but it is a misreading, and it's clearly established as a misreading in the rest of the article, and repeatedly in Chrysler's statements.
They're making so much money they can afford to expand into foreign markets while keeping production up at home -- and Mitt Romney thinks that's a -bad- thing.
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timeasmymeasure
no subject
Date: 2012-10-30 09:55 pm (UTC)Not only is Mitt Romney not going to let his campaign be deterred by fact-checkers, he's not going to let his campaign be deterred by facts!
I eagerly await our grammar-slicing friends from across the aisle's responses to this one.
no subject
Date: 2012-10-30 10:02 pm (UTC)The Republicans will ignore it, and just hope to fool as many middle-of-the-road voters as possible.
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Date: 2012-10-30 11:08 pm (UTC)no subject
Date: 2012-10-30 09:59 pm (UTC)no subject
Date: 2012-10-30 10:07 pm (UTC)no subject
Date: 2012-10-30 10:11 pm (UTC)So, basically, Romney's argument is that a company might not expand exclusively only in the US?
Wouldn't it be phenomenally more cost-effective to make Jeeps for China in China, since that kinda cuts down on the whole "send them over by boat" thing?
no subject
Date: 2012-10-30 10:14 pm (UTC)Emphasis mine.
The Jeep president then went on to say “[W]e’re reviewing the opportunities within existing capacity” as well as “should we be localizing the entire Jeep portfolio or some of the Jeep portfolio.”
Romney was correct as he knew it. Nothing in his statement was false.
no subject
Date: 2012-10-30 10:21 pm (UTC)Now that the confusion was settled, I'm also very sure Romney will correct his ads, not keep blasting them out, of course!
no subject
Date: 2012-10-30 11:15 pm (UTC)no subject
Date: 2012-10-30 11:19 pm (UTC)Manley referred to adding Jeep production sites rather than shifting output from North America to China.
no subject
Date: 2012-10-30 11:24 pm (UTC)no subject
Date: 2012-10-31 01:05 pm (UTC)no subject
Date: 2012-10-31 02:21 pm (UTC)no subject
Date: 2012-10-31 02:58 pm (UTC)no subject
Date: 2012-10-31 06:18 pm (UTC)It doesn't say anything at all about moving production, or ceasing production elsewhere. It just says "eventually the factories there will have a full set of outputs".
Imagine a McDonald's that only serves cheeseburgers for now, but plans are in the works to install a fryer so they can make fries, and then drink machines, and then arrange an egg supply so they can do McMuffins, etc. Eventually, this McDonald's will produce all models of McDonald's food. It will not produce all food for all McDonald's everywhere.
Your misreading is understandable, but it is a misreading, and it's clearly established as a misreading in the rest of the article, and repeatedly in Chrysler's statements.
no subject
Date: 2012-11-02 12:22 pm (UTC)no subject
Date: 2012-10-31 01:21 am (UTC)no subject
Date: 2012-10-30 11:10 pm (UTC)no subject
Date: 2012-10-30 11:12 pm (UTC)no subject
Date: 2012-10-30 10:07 pm (UTC)no subject
Date: 2012-10-30 10:18 pm (UTC)no subject
Date: 2012-10-30 10:45 pm (UTC)no subject
Date: 2012-10-31 11:26 pm (UTC)no subject
Date: 2012-10-31 08:31 am (UTC)