> Key line: "Obama took GM and Chrysler into bankruptcy and sold Chrysler to Italians who are going to build Jeeps in China." Romney's wording of this statement in a prior speech was even stronger: "I saw a story today, that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China."
> The claim originated in a Bloomberg News story, which the conservative Washington Examiner construed to mean that Jeep was struggling and considering moving some or all manufacturing from the U.S. to China as a result. When the Romney campaign was questioned about this statement, aides conspicuously stuck to it.
> In an important way it is the opposite of the truth. Between the 2009 bankruptcy filing and 2012, Jeep had robust growth. Its manufacturing in the U.S. was expanding and it was hiring workers. Its overseas sales also picked up, and it was considering re-opening shuttered factories in China. These facilities were not going to replace domestic manufacturing -- they were for making certain models of compact SUVs specifically tailored to the Chinese market, which are impractical to import from the U.S. So the statement, "Jeep is doing poorly and so will move manufacturing to China," is false, while "Jeep is doing well and may resume manufacturing in China," is true. (Furthermore, the deal that left Fiat with a controlling share of Chrysler emerged from talks begun before Obama was president.)
> Key line: "Obama took GM and Chrysler into bankruptcy and sold Chrysler to Italians who are going to build Jeeps in China." Romney's wording of this statement in a prior speech was even stronger: "I saw a story today, that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China."
> The claim originated in a Bloomberg News story, which the conservative Washington Examiner construed to mean that Jeep was struggling and considering moving some or all manufacturing from the U.S. to China as a result. When the Romney campaign was questioned about this statement, aides conspicuously stuck to it.
> In an important way it is the opposite of the truth. Between the 2009 bankruptcy filing and 2012, Jeep had robust growth. Its manufacturing in the U.S. was expanding and it was hiring workers. Its overseas sales also picked up, and it was considering re-opening shuttered factories in China. These facilities were not going to replace domestic manufacturing -- they were for making certain models of compact SUVs specifically tailored to the Chinese market, which are impractical to import from the U.S. So the statement, "Jeep is doing poorly and so will move manufacturing to China," is false, while "Jeep is doing well and may resume manufacturing in China," is true. (Furthermore, the deal that left Fiat with a controlling share of Chrysler emerged from talks begun before Obama was president.)