Wow, just when we thought that the "Jeep to China" thing was old news, we now find out that the plan may really be to send the Jeep jobs to Italy!
This is reported in today's "BloombergBusinessweek" story about comments from the CEO of Fiat.
Here is the part of the story that is most troubling:
"To counter the severe slump in European sales, 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."
Catch the part about building chysler and jeeps "FOR EXPORT TO NORTH AMERICA" - this could be devastating to our local economy!
Here is the link to the article: