Trumponomics: Chrysler Moves Mexican Truck Production to US
Trump sent a message. And the message has been received.
Fiat Chrysler said Sunday it would spend $1 billion on U.S. manufacturing, including modernizing plants in Michigan and Ohio, in a move that’s set to add 2,000 new jobs, Reuters reported.
According to the company’s plan, the plant in Warren, Michigan will be made capable of producing a pickup truck currently built in Mexico.
The Warren plant will make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A plant in Toledo, Ohio also will get new equipment to make a new Jeep pickup.
The move by Fiat Chrysler follows a similar recent announcement made by a competing auto brand.
On Tuesday, Ford said it would cancel a $1.6 billion plant planned for Mexico and instead invest $700 million in a Michigan assembly plant.
All of this happened without Obama's Government Motors bailout. It happened before Trump even took office.
The auto industry bailout is still Obama's big ticket item. It's the one he keeps mentioning. Meanwhile Trump is saving and creating thousands of jobs in the industry without any bailouts or giveaways. Instead he's making it clear that Buy American and Build America are at the top of his agenda.
This is what Republican presidents should have been doing all along.