Romney Was Right: Chrysler CEO Announces Plans to Build More Jeeps in China

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Remember this? Chrysler CEO Sergio Marchionne told reporters yesterday that the company plans to build more Jeeps in China.

The Detroit News reports:

“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.”

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