Fiat Chrysler Announces $4.5 Billion Manufacturing Investment, Adding 6,500 Jobs…

There’s a considerable backstory {Go Deep} to the announcement today where Fiat Chrysler will be investing $4.5 billion in new manufacturing, and 6,500 additional jobs.

Fiat Chrysler’s Mike Manley watched legendary CEO Sergio Marchionne dealing with President Trump in 2017 during two sets of meetings with key auto leaders. POTUS and titan Marchionne got along great; both old school deal-makers. There was a lot of respect between the two leaders. There’s no doubt Mike Manley took heed of Sergio Marchionne’s approach when he took over as CEO of Fiat Chrysler in 2018.

(Via CNBC) […] The automaker says it will hire 6,500 workers and invest $4.5 billion by adding a new assembly plant in Detroit and boosting production at five existing factories.

CEO Mike Manley said expanding in Detroit is a logical decision given the company’s facilities in the area and the desire to produce Jeeps in the U.S. “We’re an American brand. We’re proud of that within the Jeep brand,” he said in a statement.

Executives have made it clear for months that the company would be expanding Jeep production, including converting an idled engine plant in Detroit into a full-time final assembly plant.

Fiat Chrysler will spend $1.6 billion converting the Mack Avenue Engine Complex into the final assembly plant for next generation Jeep Grand Cherokee and an all-new three-row, full-size Jeep SUV. The move will create 3,850 new jobs.

The company will also be adding production of two all-new Jeep models, the Wagoneer and Grand Wagoneer, two models Manley believes will help fill a hole in the brand’s portfolio when it comes to large SUVs. While most of the models will be sold in the U.S., Manley is looking at the production from a global viewpoint.

“All of these vehicles will be opened up for our export markets,” he said. (read more)

There’s a massive shifting of manufacturing in the auto-industry taking place, and President Donald Trump is at the center of it.  The USMCA trade agreement is the newly constructed Trump fulcrum underneath the structure of all auto manufacturing.  POTUS Trump has shifted the location of this fulcrum through auto-tariffs; and the final determinations therein are still ongoing.

At the end of last year POTUS invited the EU auto executives to the White House.  No doubt Trump, the executive businessman, was seeking to understand their position on how the EU crew will comply with a 75% USMCA rule of origin…. and feel-them-out over what leverage he could apply (tariff threshold) to enhance their manufacturing relocation decision.

With a current tariff at 2.5% the EU won’t move anything just pay the duty; however at 10% or higher the EU manufacturers might move engine building or transmission building to North America etc to get inside the rules of origin threshold.

Throughout all of 2018 President Trump was exploring the Mercedes, VW and BMW perspectives while Angela Merkel was gnashing her teeth.

President/Businessman Trump has been diligently working through a process to establish high-wage U.S. manufacturing workers.  From day one the president has been in apex predator mode.  The combination of USMCA rules and tariff possibilities are like blood in the water surrounding: Dr. Dieter Zetsche (Mercedes), Dr. Herbert Diess (VW), and Dr. Nicholas Peter (BMW); while Trump simply asked questions.

Mike Manley the new CEO and steward of Fiat Chrysler wants nothing to do with a scenario where President Trump becomes adverse to his corporate objectives.  Manley ain’t about to get in the water with an apex business predator as president.  He knows the value in keeping U.S. economic policy aligned with his corporate interests.

Meanwhile, consumer confidence surged in February; bouncing back for the first time in four months.  A sign that Americans have worked through the consistent media nay-saying, and shrugged off the government shutdown doomsday predictions and worries about a so-called media fabricated ‘recession‘.

The consumer confidence index exceeded all expectations climbing to 131.4 this month from a revised 121.7 in January, the Conference Board said Tuesday.

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This entry was posted in Auto Sector, Decepticons, Deep State, Dem Hypocrisy, Donald Trump, Economy, media bias, President Trump, Professional Idiots, propaganda, Trade Deal, Uncategorized, US Treasury, USA. Bookmark the permalink.

64 Responses to Fiat Chrysler Announces $4.5 Billion Manufacturing Investment, Adding 6,500 Jobs…

  1. Matt says:

    I saw Tom Donahue come out with a message in strong support of USMCA.

    About fell out of my chair.

    Liked by 5 people

    • Snow White says:

      Are you sure it was him and not his ghost?😀😀😀

      Liked by 2 people

    • GB Bari says:

      That’s enough of a red flag to warrant a thorough reading of the agreement to find out how it benefits the Globalists. Is there any neutral third party who has studied the agreement and summarized every part of it?

      I’ve read comments somewhere (cannot recall where) that USMCA contains NAFTA language that’s unchanged and just as bad for us as was NAFTA itself. No details were in the comment though so it could have been inaccurate information.

      Liked by 2 people

    • OSP says:

      That’s golden right there

      Like

    • grlangworth says:

      If you can’t beat them, then you sure as hell better join them.

      Liked by 1 person

    • If Donahue is suddenly supporting USMCA, he might be watching …

      • Globalist Manufacturers delaying return-to-USA in hopes Congress fails to ratify USMCA, while …

      • Non-Globalist Manufacturers steal a march by creating/expanding USA Manufacturing Capacity to capture market share and cement consumer loyalty, not to mention snapping up the most capable workforce.

      Globalists who snooze WILL lose.

      Liked by 2 people

      • mr.piddles says:

        “Globalists who snooze WILL lose.”

        You either figure out how the Rubic’s Cube works, stake your claim and get better at it than everyone else. Or you end up sitting in the corner fumbling with something you don’t quite understand. Bunch of smart guys on the other side, as one would expect. Let’s just leave it at that.

        Liked by 1 person

      • Bennie Sprouse says:

        Very astute observation! Let the libers lag behind and end up the “cream of the cortez crop”!!

        Liked by 1 person

  2. Paul says:

    “…the greatest country on Earth, blessed by God.”

    Even though we are fast tracking ‘post birth abortions? Why would God bless such a nation?

    Liked by 1 person

    • Snow White says:

      Because only a handful of delong possesed people want that and the majority don’t. God would have saved Sodom if 10 righteous people would have lived there. For sure there are more than 10 among 350+ millions in US.

      Liked by 7 people

    • Betty says:

      I think God has always had our Nation in the palm of his hand. I believe it is not us, but the Democrats who have been weighed and found wanting.

      I wrote this comment in reply to President Trump’s tweet about the Democrats vote against protecting new born babies and I am so proud of it.

      Yes it will be remembered as – ONE – of the most shocking votes in history. But here is – THE – most shocking vote in History!

      “Democrats Thrice Deny ‘God’ A Place In The Platform – Then ‘Boo’ When Chairman Declares Motion Passed”

      In fact, they were so busy BOOING that they never noticed the finger writing on the wall:
      Mene, Mene, Tekel, Parsin
      “This is the interpretation: Mene, God has numbered the days of your kingdom and brought it to an end; Tekel, you have been weighed in the balances and found wanting.”

      And the final word: “PARSIN” which means your kingdom will be given to the DEPOLRABLES

      Here are the two videos that still bring tears to my eyes:

      Liked by 3 people

  3. Perot Conservative says:

    In Michigan!

    #Winning.

    Liked by 3 people

  4. Sparty says:

    This is awesome. I live in MI. What Mary “22M” Barra, CEO of GM, did is criminal. And here is Mike Manley expanding while idiot stock buy back queen Mary collapses.

    Liked by 5 people

  5. 2020 says:

    Did not Jeep recently come out with a stunningly beautiful and patriotic commercial recently? Maybe I saw it on YouTube and possibly during the super bowl. Really was something to behold!

    Liked by 1 person

  6. trapper says:

    Auto assembly jobs, the guys assembling cars on the line, have a multiplier of 11. So if this is, say, 6,000 new assembly line jobs, that means a real increase of 60,000 new jobs overall, spread around. I have actually seen this multiplier for auto assembly jobs estimated as high as 15, so 11 is probably conservative.

    Well done, Mr. President.

    https://www.rollcall.com/news/-239680-1.html

    Liked by 11 people

  7. But…will Detroit remember this and vote for OVSGPDJT in 2020? Will the auto unions remember and give credit to our POTUS for the auto industry in MI surviving? Who in Detroit is giving credit and singing the praises of this administration?

    Liked by 3 people

  8. Greg1 says:

    That’s a big deal. Good for the country, really good for Detroit.

    I hope the people about to get good paying jobs appreciate what Trump did in helping this happen. Union leaders will have no choice but to be happy about the jobs, but will sure be annoyed about giving Trump any credit. The people on the line might school them on it.

    Imagine if union leaders found themselves in a position of supporting President Trump. I can’t, but I hope it happens.

    I’m glad this is happening for those about to get jobs, by the Grace of God.

    Like

  9. CharterOakie says:

    MOPAR:
    My Old Plymouth Ain’t Runnin’.

    But my new Chrysler, Dodge and Jeep are!

    Liked by 1 person

  10. Alligator Gar says:

    Wow! Look at that nice looking blonde lady wearing the pearl necklace riveting the SUV! Talk about taking pride in your work and appearance! Hot American Woman!

    Liked by 2 people

    • Mr. T. says:

      Alligator Gar, I’m wondering if that photo may have been staged. They aren’t supposed to wear jewelry, watches or necklaces while on the line. It’s to keep them from getting snagged on something, or in the case of the rings, to prevents their fingers from getting caught on equipment and also to prevent them from getting burned should a ring touch something electrical on the vehicle. 12 Volts may not sound like much, but it’s the AMPS that cause harm and burn a finger clear off.

      Side note: Workers in the paint department are only allowed to use a roll on or gel type of deodorant. The stick deodorant, usually white in appearance and flakes was prohibited some years back because the deodorant flakes were landing on the vehicles, before or during painting, and causing imperfections in the paint that was getting rather costly.

      Like

      • Greg1 says:

        I’d think you’d have to be an autoworker to know some of this. Particularly about the deodorant in paint. I was told this by some friends in paint many years ago. I’m an autoworker, too. Hope you’re not crippled up from it. Depending on where you work, it’s surprising how injuries can add up over time.

        Like

  11. JMC says:

    “We don’ need no steenking jobs!” Nanny Pelosi and every Dem in government.

    Liked by 2 people

  12. Tony in LA says:

    We need to impeach this guy ASAP! – MSM, Democraps

    Liked by 1 person

  13. namberak says:

    “… and worries about a so-called media fabricated ‘recession‘.” I think we can be certain that this drumbeat will start up loud and strong this next winter or at latest, a year from now. I believe the media talked us into the meltdown of ’08 and when one considers the fact that an economy is really nothing more than the hopes, fears, plans and decisions of hundreds of millions of decision makers, guarding against the doomsday fabrication is a crucial job.

    Like

    • webgirlpdx says:

      And the President will have his wolverines out and about conveying their economic optimism with real numbers. Recession? Bite me.

      President needs to keep tweeting that the MSM is no good at math.

      Like

  14. Dee Paul Deje says:

    There goes POTUS waving that magic wand again:

    Liked by 1 person

  15. Luke of the D says:

    So, Chevrolet closes down 5 factories and in comes Chrysler and opens up another and expands others! Good. Not enough to off-set the jobs lost due to Chevrolet’s globalism ambitions, but enough to make a difference. So screw Chevrolet and go Chrysler! And especially their notes about Jeep being a popular brand (I drive a REAL Jeep, but seeing new SUV styles or Cherokee thingies being assembled is a good thing, no doubt about it).

    Liked by 1 person

    • Dekester says:

      Luke, we know a bit about the Chrysler brands, and I have driven many, as a result of a casual retirement job I have.

      I cannot speak about reliability as my rides are always new units. However the branding and street appeal is excellent. As I get many “ looks” and compliments as I move these units.

      The SRT model Jeep Grand Cherokee is a treat to drive. The Eco Diesel truck gets incredible gas mileage and of course the Cummins Diesel is a famous workhorse for the bigger trucks, and the 5.7 Hemi seems to be very popular.

      Maybe I am going on too long but the “HellCat” offers an amazing freeway ride.

      Good for Michigan, its auto workers and PDJT

      God bless PDJT

      Liked by 2 people

      • piper567 says:

        Dekester, drove an old ’65 Dodge stepside PU almost into the ground.
        Left it with a friend’s son who Still drives it. That was 16 yrs agoI
        Indestructible.

        Like

        • Dekester says:

          Great story 567, incredible really. I guy I worked with in my old career, was a true Mopar guy. He had all these numbered and crated expensive old engines. 383’s I think they were.

          Anyways he joined the job in 1967 and bought a 67 Valiant when he started and was his daily driver till he retired around 2010.

          Stay safe.

          Liked by 1 person

          • Your Tour Guide says:

            Ah, the 383. Graduated in my field, moved
            down here with a guy that I graduated with.
            Both destitute after school, so we did the
            roommate gig. His ’69 Nova finally died.

            He bought a 1967 Chrysler Newport 2 door.
            It was a Chysler, and it was as big as a whale.
            383 under the hood. Former owner gave us
            a test ride down Peachtree Industrial Boulevard.
            At 110 miles an hour. And the car acted like
            it was bored. Scary fast. Absolute torque monster.

            Like

    • piper567 says:

      Luke, seen the new Truck?
      Really impressive!

      Like

  16. Matthew LeBlanc says:

    So glad I recently bought a Jeep Grand Cherokee.

    Like

  17. Herbert Kroll says:

    Europe has exchanged an existing 10 percent tariff on Japanese cars for a promised reduction of Japanese tariffs on European food products. With all the wheeling and deling going on, you can bet that president Trump will come out on top, if only because of the importance and size of the US economy. The question is only how much he will gain. Yet, beyond the reasonable optimum there may be a lot to loose…

    Like

  18. Joe O’Mara says:

    We need to have a poster with all the Republican Senators that vote against the agenda plastered across all of America. They are evil and we need to continually badger them and warn them of the days ahead………..Hell hath No fury. Their days are numbered

    Like

  19. clipe says:

    Go local:

    https://www.detroitnews.com/story/business/autos/chrysler/2019/02/26/fiat-chrysler-investing-billions-into-five-michigan-plants/2988890002/

    Kinda blows “The Green New Moo Deal” out of the “sustainible” water.

    Bit of a conundrum for local Dems.

    Like

  20. rashomon says:

    The “Trump Works Here” illustration is the best visual I have seen on our president’s model for success in this most challenging environment. Thanks, Sundance. I’m borrowing it!

    Like

  21. jeans2nd says:

    Wicked Son recently purchased a brand new Grand Cherokee in celebration of his NEW CIO JOB at a large prestigious historical black tech university.
    My bad – forgot to alert WS to be depressed and despondent over the condition of our country.
    In my defense, was too busy celebrating more United States WINNING!!!

    Like

  22. Rami says:

    Every once in a while, I have to go back and remind myself of some of my favorite parts of the campaign, knowing the next will only be better.

    Like

  23. fakenoozisforfools says:

    The automaker says it will hire 6,500 workers and invest $4.5 billion by adding a new assembly plant in Detroit and boosting production at five existing factories.

    Meanwhile, somewhere an obnoxious mulatto with large ears and wearing mom jeans is telling someone the jobs aren’t ever coming back because that would take a magic wand and he saw to it that magic was outlawed during his term in office.

    Like

  24. donnabeauchaine says:

    Not sure what has happened but not getting your emails for last three days.   They be messing with me.  Any other complaints.  Of course think liberal watchdog are stopping them….

    Sent from Yahoo Mail for iPad

    Like

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