Press Mention: Fiat Chrysler to Reopen Idled Plant in Detroit, 6,500 jobs

Excerpt: “President Trump’s threat of auto tariffs likely supported this major investment decision,” Stumo continued. “If the tariffs on imported autos are imposed, it will help FCA’s Jeep and Ram further increase sales and market share, benefitting the Michigan economy and creating even more good paying jobs.” Fiat Chrysler to Reopen Idled Detroit Plant, Bring 6.5K U.S.…

China Shifts, and Detroit’s Big Bet Goes Sour

Editors note: While this article portrays overcapacity in China’s automotive manufacturing plants as a problem, it may also be the beginning of driving American companies out of local and global markets with subsidized, state supported competitors. Chrysler, Ford and General Motors saw a booming Chinese driving culture and cheap labor. Now the market is slowing,…