Bailed Out Chrysler Spending $1.2B To Expand, Create Jobs In Mexico! The Obama economy is doing great! (Mexican, independent)

[nicet4]

Ain't this a great country or what?

Chrysler Spends $1.2B To Expand In Mexico

Fri, 10/11/2013 - 7:33am

DETROIT (AP) -- Chrysler Group says it's investing more than $1.2 billion in two Mexican plants to build commercial vans and engines.

Chrysler CEO Sergio Marchionne confirmed the amount Thursday at the dedication of Chrysler's new Van Assembly Plant in Saltillo.

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[rbohm]

the first question i have is, what percentage of that production is going to mexican markets? remember its cheaper to bring cars up from mexico than it is to send them down to mexico. and it can also help with our immigration issue by keeping more people in mexico rather than have them come here and take jobs away from americans, as well as suck america dry of money.

[CDusr]

Originally Posted by nicet4

Ain't this a great country or what?

Chrysler Spends $1.2B To Expand In Mexico

You should stop thinking in terms of countries and think in terms of corporations. Then you can see what is going on. This is intended to add to the bottom line. This is the main purpose of a corporation.

[pnwmdk]

You need to be aware that Chrysler is also a major player in auto sales in Mexico. The Mexican division actually is funded and operated mostly independently. If it chooses to invest 1.2 billion in Mexico, so much the better.

Chrysler has invested many billions here in the US, in new factories, more employers, and new technology.

It's hard to see why THIS should cause you to get all exercised.