First off, I love Jeeps. I drove a blue stick-shift Jeep in high school and dream of one day owning another one (pre-bailout edition) of course. President Obama has based a large portion of his re-election campaign on the auto-bailout which has resonated with many voters in Ohio, a state Mitt Romney needs to win. However, due to burdonsome regulations, high taxes and the overall high cost of manufacting in the United States, Jeep (owned by Chrysler) production may be shipped overseas to China. The Washington Examiner has more:
In another potential blow for the president's Ohio...












From the linked article in the Washington Examiner.
It will take them a little longer to screw up Jeep and Chrysler, but I have faith in them.
I was against the bailout and believed in a strategy like one that Romney had proposed originally. However, that doesn't mean that Chrysler is not in a good position now. As I said before, the Chinese plant will be for the Chinese market. The Toledo plants will be for the US market.