Sergio Marchionne and Obama's Campaign Rebuke Romney's Jeep to China Accusations

The battle for the 2012 U.S. elections has spilled over the automobile industry after Republican presidential candidate Mitt Romney told an Ohio crowd last week that Jeep is planning to move all of its production to China, while also airing an ad that says Obama "sold Chrysler to Italians who are going to build Jeeps in China. Mitt Romney will fight for every American job."

The problem is that the Chrysler Group is not considering to relocate production from the U.S. to China, but instead is weighing its options to open new plants in China to meet increasing demand in the country.

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