In Canada, a defence of Chrysler’s requests for government incentives to invest has been mounted by CEO Sergio Marchionne. He has said that his company is planning a larger investment than all other automotive companies in the last five years.
Last Wednesday the Chrysler CEO wrote an opinion piece for the Globe and Mail. He derided it “self-proclaimed experts who have sought to demonize Chrysler’s contemplated investment.”
He wrote, “The shame in all of this is the fact that virtually all of the automotive companies who invested more than $40 billion in Mexico and the United States over the past five years never even bothered to ask Canada if it was interested in helping to bring these investments and jobs to Canada.”
Upgrades and retooling plants in Windsor and Brampton, Ont. is wanted, but a release of cost has not been release nor have the incentive expectations from the government been divulged.
Marchionne said contributions from the federal and Ontario government would be necessary to secure a Chrysler expansion in Canada in an appearance at the Canadian International Auto Show in Toronto last week.
Marchionne’s piece in the Globe proposed that Chrysler’s investment in Canada would be larger than all investments by the automotive industry in Canada in the past five years. This includes General Motors, Ford and Toyota.
He also pointed out that taxable, repayable loans from the federal government and grants were received by those companies for their investments. This support is being offered for auto manufacturing investment by countries around the globe.
Your Chrysler Dealer St. Louis may not be a part of this project, but they are involved in the big picture for Chrysler. Shopping for a Chrysler? Check out All-Star Dodge near Wentzville!