Push to Repatriate Chrysler by Senator-elect Bernie Moreno
Senator-elect Bernie Moreno plans to push Stellantis to repatriate Chrysler into American hands, part of his 'Automotive Manufacturing Renaissance' plan. He aims to end electric vehicle subsidies, eliminate rules creating an electric vehicle mandate, stop California dictating emissions standards, and incentivize car companies to build in America.
Key Points
- Ending electric vehicle subsidies
- Eliminating rules creating an electric vehicle mandate
- Stopping California dictating emissions standards
- Incentivizing car companies to build in America
Pros
- Potential to bring more jobs to American workers
- Boosting American automotive industry
- Fighting against foreign control of American companies
Cons
- Potential backlash from multinational corporations
- Complexity in changing ownership of a major company
- Possible economic repercussions