We have a new foreign owned auto manufacturer in the states; thanks go to the Obama administration;
http://www.autoweek.com/article/20110603/CARNEWS/110609967 Now, I don't harbor the antagonistic attitudes toward the "foreign" brands, that some folks do. After all, some of those brands are more "American" than the traditional American brands.. Toyota Camry and the Honda Accord for instance, have more domestic content than almost all other makes.
However, the old smugness of some Chrysler owners who say"buy American" will have to be a bit muted from now on.
Of course, there is consolation for some in that of the 48% of the corporation remaining in American control, much of it was presentyed as a gift to the same unions which have played a great part in the loss of the corporation to an overseas entity !
Welcome to the US..Fiat corporation..Your Fiat 500 is 'cute'
...And JEEP, you old warhorse; sorry to see you lose your citizenship.. Now your birth certificate is in also in doubt !