"For the third time in a week, GOP presidential nominee Mitt Romney and the auto industry are at loggerheads, this time over a Romney radio ad implying that GM and Chrysler are expanding production in China at the cost of American jobs. The ad claimed that "Under President Obama, GM cut 15000 American jobs, but they are planning to double the number of cars built in China, which means 15000 more jobs for China." The accusation drew a dismissive response from a GM spokesman, who explained, "We've clearly entered some parallel universe during these last few days. No amount of campaign politics at its cynical worst will diminish our record of creating jobs in the US and repatriating profits back to this country." The ad further claimed that "Chrysler plans to start making Jeeps in, you guessed it, China."* *Read more from Jake Miller/CBS News: www.cbsnews.com
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