(CNN) - President Barack Obama's campaign on Monday rolled out a response to a television advertisement quietly put on Ohio airwaves this weekend which levels a dubious charge against President Barack Obama.
Obama's ad opens with the headline to Romney's 2008 op-ed ("Let Detroit Go Bankrupt") and says the candidate "turned his back" on the auto industry when it was on the rocks.
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Romney opposed Obama's 2009 bailout of General Motors and Chrysler, saying it would lead to the industry's collapse and instead arguing for a "managed bankruptcy" model.
"And now, after Romney's false claim of Jeep outsourcing to China, Chrysler itself has refuted Romney's lie," the Obama spot continues. "The truth? Jeep is adding jobs in Ohio."
The Obama ad references an ad which began airing in Ohio on Saturday.
"Obama took GM and Chrysler into bankruptcy and sold Chrysler to Italians who are going to build Jeeps in China," the narrator says. Recent reports have said that the majority owner of Chrysler, Fiat, is considering producing its signature Jeep in China.
Chrysler Senior Vice President of Corporate Communications Gualberto Ranieri refuted such reports, writing in an online posting, "Let's set the record straight: Jeep has no intention of shifting production of its Jeep models out of North America to China," wrote on blog.
The ad follows comments the GOP presidential candidate said in a Friday campaign stop in Defiance, Ohio, just down the street from a General Motors plant.
"I saw a story today that one of the great manufacturers of this state, Jeep, now owned by the Italians, is thinking of moving all production to China," he said.
Romney's ad makes no mention that the plan "to build Jeeps in China" would have little impact on Ohio, where the ad is running - as Jeep has planned an expansion into China's growing automobile market rather than a move to source production from there for export.
Obama campaign spokesman Ben LaBolt told reporters in a Monday conference call that the Romney ad "reeks of desperation."
The Romney campaign did not highlight their ad with a press release to reporters, as they have with nearly other spot, but CNN's ad tracker Kantar Media CMAG, spotted the ad running on broadcast television stations in Toledo and Youngstown, Ohio – two Ohio manufacturing strongholds.
This spot may be an effort to undercut Obama on an issue his campaign believes could tip the balance in their favor in Ohio: the 2009 bailout of the auto industry.
The government dolled out some $60 billion and has received at least $33 billion back so far.
On the campaign trail Monday, Biden slammed the Romney claim.
"Have they no shame?" Biden asked at a rally in Youngstown, Ohio. "Romney will say anything, absolutely anything to win, it seems."
Obama's campaign announced his spot, "Collapse," would run in Ohio, and an Obama campaign aide told CNN the spot will run in Toledo, although it is possible they will add more markets.
The Romney campaign said the Obama campaign was making "desperate arguments."
“It appears the Obama campaign is less concerned with engaging in a meaningful conversation about President Obama’s failed policies and more concerned with arguing against facts about their record they dislike,” Romney campaign spokeswoman Amanda Henneberg said in a statement.
– CNN's Gregory Wallace, Kevin Bohn, and Kevin Liptak contributed to this report