Skip to comments.Insight: Mexico drives North American auto investment, challenges China
Posted on 10/20/2013 11:39:20 AM PDT by shove_it
DETROIT (Reuters) - The Mexican auto industry is about to go on a $10 billion factory building spree, illustrating the nation's rising economic challenge to rivals from the United States to China.
Japanese and German auto manufacturers are spearheading the drive, say parts suppliers and researchers who see more auto factories built south of the border than in the United States between now and the end of the decade.
The United States will consume the vast majority of the new cars, but Mexico's domestic market has rebounded from a long slump, and in a sign of Mexico's growing global role, auto exports outside of North America will rise faster than those to the United States...
(Excerpt) Read more at news.yahoo.com ...
Why wouldn’t the Japanese and the Germans want to build factories here? Oh, never mind.
Now that the Mexican government has exported all of its poverty to the U.S. in the form of DemocRAT voters, they have all kinds of money to become a major player in the auto industry.
Americans will be sneaking across the border to find work in Mexico.......
The welfare for illegals will keep them here tho, can’t beat those freebees for not working.
I’m talking of all the Americans who WANT to work, but rae being let go because of ObamaCare and all the government fraud destroying jobs that real working Americans (conservative America) hold....
Think of it as “going Galt” in old Mexico....
“Americans will be sneaking across the border to find work in Mexico.......”
And if caught, they will be instantly sent back (after paying a several thousand dollar bribe) or stay in a Mexican prison for five years or as long as they live, whichever comes first.
They have plants building cars, there are also the Koreans. they also have factories here.
Great, I always wanted to buy an Adobe.
That thing looks like it is made of adobe.
Yeah, we sent those of us without jobs up to you to take the jobs that weren’t exported here.
We’re not sure why your people aren’t lining you up against walls, but—nice job US federal government!
Spokesman: These days, everyone’s talking about the Hyundai, and the Yugo. Both nice cars, if you’ve got $3,000 or $4,000 to throw around. But, for those of us whose name doesn’t happen to be Rockefeller, finally there’s some good news - a car with a sticker price of $179. That’s right, $179. The name of the car?
Adobe. The sassy new Mexican import that’s made out of clay. German engineering and Mexican know-how helped create the first car to break the $200 barrier. At this price, you might not expect more than reliable transportation - but, brother, you get it! Extra features: like the custom contour seats, or the beverage-gripping dash. And the money you save isn’t exactly small change!
“Hey, hey, we’re Adobe!
The little car that’s made out of clay!
We’re gonna save you some money
that you can spend in some other way!
Hey, hey, we’re Adobe!
Hey, hey, we’re Adobe!
Spokesman: Adobe. You can buy a cheaper car. But I wouldn’t recommend it!
Announcer: Not approved for street use in some states. No warranty either expressed or implied. All sales final.
Hopefully the illegals will be sneaking back.
Mexican auto industry? No, these "American" Corporations that received billions in taxpayer bailouts that are repaying our generosity by moving production out of the country.