How do you explain our $13 trillion GDP or our nearly $2 trillion in manufactured goods?
Posted on 01/29/2007 11:22:19 AM PST by .cnI redruM
What is a $12.7 billion loss? A sign that your products are great? LOL!
ROFL!
Geo Metro is a Suzuki...
Actually I may go for a Chrysler. Word is Mercedes taught them how to design a roomy car. The 300 allegedly has the same headroom as a Mercedes S Class.
How the Big 3 Can Turn It Around.
1. Tell the UAW that they are going non-union.
2. Follow through on step #1
This article is the biggest load of crap I've read in a long time.
The majority of these cars are (NAMED) Japanese. They are manufactured in North America.
On the currency note, the Yen has appreciated pretty steadily against the US Dollar since 1950.
GM and Ford are not AMERICAN producers, They with Daimler Chrysler are international producers. They lose money all over the place.
This is a naive narrative and the commentary is no better.
Some say it has nothing to do with where a vehicle is assembled, it has to do with where the profits are sent. Profits from sales of Toyotas, for example, are sent to the home office.
I think the presumption is that Ford, GM and DCX keep the profits here. It's been awhile since they produced any actual profits, so no one remembers whether that's true or not...
The government is on the government's side.
I would think it would matter where the jobs were located, not the profits. The profits in the one case are obviously not helping American workers but Canadian ones.
As far as your last point, that's just too funny.
I had an 89 Aerostar. It ate a couple water pumps. When I took it to a Ford dealer to have another water pump replaced, the service staff screwed up the repair and destroyed the alternator in the process. They covered the cost at their expense...it just extended the repair to a 3 day effort. I had to replace the distributor and some expensive parts of the ignition system a few month later. That was enough to make me want to trade it for a different car. I waited a day too long. The vehicle lost half its value overnight when it blew a head gasket. It was traded for a 1994 Saturn SL2. I still have the SL2. 102,000 miles. Great car.
Considering the issue being raised here is the costs of labor and benefits, I think it is safer to assume that most of the labor and benefit costs associated with my Honda remained in Ohio and most of the labor and benefit costs associated with my Mercury remained in Canada.
I revel in doing battle with them. FR doesn't have many lefties with whom to argue, and they tend to get banned. I like to think that some of what I say will register with the younger moonbats and when they become taxpayers and parents, they'll remember it and won't have to revise their belief systems from total scratch. The same mechanism by which your folks get smarter the older you get.
It would sure beat a bailout.
I imagine much may depend on the make-up of Congress and the next Presidential Administration.
Hopefully the write-offs that made for such huge losses will put them in a position to avoid asking for a big hand-out.
But this is really outside my realm of competence. I never had a head for this level of finance.
"You can't build a reputation on what you are going to do."
-Henry Ford
How do you explain our $13 trillion GDP or our nearly $2 trillion in manufactured goods?
Some one around here (Metro Detroit) was recently quoted as saying that these aren't car companies anymore, they're retiree health maintenance organizations.
1996-2001 Taurus. Transmissions, rear seals. One company car went from D to R on the freeway, without the lever being moved. They're notorious for trans problems.
Windstar...3.8L engines.
Mondeo/Mystique...guess what...trans problems.
Ford has come across their quality perception the hard way...they earned it. The dealers, too...some are horrible. They've got a hole to dig themselves out of, and I wish them luck.
GM seems to be on the move. I would consider buying a GM car.
...and for those who say, "Oh, yeah? They ratified the union contract!" Do you remember the last prolonged UAW strike, and what it cost GM? The Big 3 can't take a strike without going under. Remember, too, that they don't strike all three...they strike one. Thay means that every day the UAW is out, your competitors are gaining market share at your expense.
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