You can’t blame Honda .
I don’t blame Honda. And when I do buy another bike, it will probably be a Honda. I have never had an issue with them. My wife wants me to buy a Harley for us both to ride. However, I still think a Gold Wing would be better.
Honda is an exceptionally well run company. I would take a Honda over a Toyo any day. Honda’s hybrid is not as good as the Prius or Ford Fusion/Milan. Ford now owns all of their own hybrid technology and it was created in house.
AFAIK - they cross licensed some stuff with Toyo but now it is all Ford. Ford’s new V6 is also world class.
No way any smart company will built a plant in America now.
I agree. It makes sense from a business perspective.
Any economist specializing in development and the Third World will tell you that political stability, respect for the rule of law, and respect for private property are key ingredients for attracting foreign investment. When Third World countries begin to make headway in that direction, they attract foreign investors and grow their economies (e.g., Chile). When they stray from these basic characteristics, investors either do not invest in that country or flee as soon as they can (e.g., Argentina since 2001).
At this moment, the U.S. is a bad investment. There are potentially big costs around the corner for all companies. Not only do you have the prospects of increased corporate taxes, there are also potential increased costs associated with climate change legislation and this health care boondoggle. Even if ObamaCare doesn’t pass as currently structured, whatever DOES pass is only going to increase costs to companies via new mandates and regulation. Who needs that?
It’s better to move back home, focus on reducing costs during the curret down-turn, and then move operations to a lower-cost country (Chile, South Korea, etc.) where the investment climate is safer once the global economy picks up again.
God help us.