Chinese to buy GM and Chrysler

[XS650]

Originally Posted By: MrCritical
I have a few points I'd like you to consider.



If I may summarize...

And that's coming from someone who has dropped more money at GM in the past 3 years than over 95% of the population.

They need some tough love.

 

[StevieC]

I feel so bad for the people, but at the same time we need change. Change sucks and it usually doesn't fit well with our bank accounts and personal lives but we can't keep fixing corporation mistakes... We need to learn and move on. I know that their are families, elderly and handicapped that rely on these incomes but what can we do other than learn from our mistakes and diversify and build robust economies that can weather future market saturation and shifts in the marketplace.

Maybe I'm not smart and missing something, but to me its all very clear.

 

[StevieC]

Also another thingy to add to this topic. I would buy a Domestic car if I could fit in them. I'm 6'3" and always have to lean the seat back to clear my head (torso tall) yet in a small Japanese [censored]-box I have tons of room. What gives? Doesn't NA where I grew up and have developed a bit of a stomach design cars for us? Why can I only fit in Vans/large SUV's? Another thing they need to cater to.

 

[SinisterK9]

Originally Posted By: OVERK1LL
Mexico is part of North America. Hence the reason they are part of NAFTA.

The profits from the HHR go to an American Corporation; GM. Whether GM INVESTS those profits in NA.... I don't know.

The profits from the Honda go back to Japan. They are obviously investing SOME of that money in the NA assembly plants. How MUCH of that money.... I don't know.


The point is American jobs. That's what everyone keeps harping on. So how does buying a Ford made with Mexican workers help America more than a Nissan made by American workers?

Simply buying a product because it is 'owned' by an American company is short sighted.

 

[StevieC]

I agree... Besides GM openly admitted it gets some Saturn cars made in Korea and some parts for "Domestic" vehicles made in China. Yet we should buy "American" and not "Foreign" which are built right here in the US/Canada. [censored]. Toyota even makes their engines in CANADA about 60 miles from my house!

 

[pbm]

America has had a party for a long, long time but now comes the hangover.....

 

[StevieC]

See why can't I come up with simple words like yours that says it all?

Awesomely Said!

 

[OVERKILL]

Originally Posted By: SinisterK9
Originally Posted By: OVERK1LL
Mexico is part of North America. Hence the reason they are part of NAFTA.

The profits from the HHR go to an American Corporation; GM. Whether GM INVESTS those profits in NA.... I don't know.

The profits from the Honda go back to Japan. They are obviously investing SOME of that money in the NA assembly plants. How MUCH of that money.... I don't know.


The point is American jobs. That's what everyone keeps harping on. So how does buying a Ford made with Mexican workers help America more than a Nissan made by American workers?

Simply buying a product because it is 'owned' by an American company is short sighted.


They are doing it out to cut costs. Both out of greed, but also necessity. Which still hasn't been enough. They still employ FAR more people than the Japanese brands do here.

 

[OVERKILL]

Originally Posted By: pbm
America has had a party for a long, long time but now comes the hangover.....


Indeed it has. And what we are seeing now is just the first glimpse; the knife's edge of what is going to be a massive turning point in the history of America.

 

[StevieC]

Right, and I'm not saying that the Japanese or Koreans or whomever is the next top selling brand isn't going to face the same [censored], because they will due to the saturated market. What I am saying is change is needed and diversification before the whole global economy suffers and/or collapses. We can no longer only specialize in one major industry as a country without consequences... We must specialize in a bunch of industries that can be replaced with others when saturation arises...

 

[SinisterK9]

Originally Posted By: OVERK1LL
Originally Posted By: SinisterK9
Originally Posted By: OVERK1LL
Mexico is part of North America. Hence the reason they are part of NAFTA.

The profits from the HHR go to an American Corporation; GM. Whether GM INVESTS those profits in NA.... I don't know.

The profits from the Honda go back to Japan. They are obviously investing SOME of that money in the NA assembly plants. How MUCH of that money.... I don't know.


The point is American jobs. That's what everyone keeps harping on. So how does buying a Ford made with Mexican workers help America more than a Nissan made by American workers?

Simply buying a product because it is 'owned' by an American company is short sighted.


They are doing it out to cut costs. Both out of greed, but also necessity. Which still hasn't been enough. They still employ FAR more people than the Japanese brands do here.


There is no necessity to it. If it were a necessity to build outside of the U.S., then no one would build here, and Toyota and Nissan certainly wouldn't be adding to their factories here. Yet they are.

It's time for nature to take its course. These companies can fight for survival or die. I'm willing to bet 2 out of 3, if not all 3 would survive if you make them figure it out themselves. But something has got to change. Giving them money on their current course, is equal to lighting the money on fire.

Here's an idea; When you operate a business and are having troubles, look at your most successful competitors. What are they doing? What is their business model? How do they do it? What am I doing wrong?

Even IF one of the big three went down tomorrow, someone is going to pick up the slack in market share. That will probably translate to more American jobs.

Bad business practices, cheap [censored] quality, greed from top executives, down to the common auto worker, has all contributed to the sinking ship that is the big three.

 

[StevieC]

Yup!

 

[Steve S]

Yup X 2

 

[OVERKILL]

Originally Posted By: SinisterK9
Originally Posted By: OVERK1LL
Originally Posted By: SinisterK9
Originally Posted By: OVERK1LL
Mexico is part of North America. Hence the reason they are part of NAFTA.

The profits from the HHR go to an American Corporation; GM. Whether GM INVESTS those profits in NA.... I don't know.

The profits from the Honda go back to Japan. They are obviously investing SOME of that money in the NA assembly plants. How MUCH of that money.... I don't know.


The point is American jobs. That's what everyone keeps harping on. So how does buying a Ford made with Mexican workers help America more than a Nissan made by American workers?

Simply buying a product because it is 'owned' by an American company is short sighted.


They are doing it out to cut costs. Both out of greed, but also necessity. Which still hasn't been enough. They still employ FAR more people than the Japanese brands do here.


There is no necessity to it. If it were a necessity to build outside of the U.S., then no one would build here, and Toyota and Nissan certainly wouldn't be adding to their factories here. Yet they are.

It's time for nature to take its course. These companies can fight for survival or die. I'm willing to bet 2 out of 3, if not all 3 would survive if you make them figure it out themselves. But something has got to change. Giving them money on their current course, is equal to lighting the money on fire.

Here's an idea; When you operate a business and are having troubles, look at your most successful competitors. What are they doing? What is their business model? How do they do it? What am I doing wrong?

Even IF one of the big three went down tomorrow, someone is going to pick up the slack in market share. That will probably translate to more American jobs.

Bad business practices, cheap [censored] quality, greed from top executives, down to the common auto worker, has all contributed to the sinking ship that is the big three.


What's a quick way to escape the UAW? Move a plant to Mexico where labour costs are nothing and there's no union. Not that I agree with this method of dealing with the UAW and CAW, but the Union does have some power here, so the easiest way for these companies to save money, especially on the low-margin vehicles like small cars, was to move their production to Mexico where the cost per vehicle is substantially lest and the ROI on the plants is substantially MORE than the ones with the guys making 35 dollars an hour.....

Their "competitors" don't have the same issues because they don't have the Unions. So they are not in the same boat.

 

[StevieC]

Fair workloads, fair wages... 1% of the population holds 90% of the worlds wealth... This is what has to change. If the rich want to continue making money off the backs of poor people then they need to share a little more of the pie. The Autoworkers have had more pie than the rest of us and now all the pie is gone.

Welcome to Reality. Get in line for pie like the rest of us.

 

[StevieC]

It's all a game... Run the company in the ground while squeezing profits into corporate bonuses etc. Then cry the blues to the Government about how many job losses their will be, get a fat hand out and more corporate bonuses and repeat as many times as possible until they catch on then sell the company for nothing to a private equity firm that lets go of lots of people anyways and turns the company around, makes some profits and then sells it to another group of greedy tycoons to repeat the process above. Quite simple really!

 

[PandaBear]

I support the local economy by buying a Toyota corolla build in Fremont California, within 15 mins from my work place.

 

[StevieC]

PandaBear... This in my opinion is great. Better an American Job than not...

 

[Hirev]

The 1st thought that crossed my mind when I read this is that the quality at Chrysler might actually go up if this happened.

Like it or not, China is coming on as strong player in the industrialized global economy. From power tools used to build houses in the USA to light fixtures & light bulbs to provide the lighting after they built them. To the DVD players to watch movies on your TVs, you can't seem to get away from products made in China. I don't see an end to it.... the global economy has been here for some time.

More than a few large US cooperations, lobbyists, and CEOs wanted it this way. They also got very little meaningful resistance from the US people doing so. Look at number of the people that shop a local walmart/Chinamart & home box stores ect...

Got to wonder how many people responding to this thread "Chinese to buy GM and Chrysler" in a negative way.... After buying their motor oil and other stuff at the local China promoter such as walmart????

 

[Kestas]

It bugs me when people judge whether a car is American of foreign by not only the nameplate, but also the location of the assembly plant. All these plants do is assemble the car. The parts coming into the plant are already prefabricated. A good part of the vehicle's manufacturing is already done before the parts come into the plant. Check where the subassemblies come from and where the parts to make these subassemblies come from. This goes for both domestic and foreign nameplates. I imagine the assembly plant is just a small part of the equation.