Chinese to buy GM and Chrysler

Status
Not open for further replies.
Speaking of China, GM is already the #1 automaker over there.

Further, "buying American" isn't quite as easy as buying an American car these days.
Whats more American--to support a Japanes automaker who is expanding and opening more factories in America, or supporting an American automaker who is sending as many jobs as it can to Mexico and Canada.

In my state, Nissan is expanding their plant by 120 million, and a new Toyota plant is on the way. They are doing more for my state than American automakers ever have, or probably ever will.

I'm not saying support one way or the other, I just think it's worth looking at when the argument of supporting American jobs comes up.
 
I support the one that makes better cars. I used to be "patriotic" and buy NA cars, but they broke my trust, kept selling me garbage, finally I got fed up and started buying Made in Japan. I'm very happy with my Japanese cars, they get excellent mileage, run really well, don't rust out - especially the oil pan - I resent paying $1000 to pull an engine on an E150 to replace the rusted pan. The sooner the big 3 go belly up the better. now the replaced oil pan is rusting out - i feel like driving that van over the edge of a cliff, filming it, and posting it on U Tube. the only problem, LEO will probably show up at my door and put me in a dog cage.
 
Originally Posted By: scoobie
I support the one that makes better cars. I used to be "patriotic" and buy NA cars, but they broke my trust, kept selling me garbage, finally I got fed up and started buying Made in Japan. I'm very happy with my Japanese cars, they get excellent mileage, run really well, don't rust out - especially the oil pan - I resent paying $1000 to pull an engine on an E150 to replace the rusted pan. The sooner the big 3 go belly up the better. now the replaced oil pan is rusting out - i feel like driving that van over the edge of a cliff, filming it, and posting it on U Tube. the only problem, LEO will probably show up at my door and put me in a dog cage.


Well maybe you'll lose your job in the tanking economy and then those who you hoped were out of work can say "look how it feels buddy". The Big Three going belly-up will benefit NOBODY and result in rippling effects that will be felt all over North America.

Krown is a wonderful product. My '87 GT's oil pan is original. The 2nd pan on my Townie is still like new because of it.

Maybe your Subie will blow a head gasket and you can discover there are worse things than an oil pan rotting out..... Oh the horror. If you owned a GM V6, you could experience the fun of intake gasket failure!

No manufacturer is perfect; this holier than thou attitude that many Import Fanboys seem to be weilding gets pretty bloody annoying at times.
 
Originally Posted By: SinisterK9
Speaking of China, GM is already the #1 automaker over there.

Further, "buying American" isn't quite as easy as buying an American car these days.
Whats more American--to support a Japanes automaker who is expanding and opening more factories in America, or supporting an American automaker who is sending as many jobs as it can to Mexico and Canada.

In my state, Nissan is expanding their plant by 120 million, and a new Toyota plant is on the way. They are doing more for my state than American automakers ever have, or probably ever will.

I'm not saying support one way or the other, I just think it's worth looking at when the argument of supporting American jobs comes up.

This is part of the reason I just bought the Cobalt. I wanted to get the HHR, but the thing is made in Mexico. If I'm "buying American", I would like for the thing to be made in America, specifically North America.

Meanwhile, I see Honda is building Civics in Greensburg, Indiana now.

So like you said, which is more American, buying the Hencho en Mexico HHR or the Made in Greensburg USA Honda? I honestly don't know how to answer that.
 
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.
 
Originally Posted By: opus1
If I'm "buying American", I would like for the thing to be made in America, specifically North America.



Mexico is in North America.
 
If the US is anything like Canada, then a lot of the money has to be kept in the country and re-invested... We too have the 3 big three going belly-up in our Country, but we also have lots of Toyota/Honda plants going up and most people are still worried. I think this is inevitable. The Market is saturated and people don't have money to keep throwing away on inferior products. The customers will always vote with their feet and take their money to where value is perceived.
 
Originally Posted By: StevieC
If the US is anything like Canada, then a lot of the money has to be kept in the country and re-invested... We too have the 3 big three going belly-up in our Country, but we also have lots of Toyota/Honda plants going up and most people are still worried. I think this is inevitable. The Market is saturated and people don't have money to keep throwing away on inferior products. The customers will always vote with their feet and take their money to where value is perceived.


I'm from Ontario too
grin2.gif


Your last word is key: percieved. And it is that, that Ford, GM and Chrysler are fighting against; people's perception.
 
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.


Moot point. There are no profits from their US operation to invest. There are loses they want the taxpayers to pick up for them.

Quote:

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.


What percentage of the money Honda gets for a car is profit? It's a small percentage whatever it is. Maybe 10% of sale price, but I doubt that it's that high.
 
My dad is a retiree from Chrysler. He worked for them for 20 years and I would love nothing more to buy a Chrysler product, and even at the reduced price I can get it at, but given the experiences I have had with that brand I chose not to. I don't think that US automakers are bad, but I do believe that they could be better. I prefer the Hyundai I have because of all the features it came with for such a low price and that they are building plants in North America as we speak. Also I have a friend that works at a stealership and got me a good deal! :) I would in a minute buy from the big-3 but they aren't building the products that fit my life and budget like others are. I think Toyota/Honda are well built, but way over priced. Cheaper to buy an American Made Domestic vehicle and repair it as needed for the price you spend "not" repairing it. Guess you can't make everyone happy. :S
 
I work for a US company (wish to remain nameless) that has to abide by the same laws... All Revenue must stay in Canada and a maximum of 39% can be sent back to the US.
 
Oh come on, Honda makes MASSIVELY more money per car than GM; their costs per vehicle, because of their company structure, lack of unions and legacy costs dictates that!

So yes, GM has no profits at the moment, but they have been, historically, a profitable company.

What percentage of Honda's profit are they investing back in the North American economy? The premise that building "assembly" plants to appeal to those who want to buy "built in America" vehicles would work obviously has. I've seen enough mention of it that it's obviously had it's desired effect.
 
If you read one of my posts... I believe they have to invest minimum 39% of all profits back into the country... Thats better than all cars shipped to NA from Japan!

Face it... The big 3 could have this continent by the balls, but they just aren't offering the consumer what the Japanese & Koreans are. Value, Reliability, Perception of Quality, and other features that customers are voting for by putting their money in these automakers pockets...

Even the Americans don't believe in their own products. Why else would Saturn models be made in Korea, Ford using Mazda Engines and Chrysler using Mitsubishi.

It's all how you look at it... It's a global economy and we are just catching up...
 
Originally Posted By: OVERK1LL
Oh come on, Honda makes MASSIVELY more money per car than GM; their costs per vehicle, because of their company structure, lack of unions and legacy costs dictates that!

So you don't have a clue how much they make per car. Honda could be breaking even and make massively more per car than GM, so massively more" is meaningless.
 
Status
Not open for further replies.

Similar threads

JavierH19
A Hyundai kiarado...kianyon? Canyundai??? anyone? Don't be shy now.
Replies
16
Views
515
k1xv
R
Latest budget makes interest on American made cars fully deductible.
3 4 5
Replies
89
Views
1K
Pew
edyvw
Stellantis and horrible public relations
2
Replies
35
Views
3K
97prizm
OVERKILL
Subaru Starlink flaw lets hackers hijack cars
2
Replies
22
Views
1K
Skippy722
C
Cruze Diesel CV axle NLA: $100 Chinese axle or $500 Lobro Remanfactured from Europe
Replies
19
Views
753
CleverUserName
Back
Top Bottom