Originally Posted By: PT1
Originally Posted By: Ben99GT
I agree completely. In the end, Ford (and GM and Chrysler) is a company that does far more for the U.S. economy than any of the import brands. Ford does the bulk of their R&D for GLOBAL products here in the US, the imports only develop a model here and there in the US, usually models that are US specific. The domestics still have several times the amount of domestic assembly plants. Several times the US white collar work force. Several times the US blue collar work force. Despite what some think, the location of the company's headquarters still matters, it determines where the big bucks are going. And while there are Toyota and Honda plants in the US which support the US economy, they were given hundreds of millions dollars of US taxpayer money to lure them (subsidies) in the first place.
Point of final assembly is just one part of the equation. People have become too myopic in their view of these things, IMO.
You view has been out of date for over 20 years...do some research where parts are made and stop believing whet you read on the sticker. GM and Chrysler and the UAW are now screwing over more American investors and taxpayers than all the Asian automakers combined. Plus they are breaking all the bankruptcy debtor laws to do it.
Absolutely right about sourcing parts. Heck, Toyota has a casting plant up the road from me in Jackson, TN where they make engine blocks.
As far as the big bucks going to the US automakers headquarters, true. Trouble is, it is billions of taxpayer dollars that are going to the US automakers. What the foreign manufacturers got was millions in taxbreaks, not cash. from local governments in order to increase the number of well-paying jobs and thereby offset the tax breaks.