2nd Dec 2009, 13:34
Do you know how GM is paying back their government loans? They are doing it with more government loans! They are paying back the government with the governments own money and will still owe it to them. How much of that will slip through the cracks?
Ford also lined themselves up for $ billions, but took a hit on their profits with massive rebates and incentives and got really lucky... for now. They definitely have the best plan. Of course that does include the continuation of foreign plant construction and the further closing of U.S. plants. According to you, however, they could close every last plant and outsource every last job and it still wouldn't affect the job market in the U.S. Not sure how you figure that. 0 jobs doesn't seem to add up to 90% to me.. huh.
Again the Japanese companies are the smartest. They got free land and money with no strings attached. Must have had the same attorney that worked out the deal for the banks!! And you blame them for this? So, if the government called you up and said they'd fund your business and give you free land to run it on, you'd turn that down? Yeah right!!
Again, you are pointing the finger at the wrong people. Anyone in their right mind would take "no strings attached" perks. You only have the government to blame for that. It is our own countries in competencies that you should be putting the blame on in the auto industry AND the government... not Honda and Toyota. Maybe you should do a little more research. And don't just watch CNN. They have stories that support both sides of this argument... if you really research them!
2nd Dec 2009, 13:20
This argument is really flawed because that 14 million you claim the big three are responsible includes outside sources such as parts and supplies etc, etc. The 1.4 million import jobs are directly provided by the import companies, who also support the parts and supplies industries in the auto business. This is why your argument is flawed and conveniently biased toward domestic companies.
Also, any Ford dealer that keeps a slew of imports on their lots as used cars is not a really good dealer. Any good dealer would trade them at the auction for good used Fords with low miles. My Ford dealer has almost all Fords on their used lot, because that is what people who go to Ford dealers want to buy... Fords. They even told me that it makes no sense to have much of anything else unless it is super low mileage and mint. Even then, they only keep the car for a short time as it is a waste of money for them to have the car for too long.