What percentage of 20 year old cars are on the road?
in [Toyota]
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From: C. E. White on 1 Nov 2009 10:30 "SMS" <scharf.steven(a)geemail.com> wrote in message news:4aeb2eec$0$1654$742ec2ed(a)news.sonic.net... > Dave wrote: > >> Foreign built or foreign owned, either way money is going across the >> border. > > It's very very different. > > U.S. built vehicles made with high domestic content contribute a huge > amount of money to the U.S. economy, even if the stockholders of the > company are mostly outside the U.S.. Many of those vehicles are also > designed in the U.S.. Don't forget, even Americans can own Toyota stock (maybe not directly, but it works out the same). Ed
From: C. E. White on 1 Nov 2009 10:55
"Dave" <hairy411(a)hotmail.com> wrote in message news:7l1gimF37edgkU1(a)mid.individual.net... > If you think no money from Toyota or Honda sales ends up in Japan, you are > as big a fool as you seem. I know some money from Toyota and Honda ends up in Japan, but I also know that money from Buick and Chevy sales ended up paying the ridiculously high salaries of people like Rick Wagner....I am just not sure which should disturb me more. I also know there is a Toyota transmission plant in Durham, NC. The nearest GM plant is so far away, I am not even sure where it is...Spring Hill TN I guess (is it still open?). NC factories used to provide a lots of upholstrey for US cars, but it sees "US" car companies are now buying a lot of this from non-US suppliers. If GM is willing to buy from foreign suppliers, doesn't that imply that I should be as well? If they can argue that to remain competitive they have to purchase from foreign suppliers, can't I use the same logic? In my opinion, until US manufacturers quit buying from foreign suppliers, there is no valid arguement that says I should purchase finished vehicles from GM, or Ford becasue they ae "US" companies. I don't see much difference in purchasing an F150 from Ford versus purchasing Toyota Tundra based solely on who built it. I recently purchased an F150 because it was clearly the superior vehicle (at least for my use). If the Tundra had suited me better, I would have had no reservations about purchasing one becasue it was a "Toyota." Ed |