From: C. E. White on 1 Nov 2009 10:30
"SMS" <scharf.steven(a)geemail.com> wrote in message
> Dave wrote:
>> Foreign built or foreign owned, either way money is going across the
> 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).
From: C. E. White on 1 Nov 2009 10:55
"Dave" <hairy411(a)hotmail.com> wrote in message
> 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