rfenst
13 years ago



Problem is, foreigners work cheap(er).

bloody spaniard wrote:



And, that is 90% of the problem and will be for at lest a century with all the second and third-world countries that haven't hit their industrial revolution stride. No way to change that, other than to own the factories and means of production, which is better than nothing.
rfenst
13 years ago
Seems like most of this is comming off like Romney election over-stating/waffling/crap. If Ohioans catch on, he could lose the state. All he has to do is play it straight down the middle- "fairways and greens"- so to speak. Obama will look very presidential this week and this will give him a little bump. Enough to win? I don't know. But the electoral college appears to be very close with Obama in an ever so slight lead. Ohio is one of the linchpins of victory for both. Screwing around with the Chrysler stuff is like swinging for a home run. Either you will knock it out of the park or strike out.


http://thecaucus.blogs.nytimes.com/2012/10/30/chrysler-ceo-jeep-production-isnt-moving-to-china/ 
DrMaddVibe
13 years ago

Seems like most of this is comming off like Romney election over-stating/waffling/crap. If Ohioans catch on, he could lose the state. All he has to do is play it straight down the middle- "fairways and greens"- so to speak. Obama will look very presidential this week and this will give him a little bump. Enough to win? I don't know. But the electoral college appears to be very close with Obama in an ever so slight lead. Ohio is one of the linchpins of victory for both. Screwing around with the Chrysler stuff is like swinging for a home run. Either you will knock it out of the park or strike out.


http://thecaucus.blogs.nytimes.com/2012/10/30/chrysler-ceo-jeep-production-isnt-moving-to-china/ 

rfenst wrote:








WRONG!!!!







Read the links!
rfenst
13 years ago

WRONG!!!!







Read the links!

DrMaddVibe wrote:



You missed my point. This could easily backfire against Romney in Ohioans' minds. I can see an attack ad of Romney complaining about Chrysler with a split screen of a denial by Chrysler's GM.
DrMaddVibe
13 years ago

A merger could help the Italian carmaker survive the crisis by providing a reliable source of cash flow. Marchionne has said that in the long term, Fiat and Chrysler may need a third partner to survive and that he has held partnership talks with Mazda Motor Corp. (7261) and Suzuki Motor Corp. (7269)

DrMaddVibe wrote:





ooops....cross off Suzuki!

Suzuki to Exit U.S. Car Market After Almost Three Decades


Suzuki Motor Corp. will pull out of the U.S. car market after almost three decades, following Saab Automobile and Isuzu Motors Ltd. (7202) among automakers making their exits after failing to earn profits in the country.

Suzuki will stop the sale of new automobiles in the U.S., though it will continue offering motorcycles, all-terrain vehicles and boat motors, the Hamamatsu, Japan-based carmaker said in a statement today. The company’s U.S. distributor filed for bankruptcy protection in Santa Ana, California as part of the reorganization.
The withdrawal marks the end of a business that began in 1985 and never managed to win over U.S. consumers as Toyota Motor Corp. (7203) and Honda Motor Co. (7267) did. The move allows Suzuki, which has the smallest U.S. market share among Asian automakers, to focus on defending its lead in India, where the company is facing mounting competition from Hyundai Motor Co. (005380)

“Suzuki is no longer among the carmakers like Toyota or Honda to have an advantageous position in the U.S., so why not focus on what it is good at?” said Satoshi Yuzaki, Tokyo-based general manager at Takagi Securities Co. “It makes sense for Suzuki to focus on India and other Asian markets.”

Suzuki’s sales in the U.S. will stop after its current inventory runs out, said Ei Mochizuki, a Tokyo-based spokesman.

American Suzuki Motor, the wholly owned U.S. distribution unit, agreed to begin reorganization proceedings under Chapter 11 of the U.S. Bankruptcy Code, Suzuki said. The unit had $346 million of debt and $233 million in assets as of Sept. 30, according to bankruptcy filings.


http://www.businessweek.com/news/2012-11-05/suzuki-pulls-out-of-u-dot-s-dot-car-market-after-almost-three-decades 
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