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Auto Industry Bill Doesn't Pass

         

StoutFiles

4:55 am on Dec 12, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Get ready for a big stock crash tomorrow...the inability of the UAW to accept lower wages has cost A LOT of people their jobs.

ken_b

1:16 am on Dec 30, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Apparently Toyota listened to the US domestic market to closely also.

idling a Texas truck factory for 15 weeks
http://www.bloomberg.com/apps/news?pid=20601087&sid=ath1Iy.S4k.o&refer=home

That is is the factory where Toyota builds the Tundra, a full size gas guzzling pickup truck, you know, the one that, in all their wisdom, they build to compete with the Ford F150, Chevy Silverado and Dodge Ram.

Boy does Toyota know how to pick role models huh?

By the way, ya know that suspended Prius factory? That was originally suspposed to build the Highlander SUV and was only switched to the Prius when gas prices killed SUV sales.

So much for Toyotas "dedication" to econo cars.

Say, anyone know how many US state and/or federal taxpayer dollars went into subsidies for all these foreign owned auto factories?

Oh wait...here's a tidbit about that...

The state pledged $296 million in incentives to land the Toyota factory. That is less than the $336 million in incentives that Mississippi provided to the Japanese automaker Nissan, which opened a factory in Canton, outside Jackson, in 2003.
http://www.nytimes.com/2007/02/28/business/28auto.html

And that's just for two transplant factories.

If we can help the foreign automakers, why shouldn't we help the US automakers?

ken_b

1:56 am on Dec 30, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Funny though, to think that the automotive industry started in the US ...

Surely you don't mean the auto industry started in the US? The late German Carl Benz, amomg others, might look askance at that claim.

started with Henry Ford ....

And uhmmm I think it was Elwood Haynes who liked to claim that he built the first US automobile. I believe he had a working horseless carriage a couple years before Henry Ford.

....stating 'any colour as long as it's black'

Which refers to a period of time during the middle of the 19 year of production of the Model T Ford. During which time there were numerous other US automakers building and selling cars in a wide array of colors.

Ford sold millions of the Model T in those 19 years.

LifeinAsia

4:40 pm on Dec 30, 2008 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



That is is the factory where Toyota builds the Tundra, a full size gas guzzling pickup truck, you know, the one that, in all their wisdom, they build to compete with the Ford F150, Chevy Silverado and Dodge Ram.

There is a major market for that class of trucks. Ranchers pulling trailers with animals or checking out their back 40, construction workers with thousands of pounds of materials and tools, and smaller companies offering local delivery can't very well run their businesses using a fleet of Priuses.

Yes, a lot of soccer moms and red necks who don't really need all that gas guzzliness also (used to) buy them. And a lot of other potential buyers (who need vehicles like that) are holding off their purchases because of the economy and gas prices. Perhaps it didn't end up being the best of timing for Toyota for that particular market segment. But it's kinda hard to compare one bad move by a car maker that hasn't shed workers in 24 years with the continuing blunders of the Big 3.

If we can help the foreign automakers, why shouldn't we help the US automakers?

You're talking Federal vs. state aid. Apples and oranges.

wheel

5:29 pm on Dec 30, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



The late German Carl Benz, amomg others, might look askance at that claim.

Never heard of him, and I've never heard of any german cars named 'Carl' either. So whoever he is he couldn't be that important.

Now Edsel Ford, he's another matter entirely. We know he was successful because of the well known car 'The Edsel'.

ken_b

5:58 pm on Dec 30, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



.

Syzygy

6:39 pm on Dec 30, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Funny though, to think that the automotive industry started in the US ...

Surely you don't mean the auto industry started in the US? The late German Carl Benz, amomg others, might look askance at that claim.

Sorry for not being more specific. I'm not talking about those who might lay claim to various automotive inventions, but am referring to the foundations of the automotive sector in commercial terms as we know it today. That point begins with the breakthroughs and innovations in mass production brought about by Mr Ford. That's the point I was trying to make.

Syzygy

Syzygy

11:55 pm on Dec 30, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Ranchers... checking out their back 40...

I've lived in Scotland, the West Country, South East England, and more latterly the Netherlands, and have never come across that expression. Might someone be kind enough to explain?

Thanks,

Syzygy

ken_b

12:08 am on Dec 31, 2008 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Checking the back 40 refers to checking a farmers land that lays far off the road.
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