By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our
Privacy Statement, and you agree that your use of the website is subject to our
Visitor Agreement.
Comments
The point of domestics selling in Japan may not be selling models designed and made in and for the US market, but rather something like Aveo made in China. There is tremendous profit to be made intermediating between/among the various overseas markets . . . Portugese/Dutch/British East Indies companies made far more money moving goods between China, Japan and Phillipines than they ever did making the long haul all the way back to Europe.
150 years ago, in 1856, Japan was still living under Tokugawa shogunate; Commodore Matthew Perry had just visited and forced open Japan to free trade. If the Japanese ruler knew what was coming, he would not have been overthrown in less than 10 more years.
The really funny thing is that all those trashy book scribes advocating long term planning did not even see what was coming in a few short months: end of a massive bubble that sent Japan into economic stagnation for well over a decade.
Japanese CEO's and upper management derive income and gratification far beyond what their nominal salaries indicate. Saying that they only make a few times the income of an average worker is about as absurd as saying the President of the United States makes only $250k a year, or that Fidel Castro makes less than $100 per month . . . all the staff are provided for free! Which private business executive making $250k a year has a summer house like Camp David? Captains of major Japanese companies actually run their national government, more or less, in addition to the cadre of camp followers.
Much of the talks of "long term planning" is little more than hubris for money losing business ventures and favoritism/nepotism . . . as amply demonstrated in the 1997 economic debacle in the far east.
I could go on and on but basically I always bought American despite the problems to support our industry counterparts but I gave up after 30 years and bought foreign.
Sincerly,
OW
Chin-E cars come to our shores.
Rocky
Rocky
Hell, I wish GM would just build a vehicle that didn't fall apart on me. My saga with my Suburban continues. Just donated another $1200 due to the A/C compressor self destructing @ 70k miles while driving back to Kansas from Indiana in 105 degree heat. Thanks GM, they prove to me everyday why fewer and fewer people want their vehicles.
With every thousand I dump into my Suburban, the chances I'll buy another GM product is reduced accordingly.
2014 Malibu 2LT, 2015 Cruze 2LT,
I think that GM quality went down after the 1998 UAW strike.
My 4 pre 1998 Chevy PU trucks and Suburban were trouble free. I am not so sure about this 2005 GMC PU. It is so tinny compared to my 1999 Suburban. The doors feel like they are going to fall off when you shut them. I would take back my last 3/4 ton 1993 PU in a flash if offered. I would not say that it is the Unions fault. Did GM cut corners on sheet metal & parts to make up for the cost of labor? Or are they just trying to shave weight to please the CAFE regs? Whatever, I am not impressed with the tinny feel of it. Our Fords at work were no better. I thought I wanted an Excursion until I got one at work. It was real shoddy built and noisy to boot.
Uh, yeah, I am still an Atlanta Hawks fan despite they are a laughingstock in NBA. However, I have nothing to lose to continue support my home team even if they are horrible. Buying cars from a "horrible home team" is another story. I am the one who's driving that car everyday and I don't feel good to know that with the same amount of money I could be driving a better built car.
I totally understand your loyalty toward the domestic auto maker but with $40K on the line, loyalty's gotta take the back seat for practicality.
For actual people in the long run, unbridled consumer goods trade (one way trade, that is) with China will end up a negative force.
http://www.carpoint.com.au/car-review/1607289.aspx
Personal experience overides everything. If the domestic vehicles I've owned were trouble free, then I would be bragging about them.
The fact remains most of my domestics have displayed poor quality and/or reliability. My current Suburban has cost me $4000 to keep on the road between 45k - 70k miles excluding normal wear items. That's a bitter pill to swallow. Thankfully I have the $ to make the repairs w/o starving my kids or borrowing the funds.
We make lots of long distance trips. It's getting to the point where in the back of my head I worry about what's going to fail next and I can't justify getting rid of it with all the repairs I've made.
Something in the GM water...greener pastures are always just around the corner...just blur your eyes to any current unpleasantness.
Yep. I've been hearing that kind of talk for better than 20 years.
Must be a mighty big corner...
Touchy, touchy aren't we?
Rocky
The home team is however, getting in a new advisor...exploring options.
Question to the forum...How does everyone think Chrysler did re: int'l merger with the Germans?
Toyota is making lots of money. However, Toyota has also had a whole lot of recalls lately, some quite serious.
Toyota announced recently that they have recalled 2.4 million cars in the last year and their recall rate is rising.
I don't see this as just a UAW problem.
There is no such thing as "one way trade." Trade is always two-way . . . one way economic transfer is called taxation, aid or robbery :-) Currently our trading partners just happen to like our paper and the supposed "full faith and credit" printed on them (despite Nixon's welching on the promise to redeem dollar with gold some quarter century ago). As to "for actual people in the long run," only those believe themselves to be smarter than anyone else can consider removing choices for consumers are actually good for them.
Honda has had transmission problems for years and replaced and replaced.
People accept their excuses and poor products. Pity GM/Ford it if were they having the problem with hesitation now in a wunderkar.
2014 Malibu 2LT, 2015 Cruze 2LT,
Rocky
I don't see where people are getting the money for these homes in San Diego. They are building 384 new homes and condos on two sides of our property. The condos start at $450k. The homes on top of the hill behind us are 3000 to 5000 square feet. No prices set on those yet. Well over a $million$ I'm sure.
So all those early retirees from GM/Delphi can take their silver parachutes and come buy a place next to me.
Silver Parachutes is what perhaps you got. :P Dad gets $2700 a month. I wouldn't call that sterling silver, but more like rusted steel :P
Rocky
The parachute I was referring to is the cash sum up to $135k that was offered. I did not read how many UAW members took that offer and the average payout.
Very few took the $135K from what dad said. The vets with 30 yrs. got $35K to retire. Dad only got the shirt on his back when he left with 27 yrs. I'm going to talk to him today to see how it feels not working at GM/Delphi anymore since this coming friday will be 2 weeks. Delphi is suppose to meet with the Judge this week. Step-dad and aunt are bracing themselves. :sick:
Rocky
I don't knoiw your Dad's age, but you did not mention social security payments and his HEALTH benefits. I am a retired cop and his pension of $2700.00 is the same as mine.
Rocky
Rocky
1) A monthly income of $2,700 that will soon be $3,000.
2) Excellent health insurance and benefits.
3) Complete freedom to work and earn whatever additional income they choose.
You present this as terrible, but your dad's situation would be the envy of almost every blue collar worker in the USA.
They could put them on foam pontoons and use them for housing in New Orleans. Then when it floods they just float around until the water goes down and have a new home site.
Rocky
They're at BHPH lots everywhere.
Rocky :mad: