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http://www.industryweek.com/expansion-management/bmw-south-carolina-plant-larges- t-us-exporter
Thanks Gary and Fin for your comments - I knew I had read those things but didn't have the details.
Are any of the D3 making vehicles in the US for foreign export? (except for US>Canada which I would assume is common?)
Exactly.
The reason BMW exports so much from SC is because it's the only BMW plant (outside of Russia) that makes X vehicles. They decided to export from here because they didn't want to invest in a plant in Europe for what they don't expect to be a big market. Also, with the weakness of the dollar it's cheaper to make them here than in Europe.
Want to impress me? Build the 3 series here and export them.
FWIW, my wife's E90 LCI 328i was built in South Africa...
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
But IIRC, those were not for export.
We knew this once the Ohio Honda plant, years ago, began making Accords (for eat of the Miss river) that were rated higher quality than the Accords imported from Japan (for west of the Miss river)...
http://www.philly.com/philly/news/HealthDay681376_20131022_FDA_Probes_Dog_Illnes- ses_Tied_to_Jerky_Treats.html
Right. And include the excessively generous benefits paid after retirement. No deductibles on any kind of care, vision, dental, health; same for surviving spouses. Huge cost over the Obamacare level insurance that the UAW and others now reject.
> Really, not much different than many other unions, just the UAW is much bigger and therefore more visible than most of the others.
2014 Malibu 2LT, 2015 Cruze 2LT,
If this union strikes, I wonder if the admin will refer to them as "holding hostage," "terrorists," "extortioists," and all those other terrible names that were used about the standoff in DC recently. That's exactly what the BART was doing in CA from my view.
2014 Malibu 2LT, 2015 Cruze 2LT,
The union, UAW in this case, has the ability to withhold services to the point of ruining a company by holding their product hostage. IIRC, the auto union would strike whichever of the BIG 3 were more profitable. By cutting their production for weeks and months, the company would be not profitable. And the other two would have had the advantage of picking up extra sales while the one company was being terrorized by the strike.
IIRC this was how in the early 90s the UAW got a lot of the problematic facets of their agreement with GM. GM was profitable and projected continued profitability, and GM gave in fairly easily to the union. Of course the management was wrong, incompetent, or just plain bad, however someone wishes to describe it, at how they allowed the union so much financial advantage.
2014 Malibu 2LT, 2015 Cruze 2LT,
In some cases, that comes from groups supporting the philosophy of a candidate and they put their money behind them with advertising. The candidate may not even have control over the advertising because of the way these funds are set up.
Of course, this can work the other way, and the funds and those who are behind them expect quid pro quo after the election. In some cases a large group such as the UAW or SEIU can provide lots of bodies who do lots of door-to-door work and lots of work getting people registered and getting them out to vote. That sometimes is worth more than financial backing for advertisements. Large groups can also provide funds for paying workers to recruit for registration and get out the vote campaigns and I believe those are outside the reporting on the statements. That proved to be much more effective in the last campaign than some of the dollars from the unions donated for advertising.
2014 Malibu 2LT, 2015 Cruze 2LT,
A union is just a self-interest group, like any other, that uses strikes instead of lobby money to get what they want.
The UAW hits an automaker in the pocketbook to get concessions.
A major league sports team enriches the pocketbook of others to get a new sports stadium.
So who is squeaky clean here?
>Many Americans don't even have that basic level of political understanding,
Ain't that the truth.
2014 Malibu 2LT, 2015 Cruze 2LT,
I'd argue that the UAW only had that sense in the short term. In the longer term, their behaviors killed their golden geese. If they had been more reasonable and partnered with their host companies, they might have much higher employment today.
Most people look for short term gains..it's almost part of our survival instinct, to get what we can while we can.
Just look at all the young people today saying "oh, I don't need to buy health insurance"....typical.
Well lamentably, you are correct. Some of us are longer-term thinkers, but clearly not most of us.
http://www.philly.com/philly/news/20131025_Study__Deep_poverty_on_the_rise_in_De- laware_and_Camden_Counties.html
And you'll have to throw in Michigan, Oregon, Kentucky and West Virginia.
http://www.huffingtonpost.com/2012/11/14/california-poverty_n_2132920.html
A UAW worker well outside the poverty line in Michigan is going to look mighty poor in La Jolla or Newport Beach.
But, nothing in that article suggests that the situation they find themselves in is the result of the global economy. Health care worker and two construction workers - those jobs are not being off-shored or exported.
Not sure about CA, but definitely Texas and other southern states. Time Magazine had a recent article about the Texas boom. People are still migrating there, despite the woefully inadequate social net and low ranking public schools, because of the opportunities in Texas are perceived to be better than in other states.
This has proven to be incorrect. If anything, the global economy feels no less volatile to me than national ones.
The Trade Unions have been hurt badly by the illegal immigrant population working under the table. Both on large and small projects. Mostly under minority hire rules. Public employee Unions are alive and well, decimating the tax payers with every new contract they extort from them.
California has the 8th largest economy in the world (larger than France) and a budget surplus.
I can see the humor in that statement. It is based on lies by our governor, not on any kind of facts. Our CALPers pension fund is owed as much as $100 billion we do not have. There is NO surplus. Only more debt and a downgraded debt rating. It just depends on who's rag you read and believe.
California taxpayers fund CalPERS’s pensions and ultimately guarantee them — now with $260 billion-plus in assets. But it also has growing unfunded liabilities — pegged at about $80 billion or so by CalPERS (much higher by some critics).
http://www.riabiz.com/a/5270811782938624/a-careful-look-into-whether-calpers-is-- ticking-along-or-a-ticking-time-bomb
"Most of the "boom towns" in the USA right now are in California and Texas".
I am not sure what you consider a boom town. I cannot name one in CA. If they have unemployment above 6% they are NOT a boom town. CA has 35% of all welfare recipients in the USA with about 10% of the population. The only reason people are spending money is we are borrowing from the future and handing it to them to spend. We are losing companies in CA at the net rate of over 5 per week.
According the Economist and Business Week, not exactly hotbeds of liberality, California's budget surplus is real indeed. Question is, how long term is it?
One of the biggest suckers on Cal's money isn't unions--it's to pay the Feds for back money owed on unemployment insurance. ($10 billion owed)
California did something that is incomprehensible to the rest of the country---cut spending deeply AND raised taxes.
Could it implode? Sure--2008 tells us that. But for now, Cal is doing pretty well, compared to the last decade of troubles.
Here's an interesting site dealing with state-by-state economic and human development - hard to blame unions for any of these gaps or problem areas.
You have to use some very fuzzy math to make the CA economy look good. The San Jouquin Valley is a huge mess after the Bay area cut off their water supply for irrigation. 30% unemployment in much of the central valley. You can try and defend the Public Employee Unions, They are the problem in this state along with the ECO NUTS that have made it a paradise for the RICH, and a hell for the middle class tax payers.
http://www.contracostatimes.com/opinion/ci_23921417/drought-conditions-californi- a-are-manufactured-by-politicians
You lost the auto sector last year when Ford announced it was moving out.
We haven’t lost the auto sector. It has struggled in Australia, particularly in recent years. . . . Partly that was because of poor policies put in place by the former government, which [imposed] additional red tape and industrial regulation and made businesses less competitive. Ford announced that it is pulling out as of 2016, but we are very hopeful that we will keep Toyota. We would like to see an ongoing motor industry in this country.
That is part of diversifying the economy?
We are not in the business of being prescriptive to businesspeople. Governments that go around picking winners usually end up spending a lot of money for no good purpose. If we can get taxes and regulation down and provide an environment that is stable and predictable and benign, we are confident the creativity of Australian entrepreneurs and the excellence of our workers will do the rest.
Having a good economy doesn't imply "fault free". When someone burns down a building, you don't fix it all in the snap of the fingers.
One thing for sure...California is doing much better as a one-party system than it did as a two-party brawl.