Playing devil's advocate, I would argue that since both GM and Toyota are public companies (and traded on the NYSE) that the ultimate beneficiaries of profits are the shareholders (both foreign and domestic). Japan, as a country, is also the biggest foreign investor in US assets. So, if you think of it that way, all those Japanese fat cats making huge profits selling their products in the US are investing most of those profits....you guessed it, right here in the USA.
It's a shame about the layoffs at GM. They've been headed in the wrong direction for a long time.
Matt
At 01:22 PM 11/22/2005, [EMAIL PROTECTED] wrote:
I agree with all of you; but you're missing the big picture. James is right. The Japanese do not open their trading borders, not just for Autos but all products, with the same open arms that we do. Bottom line; follow the money. Where do those profit dollars really go after the cars are built in America?
BTW, GM is closing 9[i think] plants and laying off some 30,000 employees.
Rich
-----Original Message-----
From: Matthew Post
Sent: Nov 22, 2005 4:12 PM
To: The Chevelle Mailing List , The Chevelle Mailing List
Subject: Re: [Chevelle-list] Anyone home?
Are there any vehicles that are ENTIRELY American built anymore? And by that I mean without Canadian or Mexican parts/assembly etc.? I doubt it. Larry makes a good point, but I believe those Japanese cars assembled here are made with mostly Japanese parts. They are assembled here to avoid the customs duties associated with finished goods, but GM and Ford do the same thing in Europe.
I guess my point is that the lines are very blurred. People can say "Buy American" and I'm all for it, but you have to wonder how much of the product is really American. Besides, the Japanese automaker pays taxes to Uncle Sam for selling their cars here, same as GM or Ford.
Matt
At 12:32 PM 11/22/2005, Larry Shouse wrote:
I'm not ashamed of owning a Japanese vehicle. As far as I'm concerned it's our right as an American to buy what we feel to be the best fit and value for our given situation. Besides, many "Japanese" cars and trucks are assembled here in the United States, while many of our American vehicles are assembled in other countries. Same goes for parts. You want to buy strictly American? That's your right and I will defend your right to do so, but good luck accomplishing your goal.
Larry Shouse
- ----- Original Message -----
- From: James Strunk
- To: The Chevelle Mailing List
- Sent: Tuesday, November 22, 2005 1:17 PM
- Subject: Re: [Chevelle-list] Anyone home?
- I have an idea,,no a suggestion,get rid of that japanese car,,anybody should be ashamed to own japanese cars,they restict owr big three automakers to a specific # of cars that can be sold in japan,, FAIR TRADE ??? I've said before,,If you see me in a japanese car or truck,,call the law,,I've been kidnapped !!!!!
- ----- Original Message -----
- From: [EMAIL PROTECTED]
- To: [email protected]
- Sent: Monday, November 21, 2005 9:46 PM
- Subject: Re: [Chevelle-list] Anyone home?
- ok ok somebody has got to step and be the expert ......somebody? anybody ? gezzzzz maybe all of us together are the experts lol
- Darin Bailey
