Posted on 12/06/2015 1:40:03 AM PST by Cringing Negativism Network
General Motors says it will sell in the United States next year a vehicle made in China, becoming the first major US automaker to do so.
http://news.yahoo.com/gm-sell-china-made-vehicle-us-first-214648322.html
(Excerpt) Read more at news.yahoo.com ...
Answer these questions grasshopper before inserting foot in mouth.
“The production cost/price breakdown for a typical $30,000 do you know how much goes towards labor? “
I know that over $7,000, alone, 10 years ago, went to pay the pension fund.
You might want to take that stick out of your ass before making snarky comments. It seems to keep you from knowing what you think you know.
Yep, over the course of the last century manufacturing has
slowly been exported to foreign soils.
As some article said: in 10 years China will have more Christians than any other country, in 25 more Christians that all other countries combined ...
The first cold war was fought with military hardware and we bankrupted the USSR. Now we find ourselves in a second cold war and the Chinese and they are using every trick in the book to bankrupt the USA and destroy the USA’s industrial base, with slave produced product, which is the heart of the USA’s strength. They are winning. A combination of corruption and stupidity will destroy the USA.
GM isn’t wrong.
The questions are.
1) would you buy one? (no)
2) do you feel safe with it on the road next to you? (no)
the quality will probably be garbage, and the warranty costs are going to break GM again.
I also know GM claims a $19 billion shortfall, still, on that pension plan.
“However, when total benefits (including pensions and health care for workers, retirees and their spouses) is factored in, GM’s total hourly labor costs is about $69, while Toyota’s is about $48.”
That is $140,000 per worker. THAT is not a LOW cost.
The rule of thumb is that it takes 30 man-hours to build a car.
You've bought off on some bad propaganda, usually your posts make sense but you are way off here pal.
PS: I am not defending unions but only using this for comparison. Non union built cars ar in the 6-7% labor range.
To Drago,
I was going to post something similar. The TARP money and US institutions and pensioners who held GM bonds are paying for this invasion of Chinese Buicks. I would rather have had GM go bankrupt, save what it could, adjust UAW pensions, salaries etc, and do what is normal under bankruptcy, than to have this outcome.
Ten years or more Boeing entered an agreement to have the Chinese build wings for jet transports just so Boeing could sell jets in China. Now with that experience and the ability to build their own wings, China has begun building and selling their own transports. GREAT! outcome only if you hate America and are a committed one-worldist.
Oldplayer
Your numbers are BS propaganda. I take it we have ourselves on FR one of those UAW socialists.
Slowly?
It has basically been sold off in the last 20 years.
America was not too long ago, the world’s premier manufacturer.
China has now passed us in exports, and all trends are in China’s favor at the moment.
Yet they are a massive communist country. Still.
My military career started in the early 1980s. Back then, there was a lot of concern about the “Industrial base”. And rightly so. But it started to evaporate in the late 1980s (as the Soviet Union declined) and you hardly ever heard the phrase by the end of Clinton’s 2nd term. It is shortsighted, stupid and some day will come back to bit us in the ass. In fact, I can foresee a perfect storm of factors (inadequate industrial base, women in combat, political correctness, aging equipment, white elephants like the F-35, etc) taking their toll at the same time in a future conflict.
After Vietnam, we did some serious introspection and improved the Military. Sadly, I think it will take another defeat of that magnitude to wake us up again. But, at least, after Vietnam we still had common sense as a society. I fear we have lost that and will draw exactly the wrong conclusions next time. That is, instead of fixing the real problems, we’ll double down on stupid.
Do some research grasshopper and get head out of dark area between your legs.
But as patriots, do we want to fund the Chinese military instead of ours? Do we want to support their veterans instead of ours? Or their infrastructure instead of ours? Or their space program instead of ours?
I might save a few bucks by buying something made in China in the short term, but in the long term we end up screwing ourselves.
It takes around 30 man-hours to build a car; you can't change that. A 'vette might take 32 man hours and a Focus 28 man-hours but it is the industry rule of thumb - 30 man-hours. DO SOME RESEARCH.
The factory cost 2 billion to make. BUT IT IS SPREAD OUT OVER ALL THE CARS MADE. Get it? Labor is the same.
You took the words right out of my posts. So was I. Their recent history has only strengthened that resolve.
I'll have to add VW to the list, after the fraud committed by the company itself and now the Tennessee workers voting to be represented by the UAW.
This is why I think Trump will win in a 50 state landslide.
Isn't that free trade???
</sarc>
Isn't that free trade???
</sarc>
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