Posted on 03/03/2004 10:07:32 AM PST by 11th Earl of Mar
Edited on 05/07/2004 7:13:23 PM PDT by Jim Robinson. [history]
FLAT ROCK, Mich. (AP) -- Ford Motor Co. and Mazda Motor Corp. will need about 1,000 more workers when production of the redesigned Ford Mustang begins at their joint venture assembly plant later this year.
The jobs at the AutoAlliance Inc. plant south of Detroit will be filled in part by Ford workers displaced by last weeks closure of a pickup plant in Edison, N.J., as part of the company's cost-cutting efforts.
(Excerpt) Read more at freep.com ...
Who will be able to fill the tank when gasoline reaches $3.00 per gallon and the car only gets 18mpg?
I once worked for a firm which had an employee who reminds me of Willie; he roamed the halls, telling anyone who would listen about the dire, terrible things that were about to happen to the company: "Did you hear, they're going to lay off half the cafeteria workers; you know what that means....", etc., (and none of which ever came true.)
His nickname: "The Grim Reaper"
Pray for W and The Truth
Hey, what's the problem don't you know that gasoline has been "adjusted for inflation." It's a bargain at that price.
Now if you'll excuse me I have to go buy an adjusted for inflation loaf of bread for $20.
I have known about Fords ownership stake in Mazda since the day Ford did it. Not news to me. It is still a Ford, though. SHAME ON YOU Willie! I wuz rite the 1st time.
Even cartels must generate production volumes above their break-even points.
And they "compete" against other modes of transportation, including public mass-transit and the used vehicle market, but not among themselves.
Plus there is strong incentive to state their earnings in a fashion that minimizes their tax obligations.
So the complex answer to your simplistic question is THEY DON'T have so much "trouble" making money whatsoever.
Kudos.
Few consumers are aware the the global cartel is dominated by merely 5 major players.
Darn near any other auto-manufacturer that you can name has had their independence compromised by incestuous ties similar to Ford/Mazda. The selection from which to choose isn't as wide as people think.
You can build your new factories in the U.S.A. using only American middle class construction workers and build your new line of cars using only American middle class autoworkers.
Please report back with weekly updates on how many new hires you are creating at Green Motors.
Yep and besides, we should be paying $5/gallon like the French.
THEIR BREAK EVEN POINT DEPENDS ON THE PRICE THEY CHARGE. A CARTEL MANIPULATES THE MARKET SUPPLY TO KEEP PRICES HIGH. THAT IS THE DEFINITION OF A CARTEL. SO THEY CAN CHANGE THEIR BREAK EVEN POINT. IF THEY WERE A CARTEL, THEY WOULD NOT HAVE TROUBLE EARNING MONEY. AGAIN, YOU DON'T UNDERSTAND WHAT A CARTEL IS.
Plus there is strong incentive to state their earnings in a fashion that minimizes their tax obligations.
First of all, reported earnings for tax purposes are not the same as reported earnings in their annual report. Aside from that, if you think the CEO's of auto firms or any other firm are deliberately reporting losses or minimal profits when in fact they're making money, you're even more of a simpleton than I thought. They are typically rewarded and kept in their position by the share price performance, which reflects profitability. If you think about corporate scandals, you will recall they are where they are inflating reported earnings. You don't have one source that shows they are deliberately understating profits. It's another of your fabrications.
As far as savings being passed on to consumers goes; weren't you the one posting that 50 million was being earmarked to "study the feasibility" of connecting the major Texas cities by high speed rail? Not to actually do anything, but just study an issue
Where, exactly, does that money come from? It comes from taxes forcibly taken from me with the threat of jail or fines and loss of property. However, if I want to pay Mazda more for a B-series pickup than I do Ford for a Ranger, that's my CHOICE.
Those who can, won't care. Those who can't, won't buy it.
Hey Willie, remember all your posts about how much money will be saved from having to build all those highways?
Are you suggesting that the federal or state governments will pass on the savings to consumers and taxpayers if the High Speed Rail System is adopted?
No. Investment in improved transportation infrastructure provides public benefit through economic stimulus and expanded commerce. Not by "passing along savings".
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.