Chinese auto supplier aims to take over Delphi

Xinhua ^

[Pussy_Cat]

Well Done, Union, and corporate fat cats. You have succeeded in pulling off a feat no other nations can ever achieve: decimating the industry base of US.

[austinite]

Well Done, Union, and corporate fat cats. You have succeeded in pulling off a feat no other nations can ever achieve: decimating the industry base of US.

Shhhhhhhhhhhhhhhh! Hold it down friend, Good God don't get the free 'traitors' started. Be careful.....Shhhhhhhh.

[Long Distance Rider]

I'll bet Charles Kettering (Boss Kett) is spinning in his grave.

[Darksheare]

Where have you been since 19th June and your flaming of ProudVet?

[2banana]

"History teaches us that when you become indifferent and lose the will to fight, someone who has the will to fight will take over." Col. "Bull Simons"

[1rudeboy]

Why not? Looks like a Bolshevik is here already.

[Pessimist]

"Well Done, Union, and corporate fat cats.."

Don't forget consumers. So basically... everybody.

The reality is that - for a variety of reasons - imports enjoy an economic advantage over domestic products. That's just the way it is.

[austinite]

Not Red here.

I believe in tariffs until the auto industry can re-adjust. It's a matter of national security.

Believe me I want to drive a new honda for 6k but that would mean gutting our industrial base for short term gain ( I have kids ), a base that would be needed in a real shooting war. This is something that free traders don't get.

Free trade = National suicide.

[Francis Joseph]

This makes sense. China and Japan hold a significant portion of our 8 trillion in government debt, so they might as well start buying up the assets of our bankrupt corporations.

The government and corporate plutocrats in the US love the China model: $9 an hour, no pension, and no health care.

I guess all those junkets to China by US politicians over the years are starting to really pay off.

[TXBSAFH]

Free traitors are proving to be quite expensive.

[1rudeboy]

What do you think will happen to that Honda plant in Marysville, Ohio in case of a shooting war? Flee to Canada?

[1rudeboy]

No Einstein. Expensive is paying your workers an average of $64.00/hour in wages and benefits. Inexcusable is the Bolshevik-wing of the conservative movement that casts about for villains, and neglects to realize that the primary culprit is its own government.

[TXBSAFH]

Japanese auto manufactors set up US plants starting in the 1980's due to tariffs. Not free trade.

[KarlInOhio]

I believe in tariffs until the auto industry can re-adjust. It's a matter of national security.

The Japanese "threat" appeared in the 1970s and became strong in the 1980s, so the auto industry has had 20-30 years to adjust. How many more decades will they need?

[TXBSAFH]

Yes our government is at fault, for entering into free trade agreemenas and not having tariffs.

[1rudeboy]

First of all, it was "voluntary import restrictions," not tariffs. Small point, but you should get your terminology straight on this forum. Secondly, those expired in what, the mid-1980's? Explain the new 1.1 billion dollar Hyundai plant in Alabama.

[voletti]

Let the chinese buy Delphi provided they will takeover all of Delphi's debt and pension commitments as well. Somehow, I don't think thats gonna happen in a hurry. The plain truth is the current dispensation is economically unsustainable. Look at it thru whatever glasses ('cept Marxist ones) or from whichever angle.

[TXBSAFH]

Because they want in our markets. You will not see a Chicom company do this.

[TheOracleAtLilac]

Japanese auto manufacturers set up US plants starting in the 1980's due to tariffs. Not free trade.

Actually, no. Tariffs were always 'bout 3% for cars.(except for "Nixon Shock" in the early 70's)

It was the "voluntary export restraints" of the 80's that made US assembly/mfgr more attractive/necessary

[Iscool]

No Einstein. Expensive is paying your workers an average of $64.00/hour in wages and benefits.So if Delphi and GM drop wages and benefits to the rates paid at Toyota, for example, will you be happy???

GM and Ford vehicles already cost less than their Japanes counter parts so we know that with any wage cuts, the vehicle prices will stay the same...