“Buy American, Buy Toyota and Honda”
If it makes you feel better to buy a foreign car assembled in America, that’s fine. When the bell tolls and the profits are made, where do you think the money goes? TOKYO. We have outsourced our jobs, imported crap from China, allowed the foreign manufacturers to come to America, build their cars and refuse to allow our car manufacturers to do the same in their countries and we wonder why we are the largest debtor nation on earth. When the Big 3 fail, so will the foreign companies because they use the SAME SUPPLIERS the Big 3 use. The reporter who did this story is an elitist who probably never spent a day making a real living.
There are US owned automobile companies in foreign countries.
Half the GM and Ford cars are made in Mexico, Canada, Europe and Brazil.
When the bell tolls and the profits are made, where do you think the money goes? TOKYO.
They build great cars. Never had a single problem with them. I can't say that for the "American" cars I've owned. The last "American" car I bought was a rattle trap within 50,000 miles. My Toyota has over 130,000 miles on it and it still runs like it was new.
I'm not going to buy a piece of crap GM car just because it will support the members of the Auto Workers Union, who in turn vote like lemmings for members of the democrat party.
When the Big 3 fail, so will the foreign companies because they use the SAME SUPPLIERS the Big 3 use.
The same number of cars will be bought without GM as with GM. People need cars. They don't need junk made by overpaid union flunkies who think that because they belong to a union, that they are entitled to build junky cars and expect people to buy them just because they think they are doing their patriotic duty. The suppliers will simply look for new customers. The customers will be there as long as people keep needing new cars.
BTW since I bought my Toyota 6 years ago, and since it still runs like new, unlike my old American cars which were junk before I could pay them off, I don't need a new car. I'll probably go another 6 years before I start thinking about a new car.
You made some very good points and seem to have a realistic grasp on the situation. Do you know if the foreign companies are still allowed to offset taxes due on profits made in the US by taxes due in their home countries.