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The Pub For General Automotive Related Talk |
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#1 | ||
Banned
Join Date: Feb 2008
Posts: 363
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US car makers are shutting down factories in a bid to avert collapse, but foreign firms operating in the southern US are managing to keep their heads above water.
http://www.youtube.com/watch?v=RNtYtVKYQnY |
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#2 | ||
Compulsive Hobbiest
Join Date: May 2006
Location: Ohio, USA
Posts: 1,032
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They make it sound like Mercedes is doing fine and dandy, even though they are asking the European Union for money for a bailout exactly like the Big3 in the US. Tell me this report isn't skewed.
In the region they spoke about in this report all wages are generally lower, not just the auto industry. Every industry on average is lower in wages there than in the northern region of the country. Where would you prefer to work? The State of Alabama gave Mercedes all kinds of incentives to build their plant there..... "As it turned out, Alabama offered a stunning $253 million incentive package to Mercedes. Additionally, the state also offered to train the workers, clear and improve the site, upgrade utilities, and buy 2,500 Mercedes Benz vehicles. All told, it is estimated that the incentive package totaled anywhere from $153,000 to $220,000 per created job. On top of all this, the state gave the foreign automaker a large parcel of land worth between $250 and $300 million, which was coincidentally how much the company expected to invest in building the plant." That is an excerpt from a letter that the CEO of Compuware wrote to Senator Shelby who stated that the Government should not be in the business of assisting manufacturers. Talk about hypocrisy. Senator Shelby is for giving millions of dollars to foreign auto companies in his State, but not assisting American auto companies. I am just waiting for the day when Mercedes goes to the Alabama government to tell them they are broke, after all the millions that the State invested in it. Their US sales for November fell 31 - 38% depending on who you reference. Mercedes has such a small market share here in the US. Steve
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My Filmmaking Career Website Latest Project: Musclin' My XB Interceptor project Wife's 1966 Mustang My Artworks and Creative Projects Site Oil Paintings, Airbrushing, Metal Sculpture, Custom Cars, Replica Movie Props, Videos, and more! |
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#3 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Newcastle
Posts: 3,246
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BA2 XR8 Rapid M6 Ute - Lid - Tint -18s 226.8rwkW@178kmh/537Nm@140kmh 1/9/2013 14.2@163kmh 23/10/2013 Boss349 built. Not yet run. Waiting on a shell. Retrotech thread http://www.fordforums.com.au/showthr...1363569&page=6 |
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#4 | |||
Render unto Caesar
Join Date: Feb 2008
Location: ::1
Posts: 4,221
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