Originally Posted by onehundred80
Buying these cars means that the profits go outside the country and we have to rely on them to reinvest in the NA economy, sadly they may decide to invest more in the third world. In fifty years when NA has a third world economy they may decide to come back here and we can repeat the cycle. When all the products are mostly made overseas we will have to take what we are are given, by then who says it will even be as good as what we make now? Having less money to spend we will have to settle for cr*p.
You are correct labour costs are killing the NA car manufacturers, their fault and they are paying for it now but so are we.
You are right, but the American manufacturers have to compete on quality, ride and resale value. It's not rocket science to become a leader in these areas. The bean counters in Detroit seem to always find way to cut costs and quality.
I work for a German company and in 2005 we came out with our 2012 plan. We are not concerned with quarterly results and only focused on tracking against the 2012 plan which is global leadership in our industry. I work in financial services and all my competitors are American companies receiving bailouts. American companies will sell out their future for a little better quarter, but my company is making huge gains in market share and is delivering a great profit to our shareholders.