Myths malign American auto industry

[regfootball]

here

"According to the Automotive Trade Policy Council, DaimlerChrysler, Ford and GM accounted for 85 percent of the investment in the U.S. auto industry between 1980 and 2002, a total of $176 billion invested in U.S. communities. These three companies alone purchase 80 percent of the auto parts now produced in the United States.

Big Three investment and purchasing supports millions of U.S. workers, retirees and their dependents. Yet the United States remains the most open automotive market in the world. Forty percent of vehicles sold in the U.S. have foreign nameplates, compared with 22 percent in Europe, 5 percent in Japan, and just 2 percent in Korea.

Additionally, the Big Three are faced with free trade agreements that allow unfair trade practices like currency manipulation that give some foreign automakers an artificial advantage. These are not complaints -- just facts."

[regfootball]

Another myth

'only domestics sell/dump into fleets'

I also found an article stating that

"Toyota Motor Corp. ( 7203.TO), the top-selling Japanese automaker, boosted fleet sales 16% in the first seven months of 2005 compared to the like period in 2004, according to R.L. Polk, while Nissan Motor Co. (7201.TO) and Honda Motor Co. (7267.TO) have upped fleet business 25% and 30% respectively."

NYSE

Although I am not that pro-union at this time, the message I wanted to emphasize from Ron Mexico's article was that fact that US brands are building great products and how the Toyota myth needs to be dispelled.

And Toyotas, etc. are such great resale products? Better than Ford and GM? Well Toyota is dumping into fleets too by the looks of it! Edited October 8, 2005 by regfootball

[CARBIZ]

So why isn't GM putting this stuff up on billboards? This is the info that the average consumer need when making their buying decision. "BUY A CAMRY AND SEND YOUR KIDS TO BURGER UNIVERSITY."

[razoredge]

Thanks for posting this Reg. There will be no reaction to it from the wallstreet tycoons on the Anti American workforce thread. The current trade agreements were built with a purpose, there was an agenda, we are seeing it unfolding now. While we are watching this unfolding we can also go down to the burbs and see $500,000 houses being built, neighborhood after neighborhood. Why does our government use the word "fair" ?

[CaddyXLR-V]

Thanks for posting this Reg. There will be no reaction to it from the wallstreet tycoons on the Anti American workforce thread.

The current trade agreements were built with a purpose, there was an agenda, we are seeing it unfolding now. While we are watching this unfolding we can also go down to the burbs and see $500,000 houses being built, neighborhood after neighborhood.

Why does our government use the word "fair" ?

[post="25544"]<{POST_SNAPBACK}>[/post]

And none of those houses are being built for union workers right? You make it sound like they all live in $50,000 houses.

[razoredge]

And none of those houses are being built for union workers right? You make it sound like they all live in $50,000 houses.

[post="25686"]<{POST_SNAPBACK}>[/post]

:lol: :unsure:

[regfootball]

Again, here I am merely trying to highlight the hypocrisy of the press of continually bleating about the domestics selling to fleets when in fact, everyone is doing it. But hey, here's the mainstream press on the top of their game. Go look at the newly proclaimed poster child of all the auto journaists for mid sized sedans....the new Sonata. Honestly, go take on look at that dull unexciting piece of crap and tell me its design excellence. You get a lot of features for the money.....but that's it. Tell me that its a sports sedan, or that that interior doesn't look dimestore. Average JOe Blow can't take the time to go check out 10 sedans when shopping, so they read Ann Job and the Lienerts and Car and Driver telling us to get the new Sonata. They want to be told what to buy and that's where all the myths get started.

[capriceman]

dont tell me that i already no send that to gm media website and say get this info out there.

[Dsuupr]

Great article. Thanks for passing it on.