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Foreign Car Dealers’ Association Angry with Obama's 'Buy American' Message

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[source: MotorAuthority]

Foreign Car Dealers' Association Angry with Obama's 'Buy American' Message

Toyota, Nissan and Honda all build cars in the U.S. General Motors, Chrysler and Ford all build cars in Mexico and Canada in addition to within the U.S. It's hard to know which car is built where as a consumer, and the American International Automobile Dealer's Association (AIADA) is upset over President Barack Obama's 'buy American' message in during the Chrysler bankruptcy announcement yesterday.

The organization, which represents the 11,000 foreign nameplate car dealerships in the U.S., thinks the 'American' distinction is irrelevant. "In today's globalized economy 'buying American' can mean anything from buying a Chevy Avalanche built by Mexican workers in Silao, Mexico to buying a Toyota Camry built by Americans in Georgetown, Kentucky," said AIADA President Cody Lusk.

"The real issue is that every car purchased in America today is a shot in the arm for our economy, a boost for car dealers, who are the cornerstones of communities all across this country, and a win for American consumers who have the opportunity to choose the vehicles that best meet their driving needs. President Obama must recognize that protectionist policies and statements like 'buy American' have no place in America's economic recovery," said Lusk.

The AIADA and Lusk have a valid point - many Americans work for foreign car manufacturers, their dealerships and suppliers that rely on their business. Regardless of where the corporate profit - or loss - is ultimately going, every car sold in the U.S. does some good for the economy and America.

On the other hand, whether a car is assembled in Mexico or Kentucky, if the sale is chalked up for an American carmaker, it could help to boost the bottom lines of the most troubled - and thus most likely to fail catastrohpically - carmakers in America. And that could avert a situation where tens of thousands of Americans would lose their jobs.

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"The real issue is that every car purchased in America today is a shot in the arm for our economy, a boost for car dealers, who are the cornerstones of communities all across this country, and a win for American consumers who have the opportunity to choose the vehicles that best meet their driving needs. President Obama must recognize that protectionist policies and statements like 'buy American' have no place in America's economic recovery," said Lusk.

LMAO... americans will never learn the error of their ways...

As for the import auto dealers (most of which BUILT their import empires with money made by Detroit and most of which still keep a Detroit brand as "a fall back"

I say they go f*ck themselves.... (Thanks Camino, for that :D)

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Well Mexico and Canada's trade balance is a bit better lookin that US-Japan is. So it is still more beneficial to buy a car made in Mexico and Canada. PLUS there is the added bonus that buying cars made in Mexico pumps more money into the coffers of Mexicans, and more affulent Mexicans might make Mexico a nicer country that is not so corrupt & create a larger market for US goods & create a productive neighbor.

So, yes, there are benefits to buying 'American' still.

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Support Mexican workers, buy American?

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The only reasonable argument against the foreign manufacturers claiming to be producing cars here is that - the foreign cars may be assembled here but the content is still mostly foreign. American cars might be manufactured in Mexico or Canada, but the content is mostly American. By destroying domestic industry you are not only making car manufacturer workers unemployed but also its suppliers' employees.

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I continue to be amazed at those still micro-analyzing the WHERE a car is screwed together in a few hours... as defining what country the Corporation that allowed it to be created, is.

The foreign car dealers had better suck it up and open their eyes: with a healthier... FAR larger employment base serving the domestic automobile industry, there is more potential for the few transplant foreign nameplates to increase their sales. Kill off all those connected withg thre domestic auto industry and you only shoot yourselves in the foot.

Or, to nutshell it nicely ala Camino, once again: "Go F**k yourselves!"

>>"every car sold in the U.S. does some good for the economy and America."<<

Only initially. Obviously, in the long run, the potential for undermining to the point of collapse is quite real, and that's clearly "some bad".

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Last time I checked, all these corporations are publicly owned and traded. Can someone explain how the origin of the corporation really matters in determining where the money goes?

I get the "support the big 3" stance. Not questioning it over supporting other brands...I just never understood the argument that the money spent buying a Japanese car goes back to Japan.

Edited by Nick
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Last time I checked, all these corporations are publicly owned and traded. Can someone explain how the origin of the corporation really matters in determining where the money goes?

I get the "support the big 3" stance. Not questioning it over supporting other brands...I just never understood the argument that the money spent buying a Japanese car goes back to Japan.

There are SO many aspects to consider in something like this.

-Where is it assembled?

-Where do the parts come from?

-Where was it engineered? (that one gets overlooked a lot)

-Where are the big management bucks going?

-Where is the company owned?

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Last time I checked, all these corporations are publicly owned and traded. Can someone explain how the origin of the corporation really matters in determining where the money goes?

I get the "support the big 3" stance. Not questioning it over supporting other brands...I just never understood the argument that the money spent buying a Japanese car goes back to Japan.

You live in CA. You make your income in CA, pay your taxes in CA, and deposit your savings in CA, no? Not Maine, right? Sure, there are federal taxes, and national/international investment possibilities, but including your consumerism, is not the majority of dollars attached to your name shuttling around in CA ??

Toyoda is incorporated & headquartered in Japan, pays their taxes in Japan, and assumedly does a great portion of their banking in Japan. Sure, assumedly they pay some portion of their utilities & property taxes from their plants here (unless they're still skating on all the state freebies initially given...), but why would you think the bulk of their corp money would be anywhere else beside Japan, even if 75% is generated in the U.S. ??

BTW, it has been detailed here before that one cannot buy actual shares of TMC on the SE, only 'representative' shares- so 'where' is that money (if it's really anywhere') ?

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President Obama must recognize that protectionist policies and statements like 'buy American' have no place in America's economic recovery," said Lusk.

Yes, how dare we show some national pride and/or try to keep a US mfr. relevant in one of the last industries we still even have any chance of competing in.

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[source: MotorAuthority]

Foreign Car Dealers' Association Angry with Obama's 'Buy American' Message

Toyota, Nissan and Honda all build cars in the U.S. General Motors, Chrysler and Ford all build cars in Mexico and Canada in addition to within the U.S. It's hard to know which car is built where as a consumer, and the American International Automobile Dealer's Association (AIADA) is upset over President Barack Obama's 'buy American' message in during the Chrysler bankruptcy announcement yesterday.

The organization, which represents the 11,000 foreign nameplate car dealerships in the U.S., thinks the 'American' distinction is irrelevant. "In today's globalized economy 'buying American' can mean anything from buying a Chevy Avalanche built by Mexican workers in Silao, Mexico to buying a Toyota Camry built by Americans in Georgetown, Kentucky," said AIADA President Cody Lusk.

"The real issue is that every car purchased in America today is a shot in the arm for our economy, a boost for car dealers, who are the cornerstones of communities all across this country, and a win for American consumers who have the opportunity to choose the vehicles that best meet their driving needs. President Obama must recognize that protectionist policies and statements like 'buy American' have no place in America's economic recovery," said Lusk.

The AIADA and Lusk have a valid point - many Americans work for foreign car manufacturers, their dealerships and suppliers that rely on their business. Regardless of where the corporate profit - or loss - is ultimately going, every car sold in the U.S. does some good for the economy and America.

On the other hand, whether a car is assembled in Mexico or Kentucky, if the sale is chalked up for an American carmaker, it could help to boost the bottom lines of the most troubled - and thus most likely to fail catastrohpically - carmakers in America. And that could avert a situation where tens of thousands of Americans would lose their jobs.

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This is a comment that even non-Obama supports should like.

It's about time we had a President that believed in us.

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You live in CA. You make your income in CA, pay your taxes in CA, and deposit your savings in CA, no? Not Maine, right? Sure, there are federal taxes, and national/international investment possibilities, but including your consumerism, is not the majority of dollars attached to your name shuttling around in CA ??

Toyoda is incorporated & headquartered in Japan, pays their taxes in Japan, and assumedly does a great portion of their banking in Japan. Sure, assumedly they pay some portion of their utilities & property taxes from their plants here (unless they're still skating on all the state freebies initially given...), but why would you think the bulk of their corp money would be anywhere else beside Japan, even if 75% is generated in the U.S. ??

BTW, it has been detailed here before that one cannot buy actual shares of TMC on the SE, only 'representative' shares- so 'where' is that money (if it's really anywhere') ?

I wasn't trying to be a smart ass even though my comment may have come across that way. It was an honest question that I would like to know the answer to in greater detail. I may have some interest in performing some research on where cash flows are diversified...Interesting point about the stock though. I wasn't aware.

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This is a comment that even non-Obama supports should like.

It's about time we had a President that believed in us.

well... i guess this makes it even about the whole "country that invented the car" statement. although he could have salvaged it by saying the country that invented batter cars :lol:

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screw them. bite me. all of that.

simply put. if you spend your money, sure you want a great product. but if you care even just a &#036;h&#33; about anyone besides yourself, i don't care if its your neighbor, countrymen, family, etc. and you like the American way of life and prosperity for all, then you would care just a little f@#king bit about keeping companies here strong because other countries do not play fair in trade and use our weak pussy mentality against us.

typically people who seem to not care are ones who work in idustries that they don't feel their own jobs are threatened by ownership moving overseas. trust me, how would you enjoy it if your company went tits up because 2/3 of the work went overseas? Generally all that gets left here is 'sales and marketing'. HA. marketing and sales is needed to make up for &#036;h&#33; product. People today think marketing is more neccessary than product.

World economy, would you rather our citizens be doing the work, or somewhere else, driving our collective brain power down the &#036;h&#33;ter?

Edited by regfootball
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I wasn't trying to be a smart ass even though my comment may have come across that way. It was an honest question that I would like to know the answer to in greater detail. I may have some interest in performing some research on where cash flows are diversified... Interesting point about the stock though. I wasn't aware.

I did not take it as a 'smart ass' question- hope my answer wasn't taken that way, either.

I, too, would be interested to know the specifics here, but I'm afraid toyoda (for EX) would not be divulging this information, probably at least partly because it would be strongly counter to the 'gentle benevolent guest' image they try to portray.

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Well.

I guess I've already made my contribution to this thread...

:lol:

But in case anyone missed it, hey foreign dealers...

GFY!

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Take it & run with it, Camino !

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Take it & run with it, Camino !

:scratchchin:

I might just do that...

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Awww poor F*ckin babies! Im tired of this whole damn "Where its made" argument! If its a jap brand made by Americans in friggin Kentucky the money still goes to a JAPANESE company! If its an American brand made by friggin Mexicans in Mexico the money still goes to an AMERICAN company! I know you guys on here know this, and it's common sense, but why the hell can't anyone else get this into their thick skulls!!! By the way I do my part every time I drive past the Toyota dealer and yell F*ck Toyota don't buy their garbage! May be immature, but it makes me feel better. :Toyota:

Edited by Daryl Z71
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Oh and call me racist but if they don't like the way we handle our business, then pull out the F-15's and blow their asses back to hell!

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Globalization is good. Trade is good. Obama is wrong.

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Globalization is good. Trade is good. Obama is wrong.

equal and fair trade is good. why is japan bitching, their exports went to pot when car sales tanked. they have a trade defecit now, and they cannot function well that way. which is why they are turning the screws up to us so they can get their gravy train going again.

its not just japan anymore either. VW just extorted all sorts of money to build stuff in where, KY or VA? Move in for the kill, we outsourced all our other jobs so yeah people will be dying to work for 12 bucks an hour in a factory.

Edited by regfootball
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equal and fair trade is good. why is japan bitching, their exports went to pot when car sales tanked. they have a trade defecit now, and they cannot function well that way. which is why they are turning the screws up to us so they can get their gravy train going again.

its not just japan anymore either. VW just extorted all sorts of money to build stuff in where, KY or VA? Move in for the kill, we outsourced all our other jobs so yeah people will be dying to work for 12 bucks an hour in a factory.

Japan is hurting itself with its extremely strict immigration laws, imports, and protectionist policies. Japan does not enjoy our prosperity because they refuse to participate fully in the global marketplace. Just because they impoverish themselves on purpose does not mean we should do the same. It is ONE planet, ONE marketplace, and hopeless poverty is the only outcome of not participating in it.

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