Auto Industry

[rooster-red]

Quote:
The answer is no.
Check the electronics out on any car made by the big 3 and you will find foreign made parts.

 

[rufus]

You people missed my point that not only the manufacturing is going overseas, but the ownership is also going overseas. It is not a case of greedy management shipping jobs to other countries, we are being bought out big time.

The auto executives looked at the books and know the ship is sinking. They just made off with the life boats. They looted and left.

These companies are stock companies, and when enough ownership is in the hands foreign interest, they will be off to Asia.

Worse is the matter of foreign ownership of American real estate. We are rapidly becoming unwelcome guests in our own nation.

Rufus

 

[conny63malies]

Chevy in Lordstown Ohio just turned to 1st shift one week 2nd shift the next then 1st again.... 800 more workers are cut and in April they will switch to one shift indef.

 

[beak]

What do you think the Chinese are going to do when they finish buying our land and all our businesses? Evidently the Japanese own quite a bit too. Sounds like the US will be one with the world. Either that or we'll get evicted.