By: FRANZ IN MEDINA OHIO

FRANZ IN MEDINA OHIO — Wed, 05 Nov 2008 23:52:23 +0000

The problem is that the import plants in the United States are not very covertly financed at a loss by their national governments to avoid Congressional threats on import bans. If the Big Three die out, the Imports will close their plants and export cars here from overseas or Mexico. They did the same thing in Britain. Therefore, if Japan funds Honda, then GM must look to the Feds for aid. Further, other than the big US three, none of the imports have the retirement legacy burdens. Finally, the Big Three tried building small cars in the USA from late 1976 until the early 1990s. People hated them, and the Japanese started building large cars, starting with Lexus. Detroit followed. The subsidies The Big Three are asking for are to instal new production equipment at old plants and to design smaller cars with new materials such as carbon filament fibers, and later with carbon nanotube thin sheet, while still making them meet US safety standards. This would be highly risky even for the Import firms, much less the Big Three due to the greater lawsuit threat environment here. GM and Ford do make hile mileage cars overseas, but they have to redesign them for US Govt standards and add 300 more pounds of safety equipment to them.

By: The Classifieds

The Classifieds — Thu, 18 Sep 2008 07:51:03 +0000

Thanks for sharing such wonderful info. Have a good one man.

Comments on: AUTO INDUSTRY: CEO of GM leads lobby of lawmakers for “bailout” loans

By: FRANZ IN MEDINA OHIO

By: The Classifieds