Saturday, May 16, 2009

Tales from Bailout Nation Pt. XII

We’re pretty much committed Toyota people here but its news like this that pretty much puts the nail in the coffin of the notion that we will ever by a GM or Chrysler product in our lifetime.

As thousands of General Motors workers await word on more U.S. plant closures, reports that the company plans to import Chinese-made vehicles to the U.S. have created a political problem for the automaker and the White House.

The reports, which GM will neither confirm nor deny, could mean trouble because GM is supported by $15.4 billion in U.S. government loans, largely due to the Obama administration's desire to preserve the company's 90,000 U.S. jobs.

The United Auto Workers charged last week that the Detroit automaker intends to almost double over the next five years the number of vehicles it imports to the U.S. from Mexico, South Korea, China and Japan.

If the Chi-comm's quality control for its automobiles is as good as it is for its childrens' toys and milk, this should all go very smoothly.

2 comments:

B-Daddy said...

We buy Hondas, knowing we are keeping American workers employed and also getting great value and reliability.
My last Dodge purchase soured me. The older Caravans had a Mitsubishi power train that was pretty reliable. The new, made in North America transmission and engine have been nothing but trouble.

Anonymous said...

F 150.....Ranger.....Ford/

I know I'm a truck guy, but never had a problem.