Quote:
Originally Posted by rayhawk
The important part there is the $1.2 BILLION of our dollars being lost to Japan. That money isn't coming back
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Like all auto manufacturers, Toyota reinvests in North America as well as elsewhere...
1) Toyota manufactures more Canadian-built vehicles sold in Canada than any other manufacturer...can you say "domestic"?
2) GM's investments in CHINA are substantial, where BUICK is considered a leading Brand...and is the main reason Pontiac, not Buick, was excised last year, because...
3) China
IS the immediate "future" for GM and others.
MORE vehicles will be sold in China than North America, giving a clear signal as to what an "Emerging Market" is/means...
4) It is only a matter of time before Chinese-assembled vehicles hit our shores, from various manufacturers...including GM. Those "assembled in China" products do
NOT promise new manufacturing jobs in North America for us...but
DO guarantee offshore investment profits...