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Originally Posted by Dragoneye
Is that taking into account gobal operations? Just curious.
And buying from them does keep much more money here than if one bought a Toyota (even if it was made in the US).
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The money goes 4 main places(excluding stock holders which could be anyone); execs, engineering, manufacturing and parts and service/warranty. The biggest benefit that a local economy sees are the last 2. The larger the portion of vehicle that gets made here the better off our economy is.
I am not saying Toyota is better in fact I am sure they are not. But GM cuts their own costs by going overseas and then wonders why the consumer does so as well???
If we do the "bailout" I think we should balance it by tariffs according to the ratio of built here vs. overseas. Just my .02. Otherwise we never get out of this hole. Again in my opinion we have become largely a nation of office dwellers and lost a lot of our manufacturing to other countries. We are not the manufacturing hounds that got us to greatness and I believe that we lost manufacturing purely based on labor costs and taxes. We've cut our own throats...