March 28, 2008
– Comments (7) |
RELATED TICKERS: JPM
Ron Paul: Fixing America Pt.2. The video is 10 minutes, listen to at least the first 2:00 minutes
The good ol' USA needs Ron Paul, like a fish needs water
Yep, but there is such a mess the next President will be overwhelmed.
I don't think there's are that bad anymore for the good ol' USA.
Have you seen the manufacturing numbers from China? Well, they're bad but maybe not...
Japan, US and EU car manufacturing shifting to emerging nations: study
Thu Mar 27, 2:47 PM ET
OTTAWA (AFP) - Automobile production in Brazil, Russia, India and China will surpass that of North America, traditionally the world's largest car market, for the first time in 2008, a Canadian bank said Thursday.
Indian Tata Motors has a car that sells for $2500 NEW. Tata Motors also has a car that runs on compressed air, that will be put into production.
I am not sure there is a lot of autos the US produces that the world wants.
Yes abitarecatania, on autos, consumers have long memories. I had nothing but problems with American cars that I owned. I remember in university a friend bought a brand new US car and in three years she paid as much as the car cost in maintenance, and the car was supposed to be under warranty. She had more problems that someone who buys a vehicle that is 10-15 years old, and she spent more than a buyer of an older vehicle on getting that car constantly fixed.
My US car ownership experiences are 25 years ago and my friend's experiences were 15-20 years ago... North American vehicles are so low on my interest list...
My 19-year-old Honda still hugs the road wonderfully, never leaves me stranded and freaked out because it won't start, or stalls in front of oncoming traffic...
I have owned Hondas for 15 years. The Honda I owned 15 years ago, would probably work today.
Every country in Africa, Asia that I have been to has Toyotas (some Mercedes) everywhere. The Toyota truck and Minivan is very common. Ford and GM should go under and start over.
The US automobil industry seems to have adopted the planned obsolescence, Honda and Toyata did not.