Here is something to chew on.......
The truth about American made vehicles
Forum Discussion
I take a lot of flack for owning "foreign" vehicles even though they are more "domestic" than many domestics. I was a GM man for years until inheriting my first Toyota. That's when I realized what a fool I was. I finally had a vehicle that didn't depreciate faster than I could pay it off or need a new exhaust, alternator and head gasket like clockwork at 80,000kms. I'm now on my 5th Toyota and have a local built Honda too.
Here's the way I see it. Yes they are foreign owned companies. They built factories here to get past the foreign stigma and help sell vehicles even though it cost more to build. In doing this they created good jobs here, employing thousands while putting millions (billions?) of dollars back into the local economy. I see that as a good thing.
On the other side you have several domestic companies (some now foreign owned) that are building vehicles too but are outsourcing for parts and sending much needed jobs to other countries because it's cheaper. This takes jobs away and money out of the local economy. On top of that they are so poorly managed that they require billions of tax payers dollars to bail them out regularly.
So what's worse? A company whose revenue goes to a foreign state but creates jobs and invests in the local economy? or a domestic company that outsources jobs to other countries, lays off thousands as a result and requires your hard earned money (tax dollars)to stay afloat?
Pretty easy choice in my mind (no matter how small you may think it is :B) Flame away.
Here's the way I see it. Yes they are foreign owned companies. They built factories here to get past the foreign stigma and help sell vehicles even though it cost more to build. In doing this they created good jobs here, employing thousands while putting millions (billions?) of dollars back into the local economy. I see that as a good thing.
On the other side you have several domestic companies (some now foreign owned) that are building vehicles too but are outsourcing for parts and sending much needed jobs to other countries because it's cheaper. This takes jobs away and money out of the local economy. On top of that they are so poorly managed that they require billions of tax payers dollars to bail them out regularly.
So what's worse? A company whose revenue goes to a foreign state but creates jobs and invests in the local economy? or a domestic company that outsources jobs to other countries, lays off thousands as a result and requires your hard earned money (tax dollars)to stay afloat?
Pretty easy choice in my mind (no matter how small you may think it is :B) Flame away.
