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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: ild who wrote (261)4/21/2003 9:38:31 AM
From: Perspective  Read Replies (1) of 4905
 
No, not saying Toyota makes Ford transmissions. I must admit that I'm not an expert here, but my impression was that foreign content in cars for sale in the US was very high regardless of nameplate. And most of the Japanese companies have production here. Have you looked at the VIN number on a Honda or Toyota lately? You'll find very few J's on them nowadays, since they are mostly assembled in the US of foreign components.

My impression was that most cars sold in the US have a similar origin - parts made by subcontractors in Korea, China, Japan, then shipped to US and assembled here. The biggest differences are the UAW pressure on price due to non-market labor pricing, the import tarrifs, and who is providing the financing.

Domestic manufacturers face the problem of being the high cost producers thanks to union assembly, coupled with lingering quality image problems, now brought to a crisis due to the collapsing demand. They've given cars to everyone they possibly could, and now people are trying to actually save a little money since the financial market miracle has been proven a sham.

BC
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