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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (108894)	2/24/2010 12:18:49 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 116555

One of the tariff reasons was to promote small cars.. of which the Big Three had few.. so effectively yes.. however.. dunno if it's worked :o) msnbc.msn.com

To: Hawkmoon who wrote (108894)	2/27/2010 10:23:03 AM
From: Dan3	2 Recommendations Read Replies (1) \| Respond to of 116555

Re: The Camaro lists in China for about $117K, and is now discounted to $93K. That's $93K for a car you can buy in the US for under $30K! So if we take $30K as the cost of a nicely-equipped Camaro, and add to that a generous shipping charge of $10K, we have a car for which GM should want to collect about $40K in China. Ocean shipping is extremely efficient and adds a few hundred to the cost of shipping the car. So if it costs $600 to ship the car from Detroit to Miami it costs about $1,100 to ship the car from Detroit to Beijing. Clearly the reason we don't sell more domestically assembled cars in China is the UAW. :-(