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Author Topic:   Mitsubishi - 37% owned by DC....only Japanese auto maker to lose $$$$
tangled up in BLUE
Prowler Junkie

Posts: 11086
From: New Castle, Ind
Registered: DEC 2000

posted 04-07-2004 10:50 PM     Click Here to See the Profile for tangled up in BLUE     
.......I must admit I don't understand everything about the auto business, probably don't understand much at all....but I do know what DC is doing to it's customer base locally...one auto plant after another closed in Indiana....cars made in Mexico, money going to Germany and still losing massive $$$ on all fronts after all the consolidations, plant closings and workers dumped.....maybe DC just doesn't "GET IT".....I have been a supporter of Chrysler for as long as I can remember, they have a great history, but I honestly think I have purchased my last DC product EVER.....I have a Ford ordered and am looking at several GM products....I want American made cars made by an American auto manufacturer....I am afraid someday I will go looking for America, and not find it anywhere.......

This message has been edited by tangled up in BLUE on 04-07-2004 at 11:11 PM

YellowFever
unregistered

Posts: 11086
From: New Castle, Ind
Registered: DEC 2000

posted 04-08-2004 09:42 AM           
Remember the little Ford jingle? It's been modified to be up to date.

Have you driven a Ford-Mazda-Volvo-RangeRover-Jaguar-Aston Lately????????

Ford has plants overseas and components in American "assembled" cars comes
from outside the U.S.A.

They are all global my son.



DR PROWLER
Prowler Junkie

Posts: 4079
From: TORONTO,ONTARIO,CANADA
Registered: JUL 2002

posted 04-08-2004 09:49 AM     Click Here to See the Profile for DR PROWLER     
Larry,I couldn't agree more.
They say that a Toyota being built in Canada or U.S.has more American content(even though it's classified as an import)than most Chrysler,Chevrolet etc.
The latest GM acquisition is Daewoo(which went bankrupt)and all these compacts are built and shipped from Korea under the Chevy logo....unbelievable!


MDProwler
Prowler Junkie

Posts: 5250
From: Fallston,MD USA
Registered: JUL 2003

posted 04-08-2004 01:10 PM     Click Here to See the Profile for MDProwler     
Daewoo is going strong. 14th largest business entity on the WORLD! Daewoo USA went bankrupt. But if you own one (as my daughter does) all you need to remember is...It's a Korean car with a GM engine built in Australia by Holden(GM subsiderary)with alot of drivetrain parts available at your local Izuzu dealer.

Whatever happened to calling the local parts store and asking for a distributer cap for "a smallblock Mopar" and no further explination needed?

Aaah, the good ol' days.

------------------
Gary K


DR PROWLER
Prowler Junkie

Posts: 4079
From: TORONTO,ONTARIO,CANADA
Registered: JUL 2002

posted 04-08-2004 01:36 PM     Click Here to See the Profile for DR PROWLER     
quote:
Originally posted by MDProwler:
It's a Korean car with a GM engine built in Australia by Holden(GM subsiderary)with alot of drivetrain parts available at your local Izuzu dealer.




It's becoming United Nations on wheels....
Don't tell me that pretty soon good ol' American apple pie will carry an "imported from Japan" tag on the box!



Chromer
Prowler Junkie

Posts: 2723
From: Denver, Colorado, USA
Registered: DEC 2000

posted 04-08-2004 06:43 PM     Click Here to See the Profile for Chromer     
quote:
Originally posted by tangled up in BLUE:
[

[/B]


Geeezzz...where does tangled get all these wonderful icons..??

Oooopss...I should be talking about Mitsubishis...never mind .....




Steven R. Gary
Prowler Junkie

Posts: 760
From: Mendon, MI 49072
Registered: DEC 2001

posted 04-12-2004 09:53 AM     Click Here to See the Profile for Steven R. Gary     
Hate to tell you but have you purchased a homemade apple pie lately, I think it says made in Mexico, bake in USA. Geeeze


CJ
Prowler Junkie

Posts: 18860
From: Rochester Hills, MI USA
Registered: JUL 2000

posted 04-12-2004 10:13 PM     Click Here to See the Profile for CJ     
Sorry you feel that way, Larry, but I think you would be hard pressed to find an "all american made" car anywhere these days.

There are still a lot of "Americans" who still work for DaimlerChrysler who are trying to make a difference. Chrysler, Dodge and Jeep vehicle quality has continued to improve and actually right now is the best it's ever been. Dealers are independent businesses and unfortunately, there are a lot of poor dealers who give all a bad name. The automotive corporate world is a very complicated one. There are a few who make the decisions for all and they are not always the best ones. However, "we" keep working hard, doing our jobs and trying to make the best of the situation. If you are going to criticize DC.........then criticize all of the auto manufacturers. I was reading an article in our weekend paper about the problems with the structural stability in the roofs of vehicles in roll-over accidents and the serious injuries they can cause. An ex-GM engineer has been trying for a number of years now to expose the truth of GM's position on this issue. Apparantly, he is called upon to testify in many accident/injury cases of victims who have died or been seriously injured...as to the liability he feels that GM has in this issue.

My point is.....if you are going to bash.......at least be equal about it and remember that us "average joes" are still out there working and trying to make a difference and a living.

tangled up in BLUE
Prowler Junkie

Posts: 11086
From: New Castle, Ind
Registered: DEC 2000

posted 04-12-2004 11:34 PM     Click Here to See the Profile for tangled up in BLUE     
..I really am impressed with DC products for the most part....I really like Jeeps, the new HEMI 300 is very impressive automobile, the Magnum looks KOOL on the streets also....I like most of their product line(Neons suck).....my problem is with DC itself.....but I realize they are not the only big manufacturer doing this.....plant closings and plant sales are the concern locally....our town just lost the oldest Chrysler plant in existence, it was SOLD to Metaldyne.....almost 100 years of Maxwell/Chrysler history and thousands of jobs lost in a single sale....Metaldyne workers still do the same jobs, make the same parts, but now make $12 per hour compared to the UAW wages the local economy was used to living on for decades.....but in fairness, other plants have sold or closed besides Chrysler in the area, it is epidemic in central Indiana....I just don't know which is the right way for me to shop at this point in time.....DC is selling their parts plants to non UAW companies to cut costs....they assemble many of their cars in other countries, and the money goes to Germany....a Toyota made in the USA is more American than a Sebring made in Mexico....
...Maybe being a Veteran makes me more aware of this than some, and I do purchase many foreign made objects(knowingly and unknowingly), but always prided myself in owning American built automobiles made by American based companies.....DC doesn't always fill the bill in those areas anymore.....local DC dealers are feeling the plight/backlash of recently displaced DC employees....these people feel sold out and anti Chrysler sentiment is near a frenzy in our town.....dealers locally are cutting back drastically as sales are very slow.....greenslip sales will be off drastically as only DC retirees will still be getting these...people will soon be losing homes and many are just plain leaving their families to work at another DC plant in Ohio/Florida.......this town of 18,000 once had 3 dealerships, now there is one and it is VERY SLOW.....time will tell, but for the local citizens that just had the careers and lives tossed into the gutter, the world concept just means someone in another country has their job for a fraction of the wages and they are not happy.....
...I remember not too long ago Chrysler was screaming "BUY AMERICAN".....if a rookie drove a "foreign" car to the local plant, it was not allowed to park on company ground, and some cars were damaged or destroyed ....never saw a Toyota or Datsun parked in the lot at Chrysler....I pass these lots daily, they are now full of worn out cars of all makes and origins and hardly any DC products, the new workers can't afford the very products they make parts for.....

This message has been edited by tangled up in BLUE on 04-12-2004 at 11:47 PM

Wayne Finch
Prowler Junkie

Posts: 4011
From: Toronto, Canada
Registered: SEP 2000

posted 04-13-2004 09:34 AM     Click Here to See the Profile for Wayne Finch     
Tangled, while it is sad about the plant closing etc, I think the unions have done it to themselves. Around here, the union workers probably make double what they would make anywhere else doing the same job - so if they can't afford their own cars, others certainly can't either. Their short term thinking about ever increasing wages and benefits has driven prices out of control and will continue to make layoffs a necessity. From what I have heard, benefit costs amount to about 45% of wages and I know from people working there, benefits are severly abused. Also, from what I understand, the Big Three's retiree costs including health benefits are now approaching the costs of the current workforce. How are they expected to keep costs in line and compete with the non-union car companies. It is impossible - the long term viability of the industry is in trouble. It reminds me a lot of the US steel industry which is still reeling after 10-15 years of bankruptcies and layoffs. There doesn't seem to be a reasonable "way out" of the mess.

It is sad as I am a "buy North American" fan. No matter where the plants are, my view is to support the companies who have the best interests of North America in mind and that would be the Big Three (okay two and a half).

The strong US dollar over the past 20 years is the only thing that made foreign cars competitive but now that they have plants here, a weakening US dollar won't have quite the reverse impact.

My view is DC still has the best car concepts and are doing their best to keep prices reasonable. The new cars are best in their class and cheaper than alternatives.

Crossfire - good competitor to Boxster, Audi TT, SLK and the cheapest of the bunch

300C - looks good - Car and Driver says it is better than A8 and BMW 7 Series - and wayyyy cheaper



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