But let's not all do the guess job here, who knows the next major automotive facing problems might be japanese or…. the Ps..

Since when was the US market a level playing field? Honda, Nissan and Toyota got to have a factory in the US to be able to sell their stuff cheap and not being labeled as dumping.

Neither is the UK market too. What do you think VAT is about? It would cost 3 times as much in the UK to buy a Corvette Z08 or a Mustang. All major companies have factories in Europe to be able to sell their stuff. That or risk being prosecuted for unfair trading practice.

Wake up dudes, they are pulling a fast one on us. They expect us to open our market while they protect theirs. Our perception of the world economy has always been favouring theirs. Finish yout textbook economics and live in the real world.

December 1, 2008 @ 1:00 pm

“So we can’t do it? It would be stupid not too.”

People have a level playing field and fail, so they require bailout. On the other hand WE have an import tax system heavily skewed to protect the local car company, and they STILL fail and require bailout, you have to ask yourself, wtf are they doing?

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in case you've had your head buried in the sand for the last 3 years and havent been reading the news.. the local car company you're talking about hasnt failed, but in fact has been credited with making a comeback from the brink. the critical part now will be the future, as whatever protection they have now(not much left if you really look at it) disappears in the next couple of years. good thing is, they are targetting the export market very aggresively, and this forces them to fight head on with foreign makes.. if they can succeed there, it will only teach them how to survive for the long term.

People have a level playing field and fail, so they require bailout. On the other hand WE have an import tax system heavily skewed to protect the local car company, and they STILL fail and require bailout, you have to ask yourself, wtf are they doing?

Dudes,

Its a contradiction. You heard every country committing to not applying protectionist measures to fight the financial crisis. Yet the great US of A wants to save their own industry. Before this it was CAFE. Bailing out means injecting capital into the companies and eventually increasing its competitiveness. It is protectionist measures. Protecting them from the reality that their cars suck (ehem…except for Corvettes).

For all that matters, they will have to save them. Congress wants to see where that money goes to. They want to see development on products and better cost efficient manufacturing. They don't want to see it going into plugging holes while top executives don't feel a pinch.

Its a matter of time that you will see the Japanese doing it, the Italians and the French doing it. So we can't do it? It would be stupid not too.

Like wise will someone big in Malaysia say to some Malaysian car manufacturer "Puk*! I tak nak bantu lagi, dan main bontot, kat rumah, dan U bazirkan wang tu!"