Why are the American Auto makers angry over the foreign cars getting cash for clunkers?
September 1, 2010 by admin
Filed under Automakers
And in fact, foreign automakers — and foreign auto factories — have gained somewhat more from the program than domestic automakers have.
The differences aren’t enormous, but Cash for Clunker buyers have tended, more than auto buyers ordinarily do, to prefer foreign-made cars. Foreign auto makers are ahead. Taxpayers bought foreign cars.
Our tax dollars went overseas . I do not wan tto hear about “OH but those vehicles were built here in the US” . Maybe they were built here, but the profit from them goes out of our country , to another country. That profit is gone , gone from the US economy.
Meanwhile the actual US companies are failing.
It was just wrong.
No one should ahv ebeen allowed to buy foreing makes , nor should anyone been allowed to lease a vehicle with cash for clunkers. That just wasted the money .
American car companies are not angry over C4C. All of them had huge sales increases.
BTW, the differences were not enormous. Ford and Chevy both sold huge numbers of cars. Maybe not as much as Toyota but they still got their share of the pie.
Because thanks to the bailout, they have an even more entitled mentality now- and therefore, having competition is just unfair. They should just be handed the money, handed the customers, and no questions asked.
Our tax dollars went overseas . I do not wan tto hear about “OH but those vehicles were built here in the US” . Maybe they were built here, but the profit from them goes out of our country , to another country. That profit is gone , gone from the US economy.
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What made you think that profit goes anywhere BUT stockholders in the first place?
All the American owners of Toyota stock would call BS on you. IF Toyota was making a profit these days, that is…
You WILL have to hear about those vehicles being made in the USA. That was the point of the C4C idea. Put US autoworkers of every brand back to work.
I will agree otherwise, as this is a horribly inefficient plan, but stop playing corporate accountant. You do not know where money flows.