It seems the taxpayer bailout of the bankrupt Ford Motor Company has paid off: Ford, once the #1 truck seller in the USA, has come up with a wildly successful new truck.
It is made in Turkey for Ford, and imported. It has been designed to get around US import duties on trucks, those very duties that made trucks wildly profitable for Ford. By putting another row of seats in this very neat little delivery van, it's a car, not a truck. Of course, any biz person is going to take out the extra seats, and use the delivery van as intended. I expect to buy one soon.
Or wait until competitors jump in.
Now if Ford had never received the benefit of huge duties on competitors' trucks, they would not have had such easy, lavish profits, which in turn led to slovenly designed other products. If they maintained a design advantage, there would never have needed to be a taxpayer bailout. Then Ford would not need to take their taxpayer bailout to give it to Turkish workers to make a truck Americans will buy. Hahaha... and GM gave its USA operations, now worthless, to the autoworkers union, and took their bailout money overseas, and overseas, where taxes are lower. hahaha! What are you going to do about it, vote for the other party?
But it is what you want, when you vote for an Obama or McCain or Bush or Gore. Or any republican or democrat running for office, especially any tea party candidate. They will be much worse than what we have now. Remember the Republican 1994 "Contract with America?" hahaha!
Also note, part of the economic decline of USA is our rolling stock is getting smaller and flimsier. USA did tend to over-engineer its products, so maybe this is not bad in a delivery van. But it is coming to food, medicine and housing too. Freedom from subsidies, freedom to contract will save us.
Wednesday, July 28, 2010
Ford Has A Hit In Its Lineup
Posted in business tactics, globalisation, govt regulation by John Wiley Spiers
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment