<VV> Costs to build cars

[Sethracer at aol.com]

In a message dated 11/10/2008 10:45:38 A.M. Pacific Standard Time,  
spiessdg at yahoo.com writes:

It is my  understanding that while many Japanese cars are now assembled in 
the U.S.,  approximately 70% of the parts are shipped from Japan.  They are not  
doing us any favors, nor should we expect same.
As far as our government  loaning money to the big(?) 3, be aware that most, 
if not all auto  manufacturing overseas is subsidized by their government.  
That is how  they are able to sell so cheap.


 
It depends on what you mean by subsidized. In almost all other civilized  
countries, health care and retirement health care for the  workers are completely 
paid by the Government. That is an indirect  subsidy. Take those costs out of 
the price of a GM car and we will see who  is competitive. - Seth
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