#Login Register

  • 2 Vote(s) - 4.5 Average

china stepping up presence detroit auto industry
12-27-2013, 11:32 PM #1
j browsing Member
Posts:4,884 Threads:1,097 Joined:Jul 2012
While the US automotive industry continues to rebound after its near collapse from the financial crisis few years back, China is quietly expanding its presence in the Detroit-based market. Encouraged by the low price of real estate and the high level of advanced engineering talent, dozens of Chinese auto companies and suppliers are opening plants and offices in and around the Motor City, where they hope to one day sell cars to US buyers

So far, the emphasis has been on the supply chain, but automotive experts and Michigan Gov. Rick Snyder ® hope that continued investment in the area will lead to much more, and they envision Chinese companies playing a big role in helping the city flourish after it emerges from its Chapter 9 bankruptcy restructuring, which got under way this year.

“They [the Chinese firms] want to be more global over time, so they need to look at North America. And if they’re looking at North America, this is the place to come,” Governor Snyder told reporters earlier this yearhttp://www.csmonitor.com/USA/2013/1225/W...o-industry

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
12-27-2013, 11:36 PM #2
Octo Mother Superior
Posts:40,962 Threads:1,544 Joined:Feb 2011
Surprising to hear there are still businesses worth buying in Detroit bob.gif

Money is money.
12-27-2013, 11:37 PM #3
j browsing Member
Posts:4,884 Threads:1,097 Joined:Jul 2012
there is a lot of real estate also..dirt cheap chuckle.gif

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
12-27-2013, 11:44 PM #4
Octo Mother Superior
Posts:40,962 Threads:1,544 Joined:Feb 2011
Yes we noticed fatman.gif
12-28-2013, 01:20 AM #5
j browsing Member
Posts:4,884 Threads:1,097 Joined:Jul 2012
I wonder how china feels about the UAW chuckle.gif

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
Anonymous Kritter Show this Post
12-28-2013, 09:10 AM #6
Anonymous Kritter Incognito Anonymous
ironic i noticed the other day i don't know too many china autos, but from makers of things that fall apart we are in for a long haul as we sell our land and cities to china for owed debt as we see here, Thanks politicians for not budgeting a goddamn thing and letting communist china move onto our soil you guys are as dumb as you look and then some, i promise! Amazing how the crack and cocaine 70's and 80's and up corrupted wall street, the agencies fighting a war while bringing it onto its own streets, while allowing everything else to go wrong also and blaming the little guy for being brainwashed to get suckered to believe in the lies! And then some. I quit your on your own now get some other being to fight your pansy wars!
12-28-2013, 10:10 AM #7
Softy Incognito Anonymous
The Chinese are already producing cars that meet the European

emission standards,,,which are tougher than the US emission standards,,,

the one car show looked like a Nissian Ultima,,,under the hood,,,

it looked pretty much the same,,,now hard to tell the real quality by

looking,,,but it looked good,,,they said they could sell it for 9,000 dollars,,,

that is a lot cheaper,,,and the Chinese will be a real competitor in the future,,,

now kinda like the textile industry in the US,,,the unions,,,and the

politicians will try to keep it alive,,,by subsidy or whatever,,,but will fail,,,

got to save them jobs you know,,,this has started with the bailout of

the automotive industry,,,it will keep things going for a time,,,but

it will fail,,,the question will be if the taxpayers will end up paying the

pensions of the UAW autoworkers,,,with the bailout this has already

started to some extent,,,yeah I know,,,Debbie downer,,,but there it is,,,

not sure exactly how the Japanese and Germans will deal with this,,,

but someone better start figuring out what to do for quality jobs,,,

instead of just appeasing voters...




DISCLAIMER / Terms of Service (TOS):
Kritterbox.com - Socialize anonymously, commentary, discussion, oddities, technology, music and more!  This website is provided "as is" without warranty of any kind, either expressed or implied. kritterbox.com shall not be liable for any damages whatsoever, including, without limitation, those resulting from loss of use, data or profits, whether or not advised of the possibility of damage, and on any theory of liability, arising out of or in connection with the use or performance of this site or other documents which are referenced by or linked to this site.
This website exists solely for the purposes of exchange of information, communication and general entertainment. Opinions from posters are in no way endorsed by kritterbox.com. All posts on this website are the opinion of the authors and are not to be taken as statements of fact on behalf of kritterbox.com. This site may contain coarse language or other material that kritterbox.com is in no way responsible for. Material deemed to be offensive or pornographic at the discretion of kritterbox.com shall be removed. kritterbox.com reserves the right to modify, or remove posts and user accounts on this website at our discretion. kritterbox.com disclaims all liability for damages incurred directly or indirectly as a result of any material on this website. Fictitious posts and any similarity to any person living or dead is coincidental.
All users shall limit the insertion of any and all copyrighted material to portions of the article that are relevant to the point being made, with no more than 50%, and preferably less of the original source material. A link shall be visible in text format, embedded directly to the original source material without exception.
No third party links, i.e. blogs or forums will be accepted under any circumstances, and will be edited by staff in order to reflect the original source of copyrighted material, or be removed at the sole discretion of kritterbox.com.
Fair Use Notice:
This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. Users may make such material available in an effort to advance awareness and understanding of issues relating to economics, individual rights, international affairs, liberty, science, and technology. This constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C.Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for educational and/or research purposes.
This Disclaimer is subject to change at any time at our discretion.
Copyright © 2011 - 2017 kritterbox.com