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china stepping up presence detroit auto industry
12-27-2013, 11:32 PM #1
j browsing Member
Posts:5,158 Threads:1,098 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:43,023 Threads:1,474 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:5,158 Threads:1,098 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:43,023 Threads:1,474 Joined:Feb 2011
Yes we noticed fatman.gif
12-28-2013, 01:17 AM #5
Screaming Yellow Zonkers Member
Posts:2,706 Threads:265 Joined:Apr 2013
Well this president is allowing China to take over bunches of our industries. Why not cars too.
Ghead. No problem

aaah2.gif
12-28-2013, 01:20 AM #6
j browsing Member
Posts:5,158 Threads:1,098 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 #7
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 #8
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...

(:X



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