Originally Posted by terenz
We'll all go down to Chinese labour rates eventually then. The engine for GM's next compact car sold in N. America is made in China, as will increasing no. of auto parts, I'd imagine.
Give it time, and you will see more and more of our "domestic" cars manufactured in China.
I casually peruse the Derosiers report regarding the auto industry, the Big Three are lsoing more and more market share all the time. Many buyers have become numb to all the incentives on offer. It appears to me that more people are willing to pay a little more for quality in an auto that is designed and possibly built outside of NA.
Just wait till the likes of Honda and Toyota make a "real" pick up truck. The Big Three will lose even more of their market share, and their biggest profit centre.
Buzz and his cronies need to pay attention to the shifting market forces.