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Thanks Tom. Unfortunately, your confirmation is my concern as it relates to this post which I assume is focused on opportunities for US dealers. Today's Automotive News referenced the fact that China has surpassed the US in sales and my concern is that GM resources may/will be redirected to where the market -- and the money is! Add in the monetary pressures that I see as a result of our monetizing our debt and I am concerned that GM will forget their birthplace and shift to the one world economy and governance that our present administration is calling for with their transnational policies and priorities to redistribute the/our wealth away from the US to developing countries.
Tom Gorham said:Hi Phil, You made some very valid points and I think all companies realize there is a huge market outside of the USA. And I'm not just talking about Chica but other emerging countries such as India and Brazil. That's one of the reasons I think GM will do well as they have a good start in these countries (especially China). VW is number one in China among imports right now is a true contender. The Japanese are handicapped (as I mentioned before) by history and politics. I've been in china a couple times and there is a lot of animosity toward Japan, and the recent arguments over islands isn't helping. On the other hand, GM is very popular. We recently hosted some managers from Shanghai GM and I was very impressed with how they want to train their dealer body. Whoops, now I'm off the subgect. Sorry...
Philip Zelinger said:Hey Guys, I don't want to change the subject but given the results of the G20 and the trade agreements with South Korea that slapped us on the wrist for devaluing our dollar through monetization of our debt and continued deficit spending combined with the 600 Billion of new monetization of our debt and the current inflation and devaluatiion of the dollar do we really think that the imports won't find a larger market and profit margin selling vehicles elsewhere without suffering the exchange rates? Add to that the increasing costs of imported components in our Domestic vehicles as well as the import vehicless themselves as a result of a devalued dollar with the threat of the EPA forcing an increase in manufactured goods in America even if Cap And Trade isn't passed and do you really think that the Import OEM's won't be impacted?? Again, not changing the subject but they are in business to make money -- not sell cars. Just a thought..
maria zarkadas said:VW
Thanks Tom. Unfortunately, your confirmation is my concern as it relates to this post which I assume is focused on opportunities for US dealers. Today's Automotive News referenced the fact that China has surpassed the US in sales and my concern is that GM resources may/will be redirected to where the market -- and the money is! Add in the monetary pressures that I see as a result of our monetizing our debt and I am concerned that GM will forget their birthplace and shift to the one world economy and governance that our present administration is calling for with their transnational policies and priorities to redistribute the/our wealth away from the US to developing countries.
Tom Gorham said:Hi Phil, You made some very valid points and I think all companies realize there is a huge market outside of the USA. And I'm not just talking about Chica but other emerging countries such as India and Brazil. That's one of the reasons I think GM will do well as they have a good start in these countries (especially China). VW is number one in China among imports right now is a true contender. The Japanese are handicapped (as I mentioned before) by history and politics. I've been in china a couple times and there is a lot of animosity toward Japan, and the recent arguments over islands isn't helping. On the other hand, GM is very popular. We recently hosted some managers from Shanghai GM and I was very impressed with how they want to train their dealer body. Whoops, now I'm off the subgect. Sorry...
Philip Zelinger said:Hey Guys, I don't want to change the subject but given the results of the G20 and the trade agreements with South Korea that slapped us on the wrist for devaluing our dollar through monetization of our debt and continued deficit spending combined with the 600 Billion of new monetization of our debt and the current inflation and devaluatiion of the dollar do we really think that the imports won't find a larger market and profit margin selling vehicles elsewhere without suffering the exchange rates? Add to that the increasing costs of imported components in our Domestic vehicles as well as the import vehicless themselves as a result of a devalued dollar with the threat of the EPA forcing an increase in manufactured goods in America even if Cap And Trade isn't passed and do you really think that the Import OEM's won't be impacted?? Again, not changing the subject but they are in business to make money -- not sell cars. Just a thought..
maria zarkadas said:VW
Ford & GM - USA, Hyundai & Kia from Korea would be the major player and see the biggest increase in sales volume in 2011.
Reason : Ford & GM is customer focused now with new models!
Hyundai & Kia are very aggressive in marketing and with latest new models along with more features.
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