Monday, August 17, 2009

Mexico getting more American job...

The new Fiat Professional logoImage via Wikipedia

Critics of Detroit’s carmakers could play a real game of gotcha with Chrysler. News reports today say the company will build the Fiat 500 subcompact at Chrysler’s plant in Toluca, Mexico, which builds the Chrysler PT Cruiser and Dodge Journey. Since Fiat owns 20% of Chrysler, the Italians can call the shots. Critics of the auto industry bailout and the government’s 8% ownership stake in Chrysler might say that we spent a few billion dollars to save Chrysler and guarantee Mexican jobs. But build that car here and the same critics could say that the government and the United Auto Workers, which owns 55% of Chrysler, swayed management to keep the jobs in the U.S.

Forget all of that. Building the 500 in Mexico makes good business sense. First of all, it’s tough to make a buck on compacts and tiny cars like the 500. With the exception of BMW’s Mini brand, those cars just don’t fetch fat sticker prices. So margins are usually thin. Mexican wages can help. Thanks for the money taxpayers, this will help us get those needed American Jobs. Are these the jobs President Obama is talking about? How bout the stimulus money, only see that going for raises and keeping the government jobs health. These are good paying jobs that our people need and will not receive. Lets see what our people will get: More unemployment, free medical, cash for clunkers.
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1 comment:

  1. If we could get the UAW to keep it in their pants, perhaps we could afford to manufacture autos in the US.

    In the meantime, one of the troubles we have to tackle is how to get some of the bloated unions that discourage work under control.


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