Well it looks as if all those United States High Paying Auto Maker Jobs are leaving the country again. Why so fast this time? Well US Auto Makers will need to be buying parts from other countries to compete for price and profits. Where will they be buying these parts from? Well China of course. You see, the quality of Chinese parts is increasing and starting to meet demand of the market. DaimlerChrysler announced they will be buying parts there. This means that General Motors and Ford Motor Company will either need to ramp up part-making in Mexico to compete for cost and prices for parts. Chinese have scandalously stolen US auto part patents in the past and have had a field day in US markets and yet now they are attempting to go legit and most auto makers will be taking all this very seriously. It seems that both General Motors and Delphi employees made a huge mistake with strikes and now those 150,000 job losses could turn into several hundred thousand more before this is all through. Yet many investors say that is okay, because Chinese Markets are opening up and there is more to sell there too. Indeed but how much of that will be made in the United States and how much will be made in country. Things are changing rapidly and China even with their power issues, slow boats to move products and future Industrial Revolution seems to understand free markets much better than many US Union Bosses. Consider all this in 2006. |
