I agree that there a good amount of the production that is done outside the US. But rememer that the sales and profits return to the US and are taxed in the US.
Additionally remember that these compnies are mainstays of the average 401k so when ther stocks decline our portfolios take a hit aswell. All of this stuff is interrelated.
I am not pounding my chest saying buy american to be patriotic. The bottom line is that American companies should make great products and if they do Americans will buy them.
I think that American companies are beginning to make really competitive products that are definitely making me rethink the decision to only show up at Honda, Toyota or Nissan when looking for a car.
The Ford Edge very comparable to the NIssan Murana. Is costs way less and has far more financing options. If you are a business owner who has a FIN number you can factory order this for next to nothing specked out the way you want.
My take on ford and Chevy is that they are getting whacked by the Housing market. When contractors adn builders by vehicles they put in orders a year in advance. This is called a factory order. Typically they start arriving in the summer months. I am certain sales numbers are down because factory orders were way down and those who typically cycle their vehicles out on track leases are proably askeing their leasing compnaies to simply recalculate the payments for another year to minimise outgoing cashflow.
Toyota does not have a the same type of fleet program that Ford and Chevy have so were not as impacted by the Housing downturn.
