OT: Auto Sales Pain Summary for March

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Throw China into the mix:

TIANJIN, China — Chinese leaders have adopted a plan aimed at turning the country into one of the leading producers of hybrid and all-electric vehicles within three years, and making it the world leader in electric cars and buses after that.

The goal, which radiates from the very top of the Chinese government, suggests that Detroit’s Big Three, already struggling to stay alive, will face even stiffer foreign competition on the next field of automotive technology than they do today.

“China is well positioned to lead in this,” said David Tulauskas, director of China government policy at General Motors.”

Full Article

[DWCAP]

Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India.

[DWCAP]

Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India.

[DWCAP]

Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India.

[DWCAP]

Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India.

[DWCAP]

Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India.

[Coronita]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India. [/quote]

Think again… I believe a few folks here mentioned the phrase “cash is king”. China has cash while U.S. is in the poor house (and soon to get a lot poorer with the budget proposals).

http://www.autoblog.com/2009/04/02/chinese-buy-delphi-brake-and-suspension-business/

For those that don’t know, this is the company that has several I.P. on the magnetic ride system ….

It will be interesting what happens if GM and when Chrysler enters BK, how things get sliced and diced.

Welcome to the 21st century.

————-

Chinese buy Delphi brake and suspension business

Delphi has reached an agreement to sell off its brake and suspension business. A consortium consisting of Tempo Group, Capital Iron & Steel Co. and the Beijing government will own Beijing West Industries Co. Ltd, a new company that will buy the remaining chassis and brake operations of Delphi. Almost all of Delphi’s brake business has been with GM, but many of those contracts have been re-sourced over the last several years while the company has been under chapter 11 bankruptcy. Recently, the most prominent part of the business has been the magnetic ride system which has been adopted by customers including General Motors and Ferrari. The new Chinese-owned company gets the tooling, intellectual property and some of the factories along with remaining supply contracts. Whether this change helps the business survive and thrive remains to be seen.

[Coronita]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India. [/quote]

Think again… I believe a few folks here mentioned the phrase “cash is king”. China has cash while U.S. is in the poor house (and soon to get a lot poorer with the budget proposals).

http://www.autoblog.com/2009/04/02/chinese-buy-delphi-brake-and-suspension-business/

For those that don’t know, this is the company that has several I.P. on the magnetic ride system ….

It will be interesting what happens if GM and when Chrysler enters BK, how things get sliced and diced.

Welcome to the 21st century.

————-

Chinese buy Delphi brake and suspension business

Delphi has reached an agreement to sell off its brake and suspension business. A consortium consisting of Tempo Group, Capital Iron & Steel Co. and the Beijing government will own Beijing West Industries Co. Ltd, a new company that will buy the remaining chassis and brake operations of Delphi. Almost all of Delphi’s brake business has been with GM, but many of those contracts have been re-sourced over the last several years while the company has been under chapter 11 bankruptcy. Recently, the most prominent part of the business has been the magnetic ride system which has been adopted by customers including General Motors and Ferrari. The new Chinese-owned company gets the tooling, intellectual property and some of the factories along with remaining supply contracts. Whether this change helps the business survive and thrive remains to be seen.

[Coronita]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India. [/quote]

Think again… I believe a few folks here mentioned the phrase “cash is king”. China has cash while U.S. is in the poor house (and soon to get a lot poorer with the budget proposals).

http://www.autoblog.com/2009/04/02/chinese-buy-delphi-brake-and-suspension-business/

For those that don’t know, this is the company that has several I.P. on the magnetic ride system ….

It will be interesting what happens if GM and when Chrysler enters BK, how things get sliced and diced.

Welcome to the 21st century.

————-

Chinese buy Delphi brake and suspension business

Delphi has reached an agreement to sell off its brake and suspension business. A consortium consisting of Tempo Group, Capital Iron & Steel Co. and the Beijing government will own Beijing West Industries Co. Ltd, a new company that will buy the remaining chassis and brake operations of Delphi. Almost all of Delphi’s brake business has been with GM, but many of those contracts have been re-sourced over the last several years while the company has been under chapter 11 bankruptcy. Recently, the most prominent part of the business has been the magnetic ride system which has been adopted by customers including General Motors and Ferrari. The new Chinese-owned company gets the tooling, intellectual property and some of the factories along with remaining supply contracts. Whether this change helps the business survive and thrive remains to be seen.

[Coronita]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India. [/quote]

Think again… I believe a few folks here mentioned the phrase “cash is king”. China has cash while U.S. is in the poor house (and soon to get a lot poorer with the budget proposals).

http://www.autoblog.com/2009/04/02/chinese-buy-delphi-brake-and-suspension-business/

For those that don’t know, this is the company that has several I.P. on the magnetic ride system ….

It will be interesting what happens if GM and when Chrysler enters BK, how things get sliced and diced.

Welcome to the 21st century.

————-

Chinese buy Delphi brake and suspension business

Delphi has reached an agreement to sell off its brake and suspension business. A consortium consisting of Tempo Group, Capital Iron & Steel Co. and the Beijing government will own Beijing West Industries Co. Ltd, a new company that will buy the remaining chassis and brake operations of Delphi. Almost all of Delphi’s brake business has been with GM, but many of those contracts have been re-sourced over the last several years while the company has been under chapter 11 bankruptcy. Recently, the most prominent part of the business has been the magnetic ride system which has been adopted by customers including General Motors and Ferrari. The new Chinese-owned company gets the tooling, intellectual property and some of the factories along with remaining supply contracts. Whether this change helps the business survive and thrive remains to be seen.

[Coronita]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.

If I were a detroit guy, Id be far more worried about a sideswipe coming from either Korea or India. [/quote]

Think again… I believe a few folks here mentioned the phrase “cash is king”. China has cash while U.S. is in the poor house (and soon to get a lot poorer with the budget proposals).

http://www.autoblog.com/2009/04/02/chinese-buy-delphi-brake-and-suspension-business/

For those that don’t know, this is the company that has several I.P. on the magnetic ride system ….

It will be interesting what happens if GM and when Chrysler enters BK, how things get sliced and diced.

Welcome to the 21st century.

————-

Chinese buy Delphi brake and suspension business

Delphi has reached an agreement to sell off its brake and suspension business. A consortium consisting of Tempo Group, Capital Iron & Steel Co. and the Beijing government will own Beijing West Industries Co. Ltd, a new company that will buy the remaining chassis and brake operations of Delphi. Almost all of Delphi’s brake business has been with GM, but many of those contracts have been re-sourced over the last several years while the company has been under chapter 11 bankruptcy. Recently, the most prominent part of the business has been the magnetic ride system which has been adopted by customers including General Motors and Ferrari. The new Chinese-owned company gets the tooling, intellectual property and some of the factories along with remaining supply contracts. Whether this change helps the business survive and thrive remains to be seen.

[Diego Mamani]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.[/quote]

What you wrote was also true of Japan and Japanese products in the 1950s and 1960s. We know how that turned out in the end…

[Diego Mamani]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.[/quote]

What you wrote was also true of Japan and Japanese products in the 1950s and 1960s. We know how that turned out in the end…

[Diego Mamani]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.[/quote]

What you wrote was also true of Japan and Japanese products in the 1950s and 1960s. We know how that turned out in the end…

[Diego Mamani]

[quote=DWCAP]Considering China’s current track record I wouldnt be too worried about China taking over everything like they seem to be planning. Their food sucks, their drugs suck, their toys suck, their high tech sucks or is just a ripoff that would be sued so fast it wouldnt be funny. China is good at making lots of cheap stuff that is disposable. Itll break in a year, but who cares it was dirt cheap and served its purpose. This will not bode will for a large purchase like a car, not matter how ambishious their buisness men are.[/quote]

What you wrote was also true of Japan and Japanese products in the 1950s and 1960s. We know how that turned out in the end…

[Author]

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