Home › Forums › Financial Markets/Economics › Time for Jeff Bridges to dump Hyundai
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June 13, 2009 at 8:59 AM #415802June 13, 2009 at 9:28 AM #415087alarmclockParticipant
back of envelope calculations
seoul, south kr -> long beach, ca = 6000 miles
inland barge offers 514 ton-miles / gallon of fuel (http://www.arc.gov/index.do?nodeId=2571)hyundai elantra curb weight = 2522 lbs = 1.25 tons
assuming a panamax or cape sized cargo ship gets roughly same eff as a barge (??), then it required 14.6 gallons of fuel to ship an elantra here. If a cargo ship is 25% as efficient as a barge, then it only cost 60 gallons of fuel to get it to long beach.
June 13, 2009 at 9:28 AM #415327alarmclockParticipantback of envelope calculations
seoul, south kr -> long beach, ca = 6000 miles
inland barge offers 514 ton-miles / gallon of fuel (http://www.arc.gov/index.do?nodeId=2571)hyundai elantra curb weight = 2522 lbs = 1.25 tons
assuming a panamax or cape sized cargo ship gets roughly same eff as a barge (??), then it required 14.6 gallons of fuel to ship an elantra here. If a cargo ship is 25% as efficient as a barge, then it only cost 60 gallons of fuel to get it to long beach.
June 13, 2009 at 9:28 AM #415582alarmclockParticipantback of envelope calculations
seoul, south kr -> long beach, ca = 6000 miles
inland barge offers 514 ton-miles / gallon of fuel (http://www.arc.gov/index.do?nodeId=2571)hyundai elantra curb weight = 2522 lbs = 1.25 tons
assuming a panamax or cape sized cargo ship gets roughly same eff as a barge (??), then it required 14.6 gallons of fuel to ship an elantra here. If a cargo ship is 25% as efficient as a barge, then it only cost 60 gallons of fuel to get it to long beach.
June 13, 2009 at 9:28 AM #415650alarmclockParticipantback of envelope calculations
seoul, south kr -> long beach, ca = 6000 miles
inland barge offers 514 ton-miles / gallon of fuel (http://www.arc.gov/index.do?nodeId=2571)hyundai elantra curb weight = 2522 lbs = 1.25 tons
assuming a panamax or cape sized cargo ship gets roughly same eff as a barge (??), then it required 14.6 gallons of fuel to ship an elantra here. If a cargo ship is 25% as efficient as a barge, then it only cost 60 gallons of fuel to get it to long beach.
June 13, 2009 at 9:28 AM #415807alarmclockParticipantback of envelope calculations
seoul, south kr -> long beach, ca = 6000 miles
inland barge offers 514 ton-miles / gallon of fuel (http://www.arc.gov/index.do?nodeId=2571)hyundai elantra curb weight = 2522 lbs = 1.25 tons
assuming a panamax or cape sized cargo ship gets roughly same eff as a barge (??), then it required 14.6 gallons of fuel to ship an elantra here. If a cargo ship is 25% as efficient as a barge, then it only cost 60 gallons of fuel to get it to long beach.
June 13, 2009 at 9:56 AM #415098Rt.66Participant[quote=flu]BTW: Conveniently inaccurate for purposes of your argument…Try again.
Welcome to Alabama 2009
“HYUNDAI MOTOR MANUFACTURING ALABAMA, LLC
Welcome to Hyundai Motor Manufacturing Alabama, LLC (HMMA), Hyundai’s first assembly and manufacturing plant in the United States. This $1.4 billion automotive plant is one of the most advanced assembly plants in North America.HMMA currently provides employment for more than 2,700 people who are building Hyundai’s 2009 Sonata sedan and 2009 Santa Fe sport utility vehicle (SUV) at the Hyundai Alabama plant.”
[/quote]2700 jobs huh? Big deal, we’ve been losing that many jobs in US factories every few months for 10 years and now we lose that many every week (or is it everyday?). SO foreign companies throw us a little bone, give us a few jobs and its cool to send our money to their country and to buy all those Hyundais still built in Korea.
It’s hard to get exact figures but from what I can tell from various Hyundai press releases they sell somewhere around 500,000 cars here and they only have capacity to build 100,000 in the USA (from mostly Korean parts). So whoopee! 400,000 of those cars that you good American consumers buy are still built in Korea.
And 100% of the profit from all 500,000 go to improving Korea’s economy.
June 13, 2009 at 9:56 AM #415337Rt.66Participant[quote=flu]BTW: Conveniently inaccurate for purposes of your argument…Try again.
Welcome to Alabama 2009
“HYUNDAI MOTOR MANUFACTURING ALABAMA, LLC
Welcome to Hyundai Motor Manufacturing Alabama, LLC (HMMA), Hyundai’s first assembly and manufacturing plant in the United States. This $1.4 billion automotive plant is one of the most advanced assembly plants in North America.HMMA currently provides employment for more than 2,700 people who are building Hyundai’s 2009 Sonata sedan and 2009 Santa Fe sport utility vehicle (SUV) at the Hyundai Alabama plant.”
[/quote]2700 jobs huh? Big deal, we’ve been losing that many jobs in US factories every few months for 10 years and now we lose that many every week (or is it everyday?). SO foreign companies throw us a little bone, give us a few jobs and its cool to send our money to their country and to buy all those Hyundais still built in Korea.
It’s hard to get exact figures but from what I can tell from various Hyundai press releases they sell somewhere around 500,000 cars here and they only have capacity to build 100,000 in the USA (from mostly Korean parts). So whoopee! 400,000 of those cars that you good American consumers buy are still built in Korea.
And 100% of the profit from all 500,000 go to improving Korea’s economy.
June 13, 2009 at 9:56 AM #415592Rt.66Participant[quote=flu]BTW: Conveniently inaccurate for purposes of your argument…Try again.
Welcome to Alabama 2009
“HYUNDAI MOTOR MANUFACTURING ALABAMA, LLC
Welcome to Hyundai Motor Manufacturing Alabama, LLC (HMMA), Hyundai’s first assembly and manufacturing plant in the United States. This $1.4 billion automotive plant is one of the most advanced assembly plants in North America.HMMA currently provides employment for more than 2,700 people who are building Hyundai’s 2009 Sonata sedan and 2009 Santa Fe sport utility vehicle (SUV) at the Hyundai Alabama plant.”
[/quote]2700 jobs huh? Big deal, we’ve been losing that many jobs in US factories every few months for 10 years and now we lose that many every week (or is it everyday?). SO foreign companies throw us a little bone, give us a few jobs and its cool to send our money to their country and to buy all those Hyundais still built in Korea.
It’s hard to get exact figures but from what I can tell from various Hyundai press releases they sell somewhere around 500,000 cars here and they only have capacity to build 100,000 in the USA (from mostly Korean parts). So whoopee! 400,000 of those cars that you good American consumers buy are still built in Korea.
And 100% of the profit from all 500,000 go to improving Korea’s economy.
June 13, 2009 at 9:56 AM #415660Rt.66Participant[quote=flu]BTW: Conveniently inaccurate for purposes of your argument…Try again.
Welcome to Alabama 2009
“HYUNDAI MOTOR MANUFACTURING ALABAMA, LLC
Welcome to Hyundai Motor Manufacturing Alabama, LLC (HMMA), Hyundai’s first assembly and manufacturing plant in the United States. This $1.4 billion automotive plant is one of the most advanced assembly plants in North America.HMMA currently provides employment for more than 2,700 people who are building Hyundai’s 2009 Sonata sedan and 2009 Santa Fe sport utility vehicle (SUV) at the Hyundai Alabama plant.”
[/quote]2700 jobs huh? Big deal, we’ve been losing that many jobs in US factories every few months for 10 years and now we lose that many every week (or is it everyday?). SO foreign companies throw us a little bone, give us a few jobs and its cool to send our money to their country and to buy all those Hyundais still built in Korea.
It’s hard to get exact figures but from what I can tell from various Hyundai press releases they sell somewhere around 500,000 cars here and they only have capacity to build 100,000 in the USA (from mostly Korean parts). So whoopee! 400,000 of those cars that you good American consumers buy are still built in Korea.
And 100% of the profit from all 500,000 go to improving Korea’s economy.
June 13, 2009 at 9:56 AM #415817Rt.66Participant[quote=flu]BTW: Conveniently inaccurate for purposes of your argument…Try again.
Welcome to Alabama 2009
“HYUNDAI MOTOR MANUFACTURING ALABAMA, LLC
Welcome to Hyundai Motor Manufacturing Alabama, LLC (HMMA), Hyundai’s first assembly and manufacturing plant in the United States. This $1.4 billion automotive plant is one of the most advanced assembly plants in North America.HMMA currently provides employment for more than 2,700 people who are building Hyundai’s 2009 Sonata sedan and 2009 Santa Fe sport utility vehicle (SUV) at the Hyundai Alabama plant.”
[/quote]2700 jobs huh? Big deal, we’ve been losing that many jobs in US factories every few months for 10 years and now we lose that many every week (or is it everyday?). SO foreign companies throw us a little bone, give us a few jobs and its cool to send our money to their country and to buy all those Hyundais still built in Korea.
It’s hard to get exact figures but from what I can tell from various Hyundai press releases they sell somewhere around 500,000 cars here and they only have capacity to build 100,000 in the USA (from mostly Korean parts). So whoopee! 400,000 of those cars that you good American consumers buy are still built in Korea.
And 100% of the profit from all 500,000 go to improving Korea’s economy.
June 13, 2009 at 10:29 AM #415112CoronitaParticipantdeleted… (no point feeding a troll).
June 13, 2009 at 10:29 AM #415352CoronitaParticipantdeleted… (no point feeding a troll).
June 13, 2009 at 10:29 AM #415607CoronitaParticipantdeleted… (no point feeding a troll).
June 13, 2009 at 10:29 AM #415675CoronitaParticipantdeleted… (no point feeding a troll).
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