It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The 40-billion-rupee ($909 million) plant was slated to open in 2014 and employ around 5,000 workers, Dow Jones Newswires reported, quoting an unnamed official directly involved in the project
Ford has said it is looking to step up global production by 50 percent by 2015 to eight million units and expects Asian markets, particularly India and China, to make up one-third of total sales.
Ford's total investment in India till date is $2 billion.
Shipping costs would leave little room for profit.
Originally posted by ColoradoJens
reply to post by OccamAssassin
No, you are missing my point. If I can get a car manufactured in Japan sent here, why can't I make cars here and ship them there? I can still open distributors in India...
CJ
Originally posted by Kitilani
reply to post by ColoradoJens
Where are they going to sell the cars they build in India?
Originally posted by ColoradoJens
reply to post by OccamAssassin
No, you are missing my point. If I can get a car manufactured in Japan sent here, why can't I make cars here and ship them there? I can still open distributors in India...
CJ
"UAW President Bob King has two things that he's trying to do," said Schwartz. "One is, he's trying to organize the foreign transplants and a strike at Ford would send absolutely the wrong message in that regard. And secondly, he's got the Obama re-election campaign. And Obama was very good to the auto industry in general in '09. And a strike would be a real thumb in the eye in that case. I really can't see a strike at Ford.”
"One is, he's trying to organize the foreign transplants and a strike at Ford would send absolutely the wrong message in that regard.
And secondly, he's got the Obama re-election campaign. And Obama was very good to the auto industry in general in '09.
According to The Heritage Foundation, a conservative think tank, the most dire predictions estimate that 3.3 million service jobs will become outsourced to a foreign country by 2015. However, over the past decade Americans lost 7.71 million jobs each quarter. Outsourcing, therefore, amounts to a tiny fraction of jobs lost in the United States. The group also reported that studies show countries with policies that encourage economic freedom strongly correlate with high per-capita production, and the very nature of outsourcing -- getting more production output from lower production input -- leads to a higher standard of living and more economic growth.
Originally posted by ColoradoJens
This is all well and good, but why can't they be built here? In Detroit?