M.Dancer Posted December 9, 2008 Report Posted December 9, 2008 Each of the big 3 are in different positions. Unfortunately for all of them, if one goes under, then they'll all go under because it will bankrupt many of their suppliers. Such is life....or a should say, such is business. Quote RIGHT of SOME, LEFT of OTHERS If it is a choice between them and us, I choose us
Vancouver King Posted December 9, 2008 Author Report Posted December 9, 2008 Each of the big 3 are in different positions. Unfortunately for all of them, if one goes under, then they'll all go under because it will bankrupt many of their suppliers. Not sure if Chrysler's ultimatum of taking it's marbles over the border if no Canadian bailout is particularily helpful in view of above poll. An analyst on BNN today says bailout is cash flushed away as all companies will close operations here in favor of low cost Mexican assembly within a decade. Quote When the people have no tyrant, their public opinion becomes one. ...... Lord Lytton
blueblood Posted December 9, 2008 Report Posted December 9, 2008 Not sure if Chrysler's ultimatum of taking it's marbles over the border if no Canadian bailout is particularily helpful in view of above poll. An analyst on BNN today says bailout is cash flushed away as all companies will close operations here in favor of low cost Mexican assembly within a decade. Which is why if we should bail out these dinosaurs, there should be some caveats placed on them. Such as the caveat involving no use of corporate jets. Quote "Stop the Madness!!!" - Kevin O'Leary "Money is the ultimate scorecard of life!". - Kevin O'Leary Economic Left/Right: 4.00 Social Libertarian/Authoritarian: -0.77
Mr.Canada Posted December 10, 2008 Report Posted December 10, 2008 I think Canada should design it's own car and car company. WHy can't Canada design and electric car or some such? We are the only G7 nation that doesn't have a national auto maker. The time has come for Canada to take a leading role. Quote "You are scum for insinuating that isn't the case you snake." -William Ashley Canadian Immigration Reform Blog
M.Dancer Posted December 10, 2008 Report Posted December 10, 2008 I think Canada should design it's own car and car company. WHy can't Canada design and electric car or some such?We are the only G7 nation that doesn't have a national auto maker. The time has come for Canada to take a leading role. The UK no longer has any UK owned car companies. Quote RIGHT of SOME, LEFT of OTHERS If it is a choice between them and us, I choose us
Mr.Canada Posted December 10, 2008 Report Posted December 10, 2008 The UK no longer has any UK owned car companies. Knock it off, you know what I mean Dancer. Doesn't make my idea of a Canadian owned and built auto and automaker bad. Quote "You are scum for insinuating that isn't the case you snake." -William Ashley Canadian Immigration Reform Blog
punked Posted December 10, 2008 Report Posted December 10, 2008 Knock it off, you know what I mean Dancer.Doesn't make my idea of a Canadian owned and built auto and automaker bad. You start it up cause our government is trying to sell off Canadian assets not build them up. Quote
Mr.Canada Posted December 10, 2008 Report Posted December 10, 2008 You start it up cause our government is trying to sell off Canadian assets not build them up. I'm a mouthpiece not an Engineer Quote "You are scum for insinuating that isn't the case you snake." -William Ashley Canadian Immigration Reform Blog
M.Dancer Posted December 10, 2008 Report Posted December 10, 2008 Knock it off, you know what I mean Dancer.Doesn't make my idea of a Canadian owned and built auto and automaker bad. No not bad, just not feasable, just ask the Brits... Quote RIGHT of SOME, LEFT of OTHERS If it is a choice between them and us, I choose us
Bryan Posted December 10, 2008 Report Posted December 10, 2008 (edited) I think Canada should design it's own car and car company. WHy can't Canada design and electric car or some such?We are the only G7 nation that doesn't have a national auto maker. The time has come for Canada to take a leading role. We have one, although it's still getting off the ground at this time (and working out that pesky battery issue): http://www.zenncars.com/ Perhaps instead of bailing out the big 3, that money should go into an R&D fund for companies like ZENN. Edited December 10, 2008 by Bryan Quote
M.Dancer Posted December 10, 2008 Report Posted December 10, 2008 Perhaps instead of bailing out the big 3, that money should go into an R&D fund for companies like ZENN. That's what venture cap and stock issues are for.... The Zen would be fine for some gulf coast comminities where they allow golf carts on the roads but at 25 mph top speed it's not even pratical for a city, let alone a Canadian city with a Canadian winter (there is that pesky problem of heating when the sole power source is a battery that also has to power the drive train, in a conventional car, heat is a by product.). Quote RIGHT of SOME, LEFT of OTHERS If it is a choice between them and us, I choose us
AngusThermopyle Posted December 10, 2008 Report Posted December 10, 2008 I think Canada should design it's own car and car company. We already did that, it was a miserable failure. Although designed by an American the Bricklin is widely considered to be a Canadian car. Quite An Interesting Story Quote I yam what I yam - Popeye
Jerry J. Fortin Posted December 10, 2008 Report Posted December 10, 2008 I will suggest that the government be very careful in making this decision. Its tax dollars we are talking about spending, and we know who pays those. Quote
capricorn Posted December 10, 2008 Report Posted December 10, 2008 Seeing as all the taxes presently paid by taxpayers are already earmarked for specific programs and the treasury is running close to deficit, any bailout in any sector would result in increasing income tax. That's the reality. Quote "We always want the best man to win an election. Unfortunately, he never runs." Will Rogers
normanchateau Posted December 10, 2008 Report Posted December 10, 2008 If the December 9, 2008 Angus-Reid data hold up in subsequent polls, Ignatieff will pull votes away from Conservatives, NDP and Green voters. "If a federal election were held tomorrow, which one of the following parties would you be most likely to support in your constituency?" With Dion as Liberal leader: Conservative 42% Liberal 22% NDP 18% BQ 10% Green 7% Other 1% With Ignatieff as Liberal leader: Conservatives 38% Liberals 33% NDP 13% BQ 10% Green 6% Other 1% http://www.angus-reid.com/polls/view/32387...rals_in_canada/ Harper's blunder was the best Christmas gift he could have given the Liberals, advancing by five months the time, money, infighting and effort it would have taken for the Liberals to give the leadership inevitably to Ignatieff. Quote
Keepitsimple Posted December 10, 2008 Report Posted December 10, 2008 (edited) While my heart would love to see a Canadian car, as with Dancer....it's unfortunately not feasible. But there is a silver lining in our automotive problems. We have a wealth of skilled workers in Ontario that are very attractive to Japanese and Korean car companies. The succeses of Honda and Toyota can be multiplied with incentives to Nissan, Hyundai, and Kia to put plants in Canada as a North American beach-head. Not surprisingly, the unions will have to be excluded from these initiatives. It may take another 4 or 5 years but I'm hopeful that continuing expansion of non-union import plants will create many thousands of new jobs in Ontario - and in time, the American car-makers will re-structure and develop the right balance between disigning the right cars and providing a flexible workforce that can be properly incentified to allow workers to be the best that they can be. Unions can still play a valuable role but the mentality has to change from protecting every job and maximizing salary and benefits for everyone - regardless of their skill level - to working with companies and employees to provide meaningful careers where workers are compensated for their skill and productivity - not their senority. Edited December 10, 2008 by Keepitsimple Quote Back to Basics
M.Dancer Posted December 10, 2008 Report Posted December 10, 2008 Should be noted that Toyota just opened their Woodstock plant last week. Better for the feds to invest in Toyota than to throw money down the hole at companies that will be dead in 10 years. Quote RIGHT of SOME, LEFT of OTHERS If it is a choice between them and us, I choose us
punked Posted December 10, 2008 Report Posted December 10, 2008 While my heart would love to see a Canadian car, as with Dancer....it's unfortunately not feasible. But there is a silver lining in our automotive problems. We have a wealth of skilled workers in Ontario that are very attractive to Japanese and Korean car companies. The succeses of Honda and Toyota can be multiplied with incentives to Nissan, Hyundai, and Kia to put plants in Canada as a North American beach-head. Not surprisingly, the unions will have to be excluded from these initiatives. It may take another 4 or 5 years but I'm hopeful that coninuing expansion of non-union import plants will create many thousands of new jobs in Ontario - and in time, the American car-makers will re-structure and develop the right balance between disigning the right cars and providing a flexible workforce that can be properly incentified to allow workers to be the best that they can be. Unions can still play a valuable role but the mentality has to change from protecting every job and maximizing salary and benefits for everyone - regardless of their skill level - to working with companies and employees to provide meaningful careers where workers are compensated for their skill and productivity - not their senority. Any skilled workers have the right to unionize. If a plant came here and the workers were not unionized with in a number of years they would be. Quote
OddSox Posted December 10, 2008 Report Posted December 10, 2008 Any skilled workers have the right to unionize. If a plant came here and the workers were not unionized with in a number of years they would be. Umm, Honda has been building cars in Ontario since 1986, and Toyota since 1988. No unions yet... Quote
Jerry J. Fortin Posted December 10, 2008 Report Posted December 10, 2008 You can blame the unions all you want, or not. The sad reality is that the auto market is reliant upon good economies, not bad. Auto purchases are a very big ticket item, second only to mortgages and housing. Banks make lots of money on these items, so my question is why not let the banks with their billions of dollars of profits do the rescue or bailout packages? Would that not be a good investment for them, since they make a lot of money off car companies? If it isn't a good investment for them, how could it be a good investment for the tax paying citizen? Quote
punked Posted December 10, 2008 Report Posted December 10, 2008 Umm, Honda has been building cars in Ontario since 1986, and Toyota since 1988. No unions yet... http://www.thestar.com/Business/article/345924 Anyone has the right to unionize I repeat. Quote
ToadBrother Posted December 10, 2008 Report Posted December 10, 2008 You can blame the unions all you want, or not. The sad reality is that the auto market is reliant upon good economies, not bad. Auto purchases are a very big ticket item, second only to mortgages and housing. Banks make lots of money on these items, so my question is why not let the banks with their billions of dollars of profits do the rescue or bailout packages? Would that not be a good investment for them, since they make a lot of money off car companies? If it isn't a good investment for them, how could it be a good investment for the tax paying citizen? Because the evidence suggests that, despite large cash infusions, the banks are not keen to start lending again. This is the real problem with the American stimulus package, as one British newspaper said, the banks have stopped being banks. We're in a paralysis mode right now. What the automakers basically want is money to pay the rent and stock the cupboards while they pray that this doesn't turn into a the New Depression that some economists are predicting. Quote
White Doors Posted December 10, 2008 Report Posted December 10, 2008 http://www.thestar.com/Business/article/345924Anyone has the right to unionize I repeat. of course they do, he was talking about the other part of your sentence, jackass Quote Those Dern Rednecks done outfoxed the left wing again.~blueblood~
M.Dancer Posted December 10, 2008 Report Posted December 10, 2008 http://www.thestar.com/Business/article/345924Anyone has the right to unionize I repeat. Indeed....and the unions keep losing although they keep trying. Union backs out of vote at Cambridge Toyota plantChris Vander Doelen, Windsor Star Published: Wednesday, March 19, 2008 The International Machinists have withdrawn their bid to hold a Thursday organizing vote at Toyota's Ontario Cambridge assembly plant after learning the work force is larger than they thought. http://www.canada.com/windsorstar/news/sto...8f-543fdb2138aa The thing is, the workers for the most part at Toyota's Cambridge plant have good working conditions good pay and responsive management. All they need do is compare their lot with their unionized breathren in Oakville, Windsor or Oshawa. Quote RIGHT of SOME, LEFT of OTHERS If it is a choice between them and us, I choose us
ToadBrother Posted December 10, 2008 Report Posted December 10, 2008 The thing is, the workers for the most part at Toyota's Cambridge plant have good working conditions good pay and responsive management. All they need do is compare their lot with their unionized breathren in Oakville, Windsor or Oshawa. They've got jobs. That's something that there fellow workers in the Big Three are not so sure of. Watching your neighbors' villages getting burned to the ground makes you somewhat more receptive. Quote
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