Chewy Posted May 3, 2011 Share Posted May 3, 2011 Well it looks like Saab has gone to the Chinese too... That now makes Volvo Chinese owned and Saab backed financially by a Chinese company. I believe Jaguar is East Indian owned. http://www.autoblog.com/2011/05/02/saab-saddles-up-with-chinese-automaker-hawtei/ Just a buyer beware... I don't get warm fuzzies from Saab right now. Link to comment Share on other sites More sharing options...
musclejunkie Posted May 3, 2011 Share Posted May 3, 2011 So what is the "shocker"? My Mustang transmission was built in China. Noone seems to care, look at Walmart. Noone cares until they lose "their" job, that is. Problem is, corporations are rewarded for the bottom line, even if at the expense of jobs and they blatently do this as the cities their headquarters are located in the USA, crumble around them into third world status. The "worker" is totally blamed for poor profit margins and bad management. The middle class has eroded away to nothing today, after being created originally by Henry Ford and the UAW. Alan Mullaley of Ford took home a $30,000,000 dollar bonus this year, without so much of a cent going back to the workers who have taken a 50% pay cut. He should be hung! And we wonder why this country is in such bad financial shape. I thought Saab was Swedish originally and then Ford had an interest for a while, or am I thinking of some other car company? I think the Chinese own Hummer now too don't they? They also were all the rage at the last Bejing or Sheshang or whatever car show in China. We actually had radio DJ's from WJR in Detroit there all excited about these Chinese cars. And sadly, the Chinese buy more GM cars than Americans. That my friends is the sad reality and pretty much sums up how stupid and selfish our corporations are. Link to comment Share on other sites More sharing options...
BlueGenCoupe Posted May 3, 2011 Share Posted May 3, 2011 Cheaper labor + China = more profit. From a business stand point its a good move, but for our economy, its being destroyed! Link to comment Share on other sites More sharing options...
Chewy Posted May 3, 2011 Author Share Posted May 3, 2011 I just saw that the Chinese company now owns 30% of Saab... Chris Link to comment Share on other sites More sharing options...
fortplainman Posted May 3, 2011 Share Posted May 3, 2011 i have a feeling in less than 10 years china is going to literally own just about a percentage of everything in the world and when it finally gets outta the communism/cheap labor/industrial age with some technology, this world is gona be doomed. Link to comment Share on other sites More sharing options...
3PedalMINI Posted May 3, 2011 Share Posted May 3, 2011 not as bad as China owning our Debt.....wait for the day China Repo's us. Dont laugh, thats a serious comment..sigh Link to comment Share on other sites More sharing options...
MAYBEN Posted May 3, 2011 Share Posted May 3, 2011 this needs to be resolved! China needs to be removed.. Link to comment Share on other sites More sharing options...
Chris@Adams Posted May 3, 2011 Share Posted May 3, 2011 :explode: Link to comment Share on other sites More sharing options...
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