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Started By
Message
re: BMW "not budging" on Mexican plant
Posted on 1/16/17 at 2:39 pm to texag7
Posted on 1/16/17 at 2:39 pm to texag7
quote:
Their interiors haven't changed in years. Mercedes and Audi both shite on BMW
Audi is a shitshow. Terribly unreliable and outrageous to work on. Merc is too focused on attracting a low income market with cars starting in the $25,000 range.
quote:
texag7
Probably drives a Prius.
0
Posted on 1/16/17 at 2:39 pm to Cruiserhog
quote:
Donald Trump is an idiot and continues to prove he has no idea wtf he is doing.
That's why multiple companies are getting behind him to MAGA and cancel factories abroad and invest in the US.
There's going to come a point where it's going to be so obvious that what Trump is doing is good for Americans that anyone who tries to deny it will clearly be delusional or an idiot.
Posted on 1/16/17 at 2:41 pm to russellvillehog
He probably doesnt even know that BMW is German. The dude is a retard who got fat off of daddy's $$
Posted on 1/16/17 at 2:43 pm to Tigerdev
quote:
He probably doesnt even know that BMW is German. The dude is a retard who got fat off of daddy's $$
Posted on 1/16/17 at 2:43 pm to BobBoucher
That's probably more about tax policy than threatened tariffs, but I could be wrong.
Posted on 1/16/17 at 2:45 pm to Lou Pai
quote:
I don't think he is, but you're kidding yourself if you think you will elicit an earnest discussion outside of Twitter-friendly talking points.
I just don't get it. If people actually think Trump is going to make a serious reversal in American manufacturing employment and opportunity, then they have something else coming. It's kind of like the flip side of all those SJWs who think "literally Hitler" all the time that think he's going to round up Mexicans and Muslims and put them in concentration camps. It just isn't going to happen. He'll get a few nice publicity wins with companies that were already planning on certain strategic decisions that kept them in the U.S. (hello, Ford), but otherwise, it will mostly be for naught. Tech innovation is too rapid; supply chains are way too global (quick, which country produces the iPhone?); and market pressure is far too significant in an economy as large as ours. It's like pissing in the wind, and I don't get it.
In auto manufacturing in particular, Mexico wins more because it's an assembly plant-friendly country than because of labor (though that helps, especially not having to deal with the UAW). I bet not 25% of the parts for most of the auto assembly plants down there are actually from Mexico (most are from the U.S., in fact, though that's changing a bit). Mexico has 26 different free trade agreements and knows well what their comparative advantage is. It's an easy country in which to do business in certain sectors.
Posted on 1/16/17 at 2:47 pm to Tigerdev
quote:
He probably doesnt even know that BMW is German. The dude is a retard who got fat off of daddy's $$
He should have just bought an index fund. Or been like Warren Buffett. Dividends are great, so great I don't pay them. Derivatives are evil, except when I use them for a lower entry point. Precious metals are bad, let's not let BRK shareholders know I lost my arse in the silver future's market.
Or he could have chose a less honorable path. Employing people and helping them provide for their families.
But whatever. You will never get that. You're not alone, several alleged "conservatives:" on here share this false thinking with you. Probably never took a financial risk larger than buying a home in your entire life. And certainly have no idea what it is like to have a bad year, lose money, and still give employees pay raises.
Posted on 1/16/17 at 2:49 pm to AbuTheMonkey
Agree, Trump is intelligently going after the low hanging fruit for good publicity. We'll save some American factory jobs here and there, but it's an exercise in futility. Robot technology is expanding rapidly. I went to the BMW plant in Munich a few years ago. Barely any humans touch the car when it's being built.
Posted on 1/16/17 at 2:49 pm to Iowa Golfer
Except my family and i own a business with over 50 employees 
Posted on 1/16/17 at 2:50 pm to joshnorris14
(no message)
Posted on 1/16/17 at 2:51 pm to Tigerdev
Then how possibly can you fault him for building a business rather than taking the easy way out?
Seriously, find a policy issue to hate on him for, this criticism about him getting some of his father's money is ridiculous.
Seriously, find a policy issue to hate on him for, this criticism about him getting some of his father's money is ridiculous.
Posted on 1/16/17 at 2:52 pm to TejasHorn
This isn't even an American company, so why do we care?
Posted on 1/16/17 at 2:53 pm to cahoots
quote:
Robot technology is expanding rapidly.
Please tell me how many jobs are going to disappear within the next 4 years?
You must be reading /r/Futurology.
quote:
I went to the BMW plant in Munich a few years ago. Barely any humans touch the car when it's being built.
I'm pretty sure that will still be the case with the automotive companies in the U.S.. Also, this is in GERMANY.
Posted on 1/16/17 at 2:54 pm to Iowa Golfer
You misunderstand me. I am attacking the notion that he is some sort of business genius because he grew a company with a loan from his rich father at a rate akin to an unmanaged mutual fund. We are so fricked
Posted on 1/16/17 at 2:54 pm to cahoots
The only BMWs worth owning are hand built
Posted on 1/16/17 at 2:58 pm to tiggerthetooth
quote:
Please tell me how many jobs are going to disappear within the next 4 years?
You must be reading /r/Futurology.
Like, car plant jobs or what?
Posted on 1/16/17 at 3:04 pm to Tigerdev
I think the rate of growth has been a bit better than an unmanaged fund. Notwithstanding all of the articles, based on mostly nothing, about Trump doing better in an index fund. Elizabeth had holdings of below $500K in more recent dollars. Fred built it.
Don took over in 1971.
Neither here nor there. I looked at some of the history prior to the Iowa caucuses, including the causes of the Atlantic City failures. He is neither as incompetent as you might wish, or as much of a self made man that others might wish. He has borrowed a lot of money, and has largely paid most of that back.
Don took over in 1971.
Neither here nor there. I looked at some of the history prior to the Iowa caucuses, including the causes of the Atlantic City failures. He is neither as incompetent as you might wish, or as much of a self made man that others might wish. He has borrowed a lot of money, and has largely paid most of that back.
Posted on 1/16/17 at 3:04 pm to joshnorris14
quote:
quote:
has been negotiated off and on for like eight years. NAFTA took four years the first time around, and that was with everyone on the same page.
Bureaucrats aren't known for their record setting pace.
Do you think that's going to be different with Trump? Dealing with the Mexican and Canadian bureaucracies and legislators? With a Congress in which most of voters are still heavily pro-free trade and NAFTA?
quote:
What exactly do you think they want to re-negotiate?
They are likely eager to put in safe guards to limit Trump's leverage. They already know of his plan to tax remittances. An industry that sends $25B to Mexico annually. Trump has already caused several businesses to withdraw from completing and developing manufacturing plants in Mexico.
Not really. Companies don't make strategic decisions like that on a whim. They've been planning these things for months or years and decided to give the president a bit of good publicity because it never hurts, but they aren't changing their core direction.
quote:
quote:
If they concede on manufacturing (which would be stupid), we are going to concede elsewhere. Why?
It signals to others willingness to negotiate and will politically be very popular.
Again, what happens to our agricultural sector? That's what is really going to get killed if we start pushing around tariffs.
This post was edited on 1/16/17 at 3:06 pm
Posted on 1/16/17 at 3:08 pm to AbuTheMonkey
quote:
Do you think that's going to be different with Trump?
Yes
quote:
Not really. Companies don't make strategic decisions like that on a whim.
Carrier was in the middle of building their Mexican plant. You think they seriously were planning to abandon their plans midway?
quote:
Again, what happens to our agricultural sector?
Nothing, there aren't going to be any significant tariffs
Posted on 1/16/17 at 3:08 pm to Iowa Golfer
He inherited wealth and grew it at a reasonable rate. Not taking that away... But nothing spectacular compared to true american success stories.
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