... And risk sharing!
18%? Where can I buy a $7100 vehicle? Tata India?
GM's previous management was great at taking risks, assuming consumers would buy massive SUV's perpetually.
When is Tata going to make a 1/2t? Or should I keep my bail out free 2012 F150?
Yessiree. Union made and bail out free.2012 Ford 1/2 ton, eh?
Petros brings up a good point on this. Why can Tata build and sell a car for $2,500 (I believe that this is the price for their cheap model) and that would not even come close to the cost of materials & installation of the interior of a Ford or GM?
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Didn't you know? It's cheaper to hire robots in India.If you have looked at that Tata car, you would see how it's done. It's a piece of garbage that couldn't possibly meet North American safety standards. It's everything you would expect a $2,500 car to be.
People still are buying SUV's.. But understand that the risk exposure gets bigger and bigger as the costs increase.
Petros brings up a good point on this. Why can Tata build and sell a car for $2,500 (I believe that this is the price for their cheap model) and that would not even come close to the cost of materials & installation of the interior of a Ford or GM?
North American mfgrs aren't competing directly with Tata, but the principle exists in terms of competition with Honda, Hyundia, Toyota, etc... If Petros wants "good old fashioned profit sharing", he had better be prepared to accept his share of good old fashioned risk as well as contribute a good old fashioned effort in representing fair inputs and productivity.
GM's previous management was great at taking risks, assuming consumers would buy massive SUV's perpetually.
You can buy a Jaguar from them apparently but I don't see anything for their TATA line of cars in Canada.
When are the next bail outs scheduled so they can buy a ship or two to send them on over?You can buy a Jaguar from them apparently but I don't see anything for their TATA line of cars in Canada.
When are the next bail outs scheduled so they can buy a ship or two to send them on over?
Yes they are. It's nice to know Canadian metals can be shipped clear across the globe for robots in India to make cars.I think Tata is getting handouts for their iron ore mines in Labrador now.
You can buy a Jaguar from them apparently but I don't see anything for their TATA line of cars in Canada.
I'm not suggesting that Tata cars are suitable (safety or practically) for Canada, but the question remains, why is there such a divide in the costs?
Answer that question and you can pass it along to Petros who is questioning why the N. American mfgrs are looking to India for the ops.
Robots are cheaper to run in India. Didn't you know that?I'm not suggesting that Tata cars are suitable (safety or practically) for Canada, but the question remains, why is there such a divide in the costs?