Quote:
Originally Posted by Craig
Here's a link:
http://www.financialnewsusa.com/news/ford-expects-to-sell-volvo
Hopefully this will give the volvo brand a chance to survive.
I assume china and india will be the major supplier of consumer (cheap) cars in the coming decades. After the death of detroit, japan and korea took over; but they will not be able to compete with lower cost labor for very long either. It would make sense for japan and korea to start outsourcing their manufacturing. |
They have been outsourcing manufacturing to the US for a few years now. It seems they can make it work here, while our own home-grown companies can't or won't! Transportation costs will gradually take a bigger bite out of the price tag of new cars, while new automation makes the labor cost differences less significant. Maybe it makes sense to produce products as close to the customer as possible.