Notices
Non Scooby Related Anything Non-Scooby related

Car Industry Wants a Tax Payer Bail Out

Thread Tools
 
Search this Thread
 
Old 21 February 2009, 12:03 PM
  #31  
Matteeboy
Scooby Regular
 
Matteeboy's Avatar
 
Join Date: Dec 2006
Location: Mars
Posts: 11,470
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by mart360
lol at you lot

you obviously don't know anything about the automotive industry, otherwise you,d

not be coming out with the "let it close" statements your wildly making (btw not you yoza )

The automotive industry, isnt just the 6000 bods building cars at the plant,

behind them is the tier 1, 2 & 3 supply chain are hundreds of thousands of "employees" who will also be out of jobs as well.

Tier 1 suppliers are the main suppliers into the car plants, there "sole" business is

based on orders from the main plant. this will be a volume of live production parts,

and parts for the supplychain, (spares etc).

Tier 2 are the suppliers into tier 1, they supply the sub components, or raw

materials that the tier 1 supplier needs.

Tier 3 are the suppliers who make raw materials, for the tier 2 & 1 suppliers to turn

into there parts.

You then have to factor in the associated company's who work alongside all of the

above. Transport, logistics, storage etc.

Very quickly your 6000 has turned into 126000.

Mart
It's a dying industry as was coal. Sorry but I don't care how many people the industry employs - bail out do NOT make sense. If you bail out one industry, you have to bail them all out or none at all.

They are losing money - so they go bust. Tough merde.
Old 21 February 2009, 06:48 PM
  #32  
corradoboy
Scooby Regular
 
corradoboy's Avatar
 
Join Date: May 2003
Location: Just beyond the limits of adhesion
Posts: 19,020
Likes: 0
Received 0 Likes on 0 Posts
Default

The biggest problem we as a nation need to address is the fact that we have no future in industry, and as such we have no future economically. If we don't make anything we can sell to other countries, and yet continue to buy in products from abroad then we cannot survive. Ultimately, whether it is this recession, or the next, or whenever, but sometime in the not too distant future, the world forum of economic communities will realise that Britain only consumes and that is unsustainable.
Old 21 February 2009, 06:54 PM
  #33  
JonMc
Scooby Senior
Thread Starter
iTrader: (51)
 
JonMc's Avatar
 
Join Date: Nov 2005
Location: Wherever I park my car, that's my home
Posts: 20,491
Likes: 0
Received 2 Likes on 2 Posts
Default

I think our country's most successful entrepeneur sums it up nicely

But "companies need to stand on their own two feet, and the weak ones need to go to the wall", Sir Richard said.
Old 21 February 2009, 07:34 PM
  #34  
RyanSTI
Scooby Regular
iTrader: (1)
 
RyanSTI's Avatar
 
Join Date: Jun 2008
Posts: 677
Likes: 0
Received 0 Likes on 0 Posts
Default

virgin will control the world one day. and to be fair they deserve to.
Old 21 February 2009, 09:08 PM
  #35  
mart360
Scooby Regular
 
mart360's Avatar
 
Join Date: Jul 2005
Posts: 12,329
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Matteeboy
It's a dying industry as was coal. Sorry but I don't care how many people the industry employs - bail out do NOT make sense. If you bail out one industry, you have to bail them all out or none at all.

They are losing money - so they go bust. Tough merde.
So you wipe out

Saab
GM
Hummer
Daimler
Nissan
Mini
Ford
Jaguar
Landrover
Toyota
Mini
Vauxhall
Peugeot
Citroen

So just because a company dosen't make money for one year, your saying let it go to the wall.

lol I'm sure Toyota would think that a superb idea, given that this is the first time in

the company's entire history that theyve made a loss.

PSA will survive, why?

Because the French government has pumped in millions to ensure that they survive.

They have assurances from PSA that no French worker will loose there jobs, as

long as they have borrowed money from the state in there banks.

our wonderful lot, would rather we become a wasteland than do something.


Mart
Old 21 February 2009, 09:35 PM
  #36  
phil_wrx
Scooby Regular
iTrader: (2)
 
phil_wrx's Avatar
 
Join Date: May 2006
Posts: 1,677
Likes: 0
Received 0 Likes on 0 Posts
Default

why shoudl we bail them out ? once they get back on there feet they will go back to charging the british tax payer thousands more for the same car available a lot cheaper in europe



the goverment let rover close didnt they?

Last edited by phil_wrx; 21 February 2009 at 09:37 PM.
Old 21 February 2009, 10:15 PM
  #37  
RyanSTI
Scooby Regular
iTrader: (1)
 
RyanSTI's Avatar
 
Join Date: Jun 2008
Posts: 677
Likes: 0
Received 0 Likes on 0 Posts
Default

to be fair the some manufactures have ruined there own cars. for example Landrover, How can giving 7 grand off a new car possibly have a good effect on used landrover prices!.
Old 21 February 2009, 10:30 PM
  #38  
nixxon
Scooby Regular
 
nixxon's Avatar
 
Join Date: May 2006
Posts: 543
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by mart360
So you wipe out

Saab
GM
Hummer
Daimler
Nissan
Mini
Ford
Jaguar
Landrover
Toyota
Mini
Vauxhall
Peugeot
Citroen

So just because a company dosen't make money for one year, your saying let it go to the wall.

lol I'm sure Toyota would think that a superb idea, given that this is the first time in

the company's entire history that theyve made a loss.

PSA will survive, why?

Because the French government has pumped in millions to ensure that they survive.

They have assurances from PSA that no French worker will loose there jobs, as

long as they have borrowed money from the state in there banks.

our wonderful lot, would rather we become a wasteland than do something.


Mart
Except, it's not just one year's loss though, is it? Most of the above companies have made more yearly losses than profits in the last ten years. That's the whole point - Car manufacture is no longer profitable because there are too many players in the market and there is massive over capacity. Prices are forced down, and profit per unit is negligible.
Add to the equation the fact that cars last longer than ever. Something has to give. Some major manufacturers will go bust. It's just a matter of who's first?

Last edited by nixxon; 21 February 2009 at 10:35 PM.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Iqy7861
Engine Management and ECU Remapping
22
12 October 2015 09:21 AM
ossett2k2
Engine Management and ECU Remapping
15
23 September 2015 09:11 AM
ossett2k2
General Technical
9
13 September 2015 09:35 AM
riiidaa
ScoobyNet General
1
12 September 2015 11:52 AM
alcazar
Other Marques
9
09 September 2015 05:42 PM



Quick Reply: Car Industry Wants a Tax Payer Bail Out



All times are GMT +1. The time now is 05:22 AM.