Tuesday, November 18, 2008

Hyundai-Kia to the rescue!

If Detroit and beleaguered autoworker unions don't get their way in Washington, and the credit crisis pulls GM and/or Chrysler under, the New York Times reports that "foreign" automakers with manufacturing plants in the United States, including Toyota, Honda, Nissan, Mercedes-Benz, BMW, and Hyundai-Kia would become the "new kings of the auto industry" (along with still-standing Ford, with its still-popular gas guzzler, the Ford F-150 pickup, a favorite of Mexican drug dealers). From the NYT:
Given Chrysler’s weakness, the new kings of the auto industry would presumably be Toyota, Honda, Nissan, Volkswagen, Ford, Mercedes-Benz, BMW and Hyundai-Kia. (Volkswagen has not yet opened a plant in the United States, and BMW and Hyundai each have one plant.)

Like the Big Three, they would together dominate manufacturing in the United States, becoming big customers for steel, aluminum, plastics, glass, machine tools, computer chips and rubber.
So if Detroit goes south, then look south... to Alabama. In the meantime, why not save $14K on a Detroit monster machine

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