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  #1  
Old 05-10-2011, 09:42 AM
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RSS Robot RSS Robot is offline
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Post China finds that U.S. automakers received unfair subsidies

Filed under: China, Government/Legal, BMW, Chrysler, Ford, GM, Mercedes-Benz


While many in the U.S. think trade between the home team and China is a one-way street, the truth is that exports to The Land of the Great Wall was worth $91.9 billion in 2010 alone. The auto industry makes up $3.4 billion of that total, as automakers have been making vehicles in the U.S. and shipping them overseas.

That sounds like great news for automakers and the blue-collar workforces who build those vehicles, but China's Commerce Ministry says that some of the American vehicles benefited from unfair subsidies. The ministry issued a statement that U.S. automakers that produce sedans and utility vehicles of 2.5 liters and larger "engaged in dumping and were given subsidies." The term "dumping" details an instance where an automaker will "dump" overflow capacity into another country, which in turns hurts that country's local auto industry. China also alleges that the vehicles in question were given subsidies by by the federal government and the state of Michigan. General Motors, Chrysler and U.S.-built BMW and Mercedes-Benz models were among those cited in the statement.

Despite objections from the Ministry, the Customs Tariff Commission of the State Council has decided not to levy a duty against the automakers for their alleged wrongdoing. China's announcement came within days of the annual Strategic and Economic Dialog meeting.Continue reading China finds that U.S. automakers received unfair subsidies
China finds that U.S. automakers received unfair subsidies originally appeared on Autoblog on Tue, 10 May 2011 08:59:00 EST. Please see our terms for use of feeds.


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  #2  
Old 05-11-2011, 01:55 AM
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Quote:
Originally Posted by RSS Robot View Post
...While many in the U.S. think trade between the home team and China is a one-way street, the truth is that exports to The Land of the Great Wall was worth $91.9 billion in 2010 alone. The auto industry makes up $3.4 billion of that total, as automakers have been making vehicles in the U.S. and shipping them overseas.

That sounds like great news for automakers and the blue-collar workforces who build those vehicles, but China's Commerce Ministry says that some of the American vehicles benefited from unfair subsidies...
You can call the "US AUTOMOTIVE BAILOUT" and "CARS FOR CLUNKERS", "unfair subsidies". They are very similar. But absent from this article is the statistics regarding China's Automotive Sales. How many cars did Ford, GM and Chrysler build in China? I understand it was in excess of 10-million last year.

There's no need to ship cars to China because the big-3 make more there than over here. Stay tuned for Chinese GM and Ford cars being imported to the US.
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Old 05-11-2011, 08:28 AM
SandyBoy SandyBoy is offline
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I will ONLY purchase cars of Chrysler, Ford or G.M. and only if mde in the USA or Canada.
Because the Asian Countries do not want to be players in our economy, they want to control and/or own or put out of business our 3 major car corporations. It's not enought for them to be part of our automobile commerce. No! They wqnt to either own them, or cripple them out of business, so that they can come in & feast on the little left-overs.

Don't believe me? Okay then, where is Saturn? Oldsmobile? Mercury? Pontiac? American Motors ?

What DO we have left ? 8 Brands !!

Cadillac, Buick & Chevy from GM
Only Lincoln & Ford, from FoMoCo
Chrysler, Dodge & Jeep from Chrysler.

That's it, folks !! 8 brands VS over 23 from China,
Japan, Germany, RTC.
and get this.....THEY ARE COMPLAING !!!

i'D TELL THEM TO SHUT THE " f " UP !
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Old 05-11-2011, 08:32 AM
SandyBoy SandyBoy is offline
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I will ONLY purchase cars of Chrysler, Ford or G.M. and only if mde in the USA or Canada.
Because the Asian Countries do not want to be players in our economy, they want to control and/or own or put out of business our 3 major car corporations. It's not enought for them to be part of our automobile commerce. No! They wqnt to either own them, or cripple them out of business, so that they can come in & feast on the little left-overs.

Don't believe me? Okay then, where is Saturn? Oldsmobile? Mercury? Pontiac? American Motors ?

What DO we have left ? 8 Brands !!

Cadillac, Buick & Chevy from GM
Only Lincoln & Ford, from FoMoCo
Chrysler, Dodge & Jeep from Chrysler.

That's it, folks !! 8 brands VS over 23 from China,
Japan, Germany, eTC.
and get this.....THEY ARE COMPLAING !!!

i'D TELL THEM TO SHUT THE " f " UP !
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