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Is the China honeymoon coming to an end?

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Old Aug 29, 2005 | 09:02 AM
  #1  
Z284ever's Avatar
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Is the China honeymoon coming to an end?

http://www.detnews.com/2005/autosins...B01-295057.htm
Old Aug 29, 2005 | 10:17 AM
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Re: Is the China honeymoon coming to an end?

Interesting read.
Old Aug 29, 2005 | 10:29 AM
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Re: Is the China honeymoon coming to an end?

wait wait wait, it says UAW workers make 130,000 a year, is that true?
Old Aug 29, 2005 | 10:37 AM
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Re: Is the China honeymoon coming to an end?

Maybe, but there is no shortage of poor people in the world to work for slave wages.
Old Aug 29, 2005 | 10:58 AM
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Re: Is the China honeymoon coming to an end?

Originally Posted by TrackMagicWS6
wait wait wait, it says UAW workers make 130,000 a year, is that true?
Don't forget that includes benefits...that's not just salary. But yes, the average salary of a UAW worker is probably somewhere between $60-80k...so while it isn't $130k, its still pretty damn good.

FWIW, I really, REALLY want one of the people who knocked me for being irate over GM's decision to put a Chinese-built 3400 in the Equinox and Torrent to come up with an excuse now as to why GM had to do it. Cost savings, reliability, my a**. If it was because they had excess plant capacity, fine...but I gotta think they didn't need to ship those engines over here. The biggest reason my fiance's next car will be a G6 over a Torrent is not because of the cost difference, but the damn engine. Maybe I'm pigheaded, but I don't want my American Pontiac having a Chinese engine, thanks very much. Trim pieces, I can deal with...but the engine? For me, its just principal I guess...

Last edited by Jason E; Aug 29, 2005 at 11:01 AM.
Old Aug 29, 2005 | 11:30 AM
  #6  
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Re: Is the China honeymoon coming to an end?

I don't totally agree with that article. For Wireing harnesses sure with all the changes it doesn't make sense to go to China under his circumstances.

For Steel and other Heavy Industries China is still the place to be. We deal in Industrial Hydraulic products (German Owned) and have been in the States 10 years. We have only been in China 4 years and the sales last year surpassed the United States. Although, we did see a 15-20% increase in the US market as well.
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