I’ll bet companies like Toyota Motor Company are feeling good right now. Even thought most of the transmissions and other parts on a Toyota, and most of the Japanese car manufacturers are made in America, the main headquarters and executives are in Japan and their respective countries. That includes where all of the net profit profits go too.
Realistically speaking the foreign cars made out the best, and sold the most cars too, since Detroit’s cars are ‘worrisome‘ right now. With that in mind, the larger percentage of new cars that are being sold are foreign cars, that would lend itself to solving the global economy problem, too.
Was that part of the point of C4C program that was not mentioned? I’m not saying it is entirely one sided for foreign manufacturers. Obviously American citizens work in the foreign manufacturing factories in the US, proving jobs for lots of people. Dealers have employees and they have to pay taxes, the cars have to be sales taxed along with other fees. In part the effort will have a good short term effect.
Without getting into all the rhetoric on how much this will help out our economy in the short term and long run, one of the things that hits me hard is that supplies of good used transmissions and other usable and needed parts will be destroyed, making your clunker more expensive to keep. Large supplies of good used transmissions remain in stock at GotTransmissions.com. Call 866-320-1182 for a free quote.
