Motortrend Blog: VW Wants a Share of U.S. Government Loans to Automakers

[HoosierRon]

Originally Posted by rozz

Why? Are they hurting for cash or something? No way should we (our money) give them low interest loan...maybe a 30% interest loan.

How are we ever going to change The World's opinion of us with this kind of attitude. The World never will like us at this rate.

[leelander]

just a question here, but dooes it matter that the foreign companies still employ americans?

[GMusa]

Originally Posted by HoosierRon

Our leader went to Germany as a citizen of the world. We need to change this "only help America" attitude. If companies of the world need our help, then we should help them. Let us change these nationalistic bickerings. The workers of the world need to unite.

Are you kidding? How can we help other companies and their workers when America is in the trouble we're in right now.

[RamJet502]

Originally Posted by leelander

Just a question here, but does it matter that the foreign companies still employ americans?

No it doesn't, where do potential profits end up?

[GMusa]

Originally Posted by HoosierRon

How are we ever going to change The World's opinion of us with this kind of attitude. The World never will like us at this rate.

Ok your saying you want OUR tax dollars to pay for bail outs of companies all over the world?? Ya its a "global economy" but the U.S. cant and I dont want my money going over seas to save foreign companies! If our Government is going to bail out/help companies at least make sure their AMERICAN companies.

[HoosierRon]

Originally Posted by GMusa

Are you kidding? How can we help other companies and their workers when America is in the trouble we're in right now.

Man, are you behind the times.

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[61BelAir]

Originally Posted by HoosierRon

How are we ever going to change The World's opinion of us with this kind of attitude. The World never will like us at this rate.

The world hates us already so why change the way we operate now?

[HoosierRon]

Originally Posted by GMusa

Ok your saying you want OUR tax dollars to pay for bail outs of companies all over the world?? Ya its a "global economy" but the U.S. cant and I dont want my money going over seas to save foreign companies! If our Government is going to bail out/help companies at least make sure their AMERICAN companies.

What don't you understand about "our fair share"?

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[mgescuro]

Sorry VW.
I could understand an argument from Honda or Toyota or Nissan, as they have production plants in the US; however, VW doesn't have one.

And while I still wouldn't want Honda, Toyota, or Nissan to get US government loan money, at least they have plants in the US that actually help the US workforce.

File all you want VW... you shouldn't get it.

[Tstag]

Originally Posted by GMusa

Ok your saying you want OUR tax dollars to pay for bail outs of companies all over the world?? Ya its a "global economy" but the U.S. cant and I dont want my money going over seas to save foreign companies! If our Government is going to bail out/help companies at least make sure their AMERICAN companies.

You do realise that the EU has powers that could effectively force Ford and GM to repay every subsidy they have had for the last decade. Remember the billion dollars the UK gave Ford to keep Halewood open? The EU may force Ford to pay that back. Or they could simply create a Ford/ GM tax and apply it to Ford and GM products. Still want that Chevrolet that now cost 40% more than the competition?

The EU is a developed economy with over 350 million consumers. Ford and GM can not afford to piss off the EU. For this reason the US will have to give in to VW and any other EU brand. Even politicians in Congress stated their concern of EU retaliation so don't expect the US to get away with this pre-election gimic....

[Tstag]

Originally Posted by mgescuro

Sorry VW.
I could understand an argument from Honda or Toyota or Nissan, as they have production plants in the US; however, VW doesn't have one.

And while I still wouldn't want Honda, Toyota, or Nissan to get US government loan money, at least they have plants in the US that actually help the US workforce.

File all you want VW... you shouldn't get it.

Why should GM or Ford get an interest free loan for 5 years in the first place? It's not fair and free competion is it?

That is at the heart of this arguement. If your a capatilist you argue that they shouldn't get this as it distorts competition. The EU won't let this one ride and the US can't pick a fight with an economy that's bigger than it.

[HoosierRon]

Originally Posted by Tstag

Ford and GM can not afford to piss off the EU. For this reason the US will have to give in to VW and any other EU brand.

Now that's the spirit. American fiscal and foreign policy dictated by what the EU thinks about us. With that thinking, the Europeans will be loving us in no time.

Next up... the Middle East. I propose foot baths in every government run school.

[61BelAir]

Originally Posted by HoosierRon

Our leader went to Germany as a citizen of the world. We need to change this "only help America" attitude. If companies of the world need our help, then we should help them. Let us change these nationalistic bickerings. The workers of the world need to unite.

I think I finally see the bigger picture here! You are a part of the Aryan Nation and you're all for helping out the motherland, the deutsche land!

[stk]

Originally Posted by Tstag

Why should GM or Ford get an interest free loan for 5 years in the first place? It's not fair and free competion is it?

That is at the heart of this arguement. If your a capatilist you argue that they shouldn't get this as it distorts competition. The EU won't let this one ride and the US can't pick a fight with an economy that's bigger than it.

Ok what's wrong with you? Did you just joined the site to pollute that topic about how the EU is a bigger economic force then the USA?

Why don't you talk about the Japanesse manipulation of the yen, is THAT free competition? If not then why is it wrong for the USA to help GM and Ford when Japan help's Toyota and Honda!!!

What'S more, VW is GERMAN not europeen! What happend for the steel company concerned ALL country in the EU not only ONE! And beside VW has only around 2.5% of the market so they shouldn't receive much either since they only represent a small fraction of the market.

[GMusa]

Originally Posted by Tstag

You do realise that the EU has powers that could effectively force Ford and GM to repay every subsidy they have had for the last decade. Remember the billion dollars the UK gave Ford to keep Halewood open? The EU may force Ford to pay that back. Or they could simply create a Ford/ GM tax and apply it to Ford and GM products. Still want that Chevrolet that now cost 40% more than the competition?

The EU is a developed economy with over 350 million consumers. Ford and GM can not afford to piss off the EU. For this reason the US will have to give in to VW and any other EU brand. Even politicians in Congress stated their concern of EU retaliation so don't expect the US to get away with this pre-election gimic....

No i dont remember that, that was probably before my time, but did Ford ask for that moeny or did the UK agree to it to keep halewood open?

I think Ford and especially GM is too important to the EU economy and employment for the EU to screw over Ford/GM with the "tax" your talking about.

And there is no reason why the U.S. should have to give in to VW or any other brand.