Friday, October 22, 2010

Buy Hyundai, More American Made Than Detroit

From CNN Money we get a report that by next year about 80% of Hyundai sales will be made here, according to CEO of Hyundai for U.S. Sales.

If the next year forecast is met, Hyundai will have established a position at the top of USA made autos, topping Ford, Chrysler  and GM.

Hyundai has been tops in sales in this period of low auto sales.

Take note also, that the plants are not located in union dominated Detroit.

More from the news report shown below reflecting Ford's USA made record.

Ford Motor Co. builds the Fusion mid-sized sedan in Mexico. Ford was not able to say what percentage of the cars it sells in the U.S. are built here.
Popular Ford models, such as the Edge SUV and the Fiesta sub-compact, are built in Mexico and Canada. Even though the top sellers are built elsewhere, the bulk of Ford cars sold in the U.S. are built here. Still, they tally up to less than 80%.
One can assume that Detroit union manufactured and assembled autos are more expensive due to union's demand for high pay scale for unskilled assembly labor. Some estimates are at $40 and hour, which includes benefits. 

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