Quote:
Originally Posted by 2010SS2SS
Not all the profits stay here when they are investing in plants in Canada and Mexico. Some profits may be held by the company in the U.S. but they bolster antoher countries economy by spending money on infastructure and plants. Doesn't do the U.S. a bit of good. UAW has ruined itself with the BIG 3 and they will continue to loose their grip on the manufactuers as long as they can get tax credits and lower employee costs in other locations.
|
I had stated the profits stayed in NORTH AMERICA
Last time I checked that included CANADA
F.Y.I. Canada and the USA signed an auto pact waayyyyy before the free trade agreement as to be in partnership together to produce cars.
some cars here in Canada and some cars in USA
My point is that by purchasing for example a Toyota, the profits earned by Toyota USA are sent back to head office in JAPAN!