Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • Dick Young’s Safe America
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup

Foreign Car Makers Build in America

January 11, 2018 By Young Research

By xieyuliang @ Shutterstock.com

With the announcement of a new automobile manufacturing plant in Alabama to be shared by Toyota and Mazda, foreign car companies are on track to build more vehicles in America than the Detroit Three. Adrienne Roberts and John D. Stoll report in the WSJ:

In the first quarter of 2018, foreign makers are expected to produce 1.4 million vehicles in the U.S., WardsAuto.com projects, equaling their American rivals for the first time. That’s a leap from the same period last year, when foreign companies trailed Detroit auto makers by more than 100,000 vehicles, or roughly 10%.

In coming years, General Motors Co. , Ford Motor Co. , and Fiat Chrysler Automobiles NV are likely see their dominance in vehicle production entirely evaporate as rivals such as Toyota and Mercedes-Benz boost their American workforces and add new factories.

Already, the Big 3 are being outsold by non-U.S. rivals, as their share of American sales dwindled to 44% in 2017.

A series of developments have fueled the shift. Japanese and other foreign companies—unencumbered by unions and decades of financial obligations to retired workers, and lured by U.S. states offering incentives—see an opportunity to bulk up their market share and localize production to mitigate risk. Meanwhile, executives at Ford, GM and Chrysler are prioritizing profits over revenue, scaling back production of low-margin compact cars and sedans in favor of pricier and profit-rich trucks and sport-utility vehicles.

Detroit makers, which once had considerable political sway because they employed the bulk of the nation’s auto workers, are losing influence at a time when state and national lawmakers consider legislation that will affect fuel economy, autonomous vehicles and the way cars have been bought and sold for a century.

Read more here.

Top 10 Foreign Cars Made in the America: Most Surprising Foreign Cars MADE in the USA

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • New Autos Will be Built by America’s Most Established Businesses
  • Toyota’s New America First Policy
  • Car and Driver: When Will You be Able to Buy an Autonomous Car?
  • Author
  • Recent Posts
Young Research
Latest posts by Young Research (see all)
  • Europeans Closing Businesses Early to Save on Energy - August 10, 2022
  • Federal Reserve Governor Signals MORE Big Rate Hikes - August 8, 2022
  • BIDEN UNCONVINCING: Saudis Holding Fire on Spare Capacity - August 5, 2022

Search Young Research

Most Popular

  • If the Phone Doesn’t Ring…It’s Me
  • Big Corporations Making Big Investments
  • DESANTIS RESISTS: Suspends Soros-Funded Destruction of America
  • Federal Reserve Governor Signals MORE Big Rate Hikes
  • SHOCK: Home Prices FALL in San Francisco as Market Dries Up
  • Your Retirement Life: Let the Slow and Steady Be Your Way of LIFE
  • Resilient Nordic Market Spawns Fast Growing Offshoot
  • The Power of a Compound Interest Table
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • BIDEN UNCONVINCING: Saudis Holding Fire on Spare Capacity

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • Is Merrick Garland Taking the Blame to Protect Biden?
  • Our Commander-in-Chief Fumbles On
  • Buying A Boat: Who’s Looking Out for You?
  • DOJ Career Officers Disgusted by Garland’s Political Raid on Trump
  • Dick Young’s Investing in Fine Wine
  • If It Smells Fishy … ?
  • The Great Jon Rappoport on Kari Lake
  • How’s the Economy?
  • Your Survival Guy’s Favorite Number is 72: Here’s Why
  • DEMOCRATS PLAY DIRTY: Megynn Kelly Calls Bulls#$t on “Classified Documents” Story

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2022 | Terms & Conditions

 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.