S
server
Guest
https://za.investing.com/magazine/american-companies-owned-by-china/
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
On Mon, 9 Nov 2020 05:16:53 -0800 (PST),
bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
And guess who their friends are.
--
John Larkin Highland Technology, Inc
Science teaches us to doubt.
Claude Bernard
On Monday, November 9, 2020 at 9:42:10 AM UTC-5, jla...@highlandsniptechnology.com wrote:
On Mon, 9 Nov 2020 05:16:53 -0800 (PST),
bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
And guess who their friends are.
Yep- one of them just got elected president.
https://za.investing.com/magazine/american-companies-owned-by-china/
On Mon, 9 Nov 2020 05:16:53 -0800 (PST),
bloggs.fredbloggs.fred@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
And guess who their friends are.
https://za.investing.com/magazine/american-companies-owned-by-china/
On Monday, November 9, 2020 at 9:42:10 AM UTC-5, jla...@highlandsniptechnology.com wrote:
On Mon, 9 Nov 2020 05:16:53 -0800 (PST),
bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
And guess who their friends are.
Yep- one of them just got elected president.
On 11/9/2020 8:16 AM, bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
Lol, China doesn\'t own GE. They bought their white goods/appliance
division.
\"While General Motors isnât entirely owned by a Chinese company, it does
rely on its partnership with Shanghai Automotive Industry Corp to keep
the money rolling in.\"
And their partnership with South Korea. And their partnership with
Holden Australia. And their partnership with Honda Japan. And their
partnership with Brazil. And (until recently) their partnership with
Opel/Vauxhaull/Fiat. And (until recently) their partnership with Russia.
And...
On Monday, November 9, 2020 at 11:03:46 AM UTC-5, bitrex wrote:
On 11/9/2020 8:16 AM, bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
Lol, China doesn\'t own GE. They bought their white goods/appliance
division.
You make it sound like nothing. They do $37B business annual and employ 77,000 people. They\'re HUGE IOW.
https://pressroom.geappliances.com/facts/about-ge-appliances#:~:text=1%20appliance%20leader%20in%20the,%2437%20billion%20in%20annual%20revenue.
\"While General Motors isnât entirely owned by a Chinese company, it does
rely on its partnership with Shanghai Automotive Industry Corp to keep
the money rolling in.\"
And their partnership with South Korea. And their partnership with
Holden Australia. And their partnership with Honda Japan. And their
partnership with Brazil. And (until recently) their partnership with
Opel/Vauxhaull/Fiat. And (until recently) their partnership with Russia.
And...
Yep- anything requiring the development of new technology is best done offshore.
If their idea of innovation is the Volt, thanks but no thanks.
I was surprised to learn the Chinese own Tesla- hmmm.
On 11/9/2020 11:41 AM, Fred Bloggs wrote:
On Monday, November 9, 2020 at 11:03:46 AM UTC-5, bitrex wrote:
On 11/9/2020 8:16 AM, bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
Lol, China doesn\'t own GE. They bought their white goods/appliance
division.
You make it sound like nothing. They do $37B business annual and employ 77,000 people. They\'re HUGE IOW.
https://pressroom.geappliances.com/facts/about-ge-appliances#:~:text=1%20appliance%20leader%20in%20the,%2437%20billion%20in%20annual%20revenue.
\"While General Motors isnât entirely owned by a Chinese company, it does
rely on its partnership with Shanghai Automotive Industry Corp to keep
the money rolling in.\"
And their partnership with South Korea. And their partnership with
Holden Australia. And their partnership with Honda Japan. And their
partnership with Brazil. And (until recently) their partnership with
Opel/Vauxhaull/Fiat. And (until recently) their partnership with Russia.
And...
Yep- anything requiring the development of new technology is best done offshore.
If their idea of innovation is the Volt, thanks but no thanks.
Your loss, it was probably one of the most technologically advanced cars
designed up to that time. The goal wasn\'t to make the perfect
electric/hybrid vehicle it was to make a good car and beat Tesla et al
into the market segment on a much smaller budget, which they did.
It was the best-selling hybrid electric vehicle in the world for better
part of five years, remember. GM doesn\'t leave loser products on the
market for 8 model years because Obama orders them to (though the $7500
tax credit helped a lot.)
I was surprised to learn the Chinese own Tesla- hmmm.
Tesla was a global car company from the beginning, they\'re in the US now
because the money\'s been good to be here. The US is tepid on EVs but the
rest of the world including China is hot for them.
If it looks like it\'s the better value at some point to pack the whole
operation up and leave for China and elsewhere I have no doubt Tesla
will do that.
On Monday, November 9, 2020 at 11:57:52 AM UTC-5, bitrex wrote:
On 11/9/2020 11:41 AM, Fred Bloggs wrote:
On Monday, November 9, 2020 at 11:03:46 AM UTC-5, bitrex wrote:
On 11/9/2020 8:16 AM, bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
Lol, China doesn\'t own GE. They bought their white goods/appliance
division.
You make it sound like nothing. They do $37B business annual and employ 77,000 people. They\'re HUGE IOW.
https://pressroom.geappliances.com/facts/about-ge-appliances#:~:text=1%20appliance%20leader%20in%20the,%2437%20billion%20in%20annual%20revenue.
\"While General Motors isnât entirely owned by a Chinese company, it does
rely on its partnership with Shanghai Automotive Industry Corp to keep
the money rolling in.\"
And their partnership with South Korea. And their partnership with
Holden Australia. And their partnership with Honda Japan. And their
partnership with Brazil. And (until recently) their partnership with
Opel/Vauxhaull/Fiat. And (until recently) their partnership with Russia.
And...
Yep- anything requiring the development of new technology is best done offshore.
If their idea of innovation is the Volt, thanks but no thanks.
Your loss, it was probably one of the most technologically advanced cars
designed up to that time. The goal wasn\'t to make the perfect
electric/hybrid vehicle it was to make a good car and beat Tesla et al
into the market segment on a much smaller budget, which they did.
It was the best-selling hybrid electric vehicle in the world for better
part of five years, remember. GM doesn\'t leave loser products on the
market for 8 model years because Obama orders them to (though the $7500
tax credit helped a lot.)
Isn\'t that the one with the $100,000 per vehicle taxpayer subsidy after they accounted for all the grants and other giveaways to GM?
On 11/9/2020 3:44 PM, Fred Bloggs wrote:
On Monday, November 9, 2020 at 11:57:52 AM UTC-5, bitrex wrote:
On 11/9/2020 11:41 AM, Fred Bloggs wrote:
On Monday, November 9, 2020 at 11:03:46 AM UTC-5, bitrex wrote:
On 11/9/2020 8:16 AM, bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
Lol, China doesn\'t own GE. They bought their white goods/appliance
division.
You make it sound like nothing. They do $37B business annual and
employ 77,000 people. They\'re HUGE IOW.
https://pressroom.geappliances.com/facts/about-ge-appliances#:~:text=1%20appliance%20leader%20in%20the,%2437%20billion%20in%20annual%20revenue.
\"While General Motors isnât entirely owned by a Chinese company, it
does
rely on its partnership with Shanghai Automotive Industry Corp to keep
the money rolling in.\"
And their partnership with South Korea. And their partnership with
Holden Australia. And their partnership with Honda Japan. And their
partnership with Brazil. And (until recently) their partnership with
Opel/Vauxhaull/Fiat. And (until recently) their partnership with
Russia.
And...
Yep- anything requiring the development of new technology is best
done offshore.
If their idea of innovation is the Volt, thanks but no thanks.
Your loss, it was probably one of the most technologically advanced cars
designed up to that time. The goal wasn\'t to make the perfect
electric/hybrid vehicle it was to make a good car and beat Tesla et al
into the market segment on a much smaller budget, which they did.
It was the best-selling hybrid electric vehicle in the world for better
part of five years, remember. GM doesn\'t leave loser products on the
market for 8 model years because Obama orders them to (though the $7500
tax credit helped a lot.)
Isn\'t that the one with the $100,000 per vehicle taxpayer subsidy
after they accounted for all the grants and other giveaways to GM?
There were all sorts of figures thrown out there years ago as to how
much each unit was subsidized, here\'s one that says it was 250k:
https://www.michigancapitolconfidential.com/16192
\"GM has estimated theyâve sold 6,000 Volts so far. That would mean each
of the 6,000 Volts sold would be subsidized between $50,000 and
$250,000, depending on how many government subsidy milestones are
realized.\"
In the final accounting they sold 175,000 Volts in the US and about
another 25,000 in Europe, it was Chevrolet\'s best-selling product that
wasn\'t a truck or SUV for a while.
https://www.ibtimes.com/chevrolet-volt-beats-tesla-model-s-second-most-sold-ev-who-number-1-2863648
On 11/9/2020 3:44 PM, Fred Bloggs wrote:
On Monday, November 9, 2020 at 11:57:52 AM UTC-5, bitrex wrote:
On 11/9/2020 11:41 AM, Fred Bloggs wrote:
On Monday, November 9, 2020 at 11:03:46 AM UTC-5, bitrex wrote:
On 11/9/2020 8:16 AM, bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
Lol, China doesn\'t own GE. They bought their white goods/appliance
division.
You make it sound like nothing. They do $37B business annual and
employ 77,000 people. They\'re HUGE IOW.
https://pressroom.geappliances.com/facts/about-ge-appliances#:~:text=1%20appliance%20leader%20in%20the,%2437%20billion%20in%20annual%20revenue.
\"While General Motors isnât entirely owned by a Chinese company, it
does
rely on its partnership with Shanghai Automotive Industry Corp to keep
the money rolling in.\"
And their partnership with South Korea. And their partnership with
Holden Australia. And their partnership with Honda Japan. And their
partnership with Brazil. And (until recently) their partnership with
Opel/Vauxhaull/Fiat. And (until recently) their partnership with
Russia.
And...
Yep- anything requiring the development of new technology is best
done offshore.
If their idea of innovation is the Volt, thanks but no thanks.
Your loss, it was probably one of the most technologically advanced cars
designed up to that time. The goal wasn\'t to make the perfect
electric/hybrid vehicle it was to make a good car and beat Tesla et al
into the market segment on a much smaller budget, which they did.
It was the best-selling hybrid electric vehicle in the world for better
part of five years, remember. GM doesn\'t leave loser products on the
market for 8 model years because Obama orders them to (though the $7500
tax credit helped a lot.)
Isn\'t that the one with the $100,000 per vehicle taxpayer subsidy
after they accounted for all the grants and other giveaways to GM?
There were all sorts of figures thrown out there years ago as to how
much each unit was subsidized, here\'s one that says it was 250k:
https://www.michigancapitolconfidential.com/16192
\"GM has estimated theyâve sold 6,000 Volts so far. That would mean each
of the 6,000 Volts sold would be subsidized between $50,000 and
$250,000, depending on how many government subsidy milestones are
realized.\"
In the final accounting they sold 175,000 Volts in the US and about
another 25,000 in Europe, it was Chevrolet\'s best-selling product that
wasn\'t a truck or SUV for a while.
https://www.ibtimes.com/chevrolet-volt-beats-tesla-model-s-second-most-sold-ev-who-number-1-2863648
Best done off shore? I beg to differ. The volt was very innovative for its time and the hybrid setup is very efficient. IMHO, it rivaled the Prius. Hell, it even looked better than the Prius. I could never figure out why they didn\'t sell more. Yea, they were gov subsidized, but many off-shore car companies are as well, so why all the concern? I am still confounded by the fact that GM stated it wants to build only all electric vehicles in the future and not have a hybrid as a safe-bet crossover so to speak. Oh well, maybe they know something I don\'t.On Monday, November 9, 2020 at 11:03:46 AM UTC-5, bitrex wrote:
On 11/9/2020 8:16 AM, bloggs.fred...@gmail.com wrote:
https://za.investing.com/magazine/american-companies-owned-by-china/
Lol, China doesn\'t own GE. They bought their white goods/appliance
division.
You make it sound like nothing. They do $37B business annual and employ 77,000 people. They\'re HUGE IOW.
https://pressroom.geappliances.com/facts/about-ge-appliances#:~:text=1%20appliance%20leader%20in%20the,%2437%20billion%20in%20annual%20revenue.
\"While General Motors isnât entirely owned by a Chinese company, it does
rely on its partnership with Shanghai Automotive Industry Corp to keep
the money rolling in.\"
And their partnership with South Korea. And their partnership with
Holden Australia. And their partnership with Honda Japan. And their
partnership with Brazil. And (until recently) their partnership with
Opel/Vauxhaull/Fiat. And (until recently) their partnership with Russia..
And...
Yep- anything requiring the development of new technology is best done offshore.
If their idea of innovation is the Volt, thanks but no thanks.
I was surprised to learn the Chinese own Tesla- hmmm.