bloomberg.com — Nissan Motor Co., the Asian carmaker with the biggest production capacity in Mexico, will spend as much as $2 billion on a third factory in the country as the yen’s strength drives the company out of Japan.
Jan 25, 2012 View in Crawl 4
WhoNewMediaJan 25, 2012
Time to move south of the border, at least they have jobs.
magnetism86Jan 26, 2012
Jobs that pay 1/6th what they do in the US.
particleman420Jan 26, 2012
think of all the profit they'll make!
too bad their cars are flimsy POS
norman619Jan 26, 2012
Those sound like sour grapes....
particleman420Jan 26, 2012
no, but i've used rental ones and been in other people's. they just seem like cheap POS. like if you leaned on the fender too hard it would fall in and the cheap plastic fenders pop off after the first bump
Closed AccountJan 25, 2012
WTF nissan will build a plant in a warzone but not in the US?know that tell's you something
agmlauncherJan 25, 2012
Looks like Nissan wants to get into the drug smuggling business.
norman619Jan 25, 2012
Why don't see many headlines that read "Auto Manufacturer to Build $2 Billion US Plant ?" One word. Unions
chordonblueJan 25, 2012
Hey dere tough guy, you stop wit dat anti-union gahbage or I'll wrap dis ratchet around ya hed!
Yeah, I'm pro-union! Wanna fight about it?
adml_shakeJan 26, 2012
It's hard for me to sympathize with union members after working for them for years and listening to them bitch about such things as their health care costs going up to 50 bucks a month for their family coverage. And that included dental and vision. And not to mention the union reps being some of the most slimy corrupt people I've ever had the displeasure of dealing with.
eraptorJan 26, 2012
I've worked on both ends of the commercial spectrum, but I have to say the slime factor is FAR worse on the other end.
Assuming you're "nonunion", how did your benefits and job security stack up? Based on your tone, I'm guessing it wasn't even close.
You can thank your nonunion status and senior management at corporate HQ for the "gap". Having worked with many executives over the years, they place their personal self-interests WELL ahead of your economic interests. Most employees are held in low regard by senior management, regardless of their ideological leaning. I pity the fools who champion their political agenda.
By the way, union members and nonunion employees complain about their pay and benefits these days because NEITHER have kept pace with the REAL cost of living. It's NOT based on a "selfish" entitlement mindset.
norman619Jan 26, 2012
If you do your job well you have job security. That should never be guaranteed.
eraptorJan 26, 2012
That's a load of crap!
Why don't you share those views with the raft of U.S. executives holding golden parachutes and employment contracts? You think those aren't forms of employment "guarantees"?
There are millions of Americans out of work today through NO fault of their own. They DID their jobs WELL but were STILL thrown under a bus. As for the people who did it, you can rest assured THEIR employment security was GUARANTEED and WELL protected.
Conservative criticism of job security always applies to EVERYONE but themselves. Hypocrisy anyone?
norman619Jan 26, 2012
eraptor:
"Why don't you share those views with the raft of U.S. executives holding golden parachutes and employment contracts? You think those aren't forms of employment "guarantees"?"
BAHAHAHAHAHA!!!!! That is the agreement those INDIVIDUALS negotiated with their employer. No UNION forced the employer to agree to this.
"There are millions of Americans out of work today through NO fault of their own."
s**t happens. Employers are not charities. You work for them as long as they have need of you, want you in that position, or can afford to pay you to work. Not a thing wrong with that. that's how it's supposed to work.Comment is buried, click here to see the rest.
eraptorJan 26, 2012
Newsflash, Norm.
Union contracts are NEGOTIATED agreements JUST like employment contracts AND golden parachutes. The difference is that union "EMPLOYMENT" contracts cover MORE people.
Your double standard/hypocrisy on employment securty does NOT give you the moral high ground you assume it does. I pity your ignorance and narcississm on the subject as it highlights your character weakness, NOT strength. Tragically, you and your ilk are mistaking sociopathic behavior for "strength".
eraptorJan 26, 2012
Bulls**t!
GM, Ford and Chrysler just expanded their U.S. manufacturing capabilities and, yet, there's STILL a union presence.
Nissan would slam the door's shut on that plant and move it to the U.S. if we abandoned Free Trade stupidity. Thanks to that conservative "brain fart", multinationals benefit from the U.S. market while not contributing a damned thing to the country and people which make that market possible.
norman619Jan 26, 2012
And they are able to compete with non-US cars so well right? LOL!!!!
eraptorJan 26, 2012
Yes, they ARE able to compete. American-manufactured cars are among the MOST coveted in the world. We don't see illegal immigrants coveting Mexican cars or Chinese citizens coveting their own Chinese-brand cars. Both groups favor GM cars and trucks.
Non-U.S. manufactured goods are not as coveted as multinational corporations mistakenly assumed when they blindly pursued globalization for labor cost savings ALONE. It was a monumental miscalculation. Hell, I recognized that economic truth YEARS ago after watching foreign tourists stockpile U.S.-made goods at U.S. malls to take back home with them. Levi's was STUPID to abandon their U.S.-made jeans and denim manufacturing capabilities. That stands up there with the coprorate blunder we witnessed from Coke when it "reformulated" Coca-Cola.
What is it with your hatred for this country and your fellow citizens? If you hate it so much, LEAVE. There are millions of people around the world who would GLADLY take your place and willingly support the country. It would also spare us your incessant whining about having to contribute to the nation which makes your quality of life/lifestyle possible.
InvesteemJan 26, 2012
high labor costs?
gkiltzJan 26, 2012
Shifting manufacturing out of Japan.
That is part of the demographic time bomb about to go off in Japan.
Actually good for the US. As Mexico builds it's employment base, and provides more jobs for it's people, fewer people get so desperate they are willing to try an illegal crossing they know is dangerous.
craig1958Jan 26, 2012
According to the article, they are doing this because the yen is to strong at the moment. Japanese cars seem to be pretty popular in Mexico, at least you see plenty of them on the road, so they should have a local decent market. They can build cars for the entire north/south american markets in a relatively low wage market without having to pay protection to any unions. Sounds like a win-win for Nissan and Mexico.
outerboxthinkerJan 26, 2012
Nissan cars made in America are terrifying enough. Could you imagine the quality of Nissan cars going to be when it is made in Mexico? I never own a Nissan and never will.
luke1h7Jan 26, 2012
I didn't read the article but good for Mexico. Those people are poor as s**t. Meaning some people will get jobs at least. I'm sure the majority of the money will go the already rich, but anyways.