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Trump Threatens BMW With Border Tax On Cars Built In Mexico

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      Germans were not buying Chevrolets at the same rate, Trump said, making the business relationship an unfair one-way street. This article from 5 December 2013 might help to explain why Europe is not buying GM's Chevrolet brand.

      'General Motors will drop its Chevrolet brand in Europe by the end of 2015, GM Vice Chairman Steve Girsky said today. The move is the latest effort by GM

      -to turn around its European operations and

      -to focus its resources on reviving the Opel brand.

      'Chevrolet will no longer have a mainstream presence in western and eastern Europe due to

      -a challenging business model and

      -the difficult economic situation in Europe

      '"We believe this is a win for all of our brands here in Europe and around the globe as GM will benefit from a stronger Opel/Vauxhall," Girsky said. To pull Chevrolet out of Europe "will help us to accelerate progress in the region," he said.

      -Some of the brand's iconic models, such as the Corvette, will remain on sale in Europe, and

      -the upmarket Cadillac marque is working on an expansion in the region in the next three years, GM said.

      -Chevrolet sales will continue in Russia, where the brand ranks No. 5 in sales behind Lada, Renault, Kia and Hyundai.

      Low sales

      'Chevrolet's annual sales in Europe have remained low at about 200,000 since GM relaunched the brand in the region in 2005.

      -Chevrolet focused on selling small cars in Europe such as the Aveo subcompact and Spark minicar built by GM Daewoo in Korea.

      -Chevrolets were supposed to compete at the budget end of the market with the likes of Hyundai, Skoda and Renault's Dacia. But

      -the brand failed to make much headway as its largely rebadged Korean-made Daewoo cars struggled against rivals, whose models are customized for European markets.

      'GM Daewoo exported 186,000 vehicles to Europe last year, accounting for over 20 percent of the unit's total vehicle output. "We will phase out exports to Europe by the end of 2015. We will discuss with the union how to enhance the operating efficiency of our plants," Park Hae-ho, a spokesman at GM Korea, said.

      -Chevrolet's deliveries in the EU and EFTA markets dropped 17 percent to 152,260 vehicles through October, giving the nameplate 1.2 percent of the market.

      -Opel and its sister UK division, Vauxhall, posted a 3 percent decline to 718,829 units over that period for a 6.7 percent market share.

      'Hurt by a brutal downturn in European demand, Chevrolet has responded by slashing prices and introducing more upmarket models -- putting it on a collision course with Opel.'

      So, yes, Mr. Trump, at least for the moment, it does look very much like a one-way street with BMWs being

      far more popular here in the US than GM Chevrolets are in Europe.

      http://www.autonews.com/article/20131205/COPY01/31...

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      "A BMW spokeswoman said a BMW Group plant in San Luis Potosi would build the BMW 3 Series starting from 2019, with the output intended for the world market. The plant in Mexico would be an addition to existing 3 Series production facilities in Germany and China.

      "Trump said BMW should build its new car factory in the United States because this would be "much better" for the company.

      "He went on to say Germany was a great car producer, borne out by Mercedes Benz cars being a frequent sight in New York, but there was no reciprocity.

      "Germans were not buying Chevrolets at the same rate, he said, making the business relationship an unfair one-way street.

      'He said he was an advocate of free trade, but not at any cost."'

      https://www.yahoo.com/finance/news/trump-threatens...

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      Volkswagen Likely Takes No. 1 Spot With 10.3 Million Vehicles Sold In 2016 ....

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          The very name Aldolf Hitler is enough to strike fear, loathing, disgust and hatred in the hearts of many around the world thanks to his horrific legacy of industrial scale extermination of peoples considered to be "subhuman" and therefore not worthy of life. It is, therefore, almost impossible to conceive that we owe a great debt of gratitude to the Führer for two of his innovations that millions today use without realizing their origins. One is the Autobahnen. When Gen. Eisenhower saw them it gave him the idea for our highway system.

          The other is the Volkswagen Beetle, a brainchild of Hitler that endures in popularity to this day as attested today by its sheer volume of sales around the world. In my day way back when, the VW was the vehicle of choice for college/university students because it was inexpensive to buy, inexpensive to maintain, and it was great on gas mileage, and it was easy to park in those tight spaces. It's ironic that the man we owe this to is one of the Monsters of the World.

          "In April 1934, Adolf Hitler gave the order to Ferdinand Porsche to develop a Volkswagen (literally, "people's car" in German, pronounced [ˈfɔlksvaːɡən]).[17] The epithet Volks- literally, "people's-" had been applied to other Nazi-sponsored consumer goods such as the Volksempfänger ("people's radio").

          "In May 1934, at a meeting at Berlin’s Kaiserhof Hotel, Chancellor Hitler insisted on a basic vehicle that could transport two adults and three children at 100 km/h (62 mph) while not using more than 7 litres of fuel per 100 km (32 mpg US/39 mpg UK).[12] The engine had to be powerful for sustained cruising on Germany’s new Autobahnen. Everything had to be designed to ensure parts could be quickly and inexpensively exchanged. The engine had to be air-cooled because, as Hitler explained, not every country doctor had his own garage (ethylene glycol antifreeze was only just beginning to be used in high-performance liquid-cooled aircraft engines. In general, radiators filled with water would freeze unless the vehicle was kept in a heated building overnight or drained and refilled each morning).[18]

          "The "People's Car" would be available to citizens of Nazi Germany through a savings scheme, or Sparkarte (savings booklet),[19] at 990 Reichsmark, about the price of a small motorcycle. (The average weekly income was then around 32RM.)[20]"

          https://en.wikipedia.org/wiki/Volkswagen_Beetle

          __________________________________________________________________________

          "Volkswagen AG said Tuesday it sold 10.3 million vehicles last year, likely driving past rival Toyota Motor Co. to claim the throne as the world’s biggest automotive group by sales.

          "The German car maker achieved that milestone despite its disastrous emissions-cheating scandal, after a decadelong effort to outpace rivals Toyota and General Motors Co. It achieved some of its sales growth over recent years by deceiving regulators and customers into believing that their diesel vehicles offered both performance and low emissions, company officials have admitted.

          "Despite the diesel crisis and continued economic troubles in emerging markets, world-wide sales of Volkswagen’s various brands rose 3.8% last year, to 10.3 million vehicles. In December alone, sales surged nearly 12% compared with December 2015, to 933,300 vehicles.

          "In addition to its namesake VW brand, the group produces nameplates including Audi and Bentley vehicles and Scania trucks, as well as the mass-market Seat and Skoda brands in Europe.

          "Volkswagen’s strongest growth was in China, where sales rose 12% to 3.98 million vehicles. For the first time, China accounted for half of the Volkswagen brand’s world-wide sales."

          http://www.wsj.com/articles/volkswagen-likely-take...

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          Squeezed By Congressional Skinflints, Social Security Axes More Services

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              The trust, the faith, the hope that nothing but nothing bad could ever possibly happen.

              And then along came this ball-of-yarn lingo that is better than a sleeping pill...

              ...and now the sad tale of the tragic demise of Social Security helps put your teddy bear to sleep.

              _______________________________________________________________________

              "That’s because the annual statements were the only proactive outreach the agency made to its clientele. The statements, as one might remember from the period when they arrived in the mailbox once a year, listed estimated retirement benefits already earned, as well as potential disability and survivor benefits. It was a real-time readout of how Social Security would protect workers and their families in the event of retirement, disability or untimely death.

              "The idea, I was told in 2012 by Webster Phillips, a former associate Social Security commissioner who worked with Moynihan to craft the mandate, was to strengthen the bond between workers and the Social Security program by showing that the money they paid in, week in and week out, would yield tangible benefits. If Congress tried to take them away or cut them down, the consequences would show up in every worker's mailbox.

              "The statements also displayed the worker’s earnings record year by year. This allowed recipients to pinpoint errors — the statements provided an 800 number and instructed recipients to “Call us right away” to report inaccuracies.

              "Can these features be replicated by the MySocialSecurity online account? Obviously not. Leaving aside that many people are still uncomfortable about opening online accounts or are unable to do so, or don’t have Internet access, the best feature of the paper statements is that they came unbidden. No one had to go hunting for the website. No one had to manage a password (or change it every six months, as the system requires). This was a case of government reaching out to let citizens know how it was working for them. This is not a light that should be hidden under a bushel.

              "The Social Security Administration says it will save $11.3 million a year by cutting out most of the mailings. That comes to about two-tenths of 1% of its administrative budget, and a bit more than one-thousandth of 1% of its total spending. But it’s giving up much more in public access.

              "Rather than make clear the drawbacks of this step, the agency is wringing its hands as though it’s inevitable. “We know that our cutbacks will affect many of you, but we have no choice,” Walker wrote in a blog post announcing the cut in mailed statements. Instead of pointing the finger at shortsighted congressional action, he added simply that congressional cheeseparing means “there may be more bumps in our journey together. We’ll do our best to get through them.”

              "That’s not good enough. The Social Security Administration represents the public in this sort of battle, and it shouldn’t be rolling over. The annual statements were mandated by Congress nearly 30 years ago, and they’re still needed. Social Security and its advocates should be fighting for them, and for all the other services that bind the system to its beneficiaries, tooth and nail."

              http://www.latimes.com/business/hiltzik/la-fi-hilt...

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                  "I don't care if it IS his inauguration! This is what I am wearing and that is final...

                  "....because this is me, more or less, and this is how we dooooooo!!!"

                  __________________________________________________________________________

                  'Despite what Donald Trump may say, Washington D.C. stores have plenty of formalwear in their inventory ahead of the inauguration.

                  'Trump told The New York Times early Monday that D.C. shops have been selling out of gowns, with big numbers expected at the inaugural festivities — in particular, celebrities.

                  '“We are going to have an unbelievable, perhaps record-setting turnout for the inauguration, and there will be plenty of movie and entertainment stars,” he said. “All the dress shops are sold out in Washington. It’s hard to find a great dress for this inauguration.”

                  'However, it seems that Trump’s claim is quite a stretch. PEOPLE called a few D.C. area stores that carry formal dresses and evening wear, and every store said they had plenty of inventory available for those seeking an outfit to wear to the inauguration.

                  '“No, we’re not sold out,” Mae Shipe, owner of the D.C. Mae’s Dress Boutique, told PEOPLE. “We have 200 dresses, if not more, in stock.”

                  'Not only, it seems, are dresses in stock, but people aren’t flocking to the stores to pick them up, either.

                  '“We have not gotten a huge influx of traffic specifically related to shopping for inaugural dresses,” Anastasia Thomas, an employee at Betsy Fisher, a D.C. women’s wear shop, said.'

                  https://www.yahoo.com/celebrity/d-c-dress-shops-di...

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                  Making The US Of A Profitable Again

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                      and Mex and China punches

                      I'm unable to say or write the name of the Venezuelan impostor illegitimate "Prez" because it means mature in Spanish, which he isn't. Likewise with the atrocity that's about to occupy the WH. Also Awmeri-we're so exceptional that we can do whatever to whoever wherever-caw. America is the whole continent from Canada to Argentina including the Carribean with hidden fortunes and rastafarian ganja folks and an in-uh-Usain lightning bolt. Ie much, much more than one country!

                      A businessman would be concerned about profitability and sustainability. This guy is only a wannabe diktator who's getting there by populist demagoguery. The ghost writer of the Art of the Screw - the real meaning of the title - is now profoundly sorry that he did that when he was much younger and didn't know better. This isn't just a train wreck waiting to happen or even a speeding bullet train on steroids, but a scramjet loaded with nukes that Bruce Willis can't stop.

                      Lucha libre is the Mex version of fake wrestling with more outrageuos costumes, but there's nothing fake about the potential Mex agro conterpunch. They can get corn and other foodstuffs from huge producers to the south instead of from Estados Unidos.

                      Then there's China, what can it do, hmmm? It's already selling US Treasuries and thus not helping the US to take on more debt, which will be needed for the greatness projects. Other countries too are seling USTs, importantly Saudi Arabia, but more about that later

                      For profitability, do this: Fully integrate North America, of which Mexico is the southern part. If you don't beleive me, look at the map. Let US Corps make the whole continent fabulously wealthy.

                      For sustainability, withdraw militarily from Eurasia and save a ton of money. Stop trying to establish a world empire. You really, really suck at that!

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                      Lessons From Coca-Cola, Nestle And More On Investing In Women Workers

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                          Zandile Nxumalo at her kiosk in South Africa. (Photo courtesy of The Coca-Cola Company) You’re probably familiar with the argument: investing in the economic empowerment of women drives growth for their families, communities and local markets. Studies show that women will reinvest up to 90 percent of income in their families ....
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