The Truth About Cars » auto parts http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 18 Apr 2014 22:58:29 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.1 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » auto parts http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Canadian Built Cars Have The Most Foreign Parts Content http://www.thetruthaboutcars.com/2013/05/canadian-built-cars-have-the-most-foreign-parts-content/ http://www.thetruthaboutcars.com/2013/05/canadian-built-cars-have-the-most-foreign-parts-content/#comments Fri, 10 May 2013 14:57:56 +0000 http://www.thetruthaboutcars.com/?p=488057 2010ChevroletCamaro-05-1

More than any other country, Canadian-built vehicles seem to have an inordinate amount of foreign parts content, according to a study done by Scotiabank Economics.

The Windsor Star reports that Canadian made cars have an average of $15,000 worth of foreign parts content, compared to $11,000 in the U.S., $10,500 in Mexico and $10,000 in Western Europe. The global average is said to be $7,400.

Scotia’s chief economist Carlos Gomes cited engines as the costliest foreign component, stating

“Despite several top-notch engine plants in Canada, over 80 per cent of all vehicles built in Canada contain imported engines.”

Transmissions and electronic systems also rounded out the top 3, and Gomes noted that the lack of a strong base for these kinds of parts means Canada’s auto parts trade deficit will only expand in the future. Furthermore, the vast majority of Canadian auto parts are not exported, which doesn’t help matters

 

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Hammer Time: The Trickle Down Effect http://www.thetruthaboutcars.com/2013/02/hammer-time-the-trickle-down-effect/ http://www.thetruthaboutcars.com/2013/02/hammer-time-the-trickle-down-effect/#comments Mon, 04 Feb 2013 14:00:11 +0000 http://www.thetruthaboutcars.com/?p=476187 Click here to view the embedded video.

Local propaganda almost always serves to screw the little guy. With rare exception, it never fails to do so.

We need a new stadium!”, cries the billionaire whose team already got one just two decades go. “Please pay for it John Q Public!”

“Hey! What about me?”, screams the local electric company CEO. “We really need to double the monthly service charge for our  local residents to manage our costs. But let’s also throw in a double digit rate reduction for those who use a lot of energy. Like the billionaire and his businesses. After all, they create the jobs out here!”

And the story drones on. The trash company that owns a multitude of companies that have virtually nothing to do with trash, wants to hike your bill.  Because they need to hit their numbers. Just like everybody else.  The insurance company. The gas company. The local government. The state government. Heck, every local monopolist and oligopoly is thrusting their well oiled lobbyist machines right at your shrinking wallet.

Guess who else is doing it now? The auto parts stores.

I now pay as much for conventional motor oil as I did for synthetic just a few years ago. Battery prices have nearly doubled. Items that used to only come in small containers, such as brake fluid and power steering fluid, are now heavily marketed in containers bigger than your head. For just a mere few cents of extra liquid the nationwide auto parts chain can improve their profits by “Big Gulp” margins.

Who pays? You do. Not to mention your shrinking shelf space in the garage.

This tactic of suckering in the consumer with the allure of the large item is nothing new. During my last visit to ‘Cheap Discount Auto Parts Emporium’ I could have sworn I heard the intercom speaker blare out the following in their classic phony, cheesy shopping voice.

“Attention customers! Need to tackle a big job? Why just buy the Titanic version of our bountiful fluids! The more you spend,  the more you save!”

Then the voice got slightly more sinister.

“Just make extra sure you don’t kick over that bottle while doing it Mister D I Y. In which case we also have a gallon of driveway cleaner for only $19.99.  Oh, and before you forget, since your tranny is also going south, please make sure you also buy 10 small quarts of our store brand transmission fluid instead of two large containers. We’re hiding those in the back for our commercial customers. Have a nice day!”

And they are hiding them in the back for now. When I asked our store manager for the five quart containers of the store brand tranny fluid, she couldn’t locate them. Anywhere.

They turned out to be in the back room along with all the other discontinued items.

Folks, if this keeps up we’ll have to rid ourselves of all those wonderful cheap beaters. Apparently it costs too much money to be cheap these days.

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