The Christmas season would be a reason to be merry, would it not be for Hugo Chavez. More details about his expropriation threats emerge. Turns out, Chavez did not just threaten to kick out Toyota for being lackadaisical in the production of “rustic” vehicles.
“President Hugo Chavez told foreign automakers Wednesday to share their technology with local businesses or they will be told to leave the country,” writes the Boston Globe. Chavez gave the ultimatum in wholesale fashion to Ford, General Motors, Toyota and Fiat. Implied, the ultimatum is also meant for Fiat-controlled Chrysler, for Mitsubishi, Mack and Fiat-owned Iveco. All of the above have production facilities in Venezuela. All are at risk of instant deportation.
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NMGOM - sirwired…. Your comments are in quotes: “1) Because the energy density is so low, higher pressures (or volumes) are required...
ect - +1. The company I worked for thorugh most of the 90′s was a supplier to all of the D3. Chrysler’s renaissance after the departure of Iacocca was...
Onus - My friends mom had one of these in 4 cylinder form until 2 years ago. Freaking destroyed the thing. To her and my friend it was just a...
TW4 - Gasoline tax isn’t smart, either. The US is a widely dispersed population that relies heavily on labor mobility to...
Onus - Yup same transmission. The MTX-75. Its the 5 speed that still comes in the focus. It was designed for the mondeo if you believe...
TW4 - –
ect - Australia’s currency will fluctuate with commodity prices. Over the last 150 years, the trend line for commodity...
ect - Currency rates are governed by economic fundamentals. It may be politically convenient to blame “foreign...
Athos Nobile - Thanks for the invitation :). Your second one. How’s crime over there? is the police (or the gov) as corrupt as the Venezuelan one? How close is...
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