Jump to content

Chavez to automakers: share know-how or leave


Recommended Posts

Link to Story

 

Venezuelan President Hugo Chavez told foreign automakers to share their technology with local businesses or they will be told to leave the country.

 

Chavez gave the ultimatum to Ford, General Motors, Toyota and Fiat during a public ceremony in the Venezuelan capital. There was no immediate response from the companies, which all have assembly plants in Venezuela.

 

If his demand isn't met, Chavez said, "I invite you to pack up your belongings and leave. I'll bring in the Russians, the Belorusians, the Chinese."

 

--more at link--

Link to comment
Share on other sites

government sanctioned theft.

 

Ford should just pack up and leave.

 

Chavez can have those crappy Russian and Chinese cars.

 

He's also been known to seize foreign assets. Just ask the oil companies.

 

If Ford announced that they were going to pack up and leave, they may not get the chance to pack up. He could very well walk in and say "MINE!"

 

Who knows, maybe in a couple of years Venezuelan's will have the opportunity to buy the Bolivarian Explorer with the Ahmadinejad trim.

Edited by LincolnV
Link to comment
Share on other sites

Why is it called socialism when Chavez takes over companies but necessity when Obama does?

 

 

It isn't even close to the same thing. GM and Chrysler came to the Feds hat in hand for a bailout. They got taxpayer money with strings attached. If they had no other options that was due to their poor planning and mismanagement. Chavez is an assclown who wants to take their assets and technology. I would support Ford leaving Venezuela and concentrating on Brazil and the rest of South America. Let Chavez have Russian and Chinese cars. We'll see how popular that is with his countrymen.

Link to comment
Share on other sites

It's the people who can't afford cars that vote for Chavez. The citizen's who can would like nothing more than to see his ass thrown out of office.

 

 

That is undoubtedly true. I don't think the Russians or Chinese will set up shop in Venezuela of share their technology with the locals. Either way it won't benefit the people at the bottom who need jobs.

Link to comment
Share on other sites

The irony is that the Communist Chinease ARE using GM, Ford, VW (among other Capitalist builders from Capitalist countries) to build cars there.

 

And this is how they will get our technology. We partner with the Chinese, they have it and they will pass it along to Chavez. So even if we refuse, Che... ummm Castro... I mean Chavez still gets it.

Link to comment
Share on other sites

Look, Venezuela doesn't have the infrastructure to support "high tech" car manufacturing. They don't have enough people with the technical education, they don't have all the small service industries that sub-assembly manufacturing plants require.

 

The Chavez socialists also resent the educated techies in their country.

 

Anyway, IMHO, with plants in Mexico, Brazil and Argentina, if Chavez forces the situation, it would not be of great importance.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...