Car Company Gets U.S. Loan, Builds Cars In Finland

[GeezerMan]

http://abcnews.go.com/Blotter/car-company-us-loan-builds-cars-finland/story?id=14770875

Here we go again. Over 500 million bucks in a taxpayer backed loan to a car company that is building cars in Finland. At least the cars are very affordable, only $97,000 each.

 

[Lithium381]

Good. Just as long as they're allowed to bring profits back the US....oh wait, an unfavorable tax climate prevents that

 

[Capt Caveman]

You should read the article. Both of you.

 

[Patranus]

And Obama wants to raise my taxes. LOL.

 

[GeezerMan]

And Obama wants to raise my taxes. LOL.

don't be a whiner. Just go to Finland and get one of those car jobs we are paying for.

 

[tweaker2]

Good. Just as long as they're allowed to bring profits back the US....oh wait, an unfavorable tax climate prevents that

Blame Bush. Obama is just continuing what Bush/Cheney signed off on.

 

[SilthDraeth]

From the article.

"There was no contract manufacturer in the U.S. that could actually produce our vehicle," the car company's founder and namesake told ABC News. "They don't exist here."

 

[dmcowen674]

From the article.

"There was no contract manufacturer in the U.S. that could actually produce our vehicle," the car company's founder and namesake told ABC News. "They don't exist here."

It's fraud and the company founder should be in Federal prison.

 

[Doppel]

I find it hard to believe that FINLAND is capable of producing this but the US isn't. Also extremely coincidental I'm sure that the founder of the company is from Denmark and just happened to find manufacturing next door.

 

[Broheim]

I find it hard to believe that FINLAND is capable of producing this but the US isn't. Also extremely coincidental I'm sure that the founder of the company is from Denmark and just happened to find manufacturing next door.

Because the US has such a solid history of superior quality and technologically advanced vehicles. It's not like you still build cars with live rear axles.

 

[Doppel]

Because the US has such a solid history of superior quality and technologically advanced vehicles. It's not like you still build cars with live rear axles.

Well, obviously its car manufacutring history pales in comparison to the great Swedish automotive lines

 

[Broheim]

Well, obviously its car manufacutring history pales in comparison to the great Swedish automotive lines

volvo
saab
koenigsegg
(Scania (they only make commercial trucks))

that's the most succesful swedish manufactorers that are still producing cars.
all highquality and/or innovative cars.

 

[Ausm]

You should read the article. Both of you.

:thumbsup::thumbsup:

 

[Doppel]

volvo
saab
koenigsegg
(Scania (they only make commercial trucks))

that's the most succesful swedish manufactorers that are still producing cars.
all highquality and/or innovative cars.

lol

http://en.wikipedia.org/wiki/Automotive_industry#By_country

 

[Broheim]

lol

http://en.wikipedia.org/wiki/Automotive_industry#By_country

quantity != quality

I understand the Ford F-150 lightning is the best selling truck in America, but when Jeremy Clarckson drove it he called it the worst car he's ever driven.

 

[LTC8K6]

quantity != quality

I understand the Ford F-150 lightning is the best selling truck in America, but when Jeremy Clarckson drove it he called it the worst car he's ever driven.

What?

1993-95 11,563 total sold
1999-04 28,124 total sold

 

[Doppel]

quantity != quality

I understand the Ford F-150 lightning is the best selling truck in America, but when Jeremy Clarckson drove it he called it the worst car he's ever driven.

This argument is ridiculous. Shame on me for engaging. Parting shot: Saab is all but dead and Volvo is owned by a Chinese company.

 

[LTC8K6]

http://www.greencarreports.com/news...karma-20-mpg-on-gasoline-32-mi-electric-range

20mpg when running on gasoline...

 

[Doppel]

http://www.greencarreports.com/news...karma-20-mpg-on-gasoline-32-mi-electric-range

20mpg when running on gasoline...

Damn. That is seriously weak. Tesla S looks to smack that down hard, even without a gas-range extending 20 mpg.

 

[Broheim]

This argument is ridiculous. Shame on me for engaging. Parting shot: Saab is all but dead and Volvo is owned by a Chinese company.

sigh

I fail to see why any of this is relevant on any level.

parting shot: you said Finland is right next door to Denmark, it's not, way to be an American stereotype. want a flag you can wave?

 

[Engineer]

And Obama wants to raise my taxes. LOL.

You make more than $1,000,000 per year?

Oh..that's right...everyone on ATOT does.

And based on your flat tax comments, you want to raise your own taxes.

 

[Doppel]

sigh

I fail to see why any of this is relevant on any level.

parting shot: you said Finland is right next door to Denmark, it's not, way to be an American stereotype. want a flag you can wave?

Oops meant sweden

 

[soulcougher73]

I guess the gov figured if the corporate "job creators" can create jobs overseas so can the gov I mean it totally helps out the US why not lol

 

[PricklyPete]

Did any of you read the article? They have bought a plant in Delaware that they plan for future use. The Finland is a short term solution.

While we're on it, can you name one contract automotive facility in the US that is up to the standards of Valmat Automotive...the same company that currently puts together the Porsche Cayman/Boxster for Porsche?

This plan has been in place for a while and was well known. They have not been wavering in their desire to bring production to Delaware, it is just a matter of time/funding.

I'm not some huge proponent of Fisker. Being an automotive startup is difficult and I wish them the best of luck (as I do to Tesla as well) in their endeavors...especially if it will lead to more jobs here in the states down the road.

 

[LTC8K6]

The car just doesn't make any sense at all to me, though. I wouldn't have loaned them money to build a car with those specs and price, pretty or not.