Government Subsidies to Foreign Car Companies

[FreakinDJ]

Government Subsidies to Foreign Car Companies

As Republican politicians, mostly from the South, rant and rail against the UAW and insist that the "free market" should be allowed to take down American car companies, it is helpful to keep in mind that most of the foreign car companies received subsidies to build plants in America. Good Jobs First, a group promoting green economic development, released a study of what foreign car plants received government subsidies. Here is a list of such companies and the amounts they received:

Honda, Marysville, Ohio, 1980, $27 million*

• Nissan, Smyrna, Tenn., 1980, $233 million**

• Toyota, Georgetown, Ky., 1985, $147 million

• Honda, Anna, Ohio, 1985, $27 million*

• Subaru, Lafayette, Ind., 1986, $94 million

• Honda, East Liberty, Ohio, 1987, $27 million*

• BMW, Spartanburg, S.C., 1992, $150 million

• Mercedes-Benz, Vance, Ala., 1993, $258 million

• Toyota, Princeton, Ind., 1995, $30 million

• Nissan, Decherd, Tenn., 1995, $200 million**

• Toyota, Buffalo, W.Va., 1996, more than $15 million

• Honda, Lincoln, Ala., 1999, $248 million

• Nissan, Canton, Miss., 2000, $295 million

• Toyota, Huntsville, Ala., 2001, $30 million

• Hyundai, Montgomery, Ala., 2002, $252 million

• Toyota, San Antonio, Texas, 2003, $133 million

• Kia, West Point, Ga., 2006, $400 million

• Honda, Greensburg, Ind., 2006, $141 million

• Toyota, Blue Springs, Miss., 2007, $300 million

• Volkswagen, Chattanooga, Tenn., 2008, $577 million

Total: more than $3.58 billion

http://mcdac.blogspot.com/2008/12/government-subsidies-to-foreign-car.html

[DainBramaged]

1. Alabama & Tennessee sure be handin out them checks to the Transplants

Ya think Shelby and Corker in Tennessee has a stake in those horses?

[EndElectoral]

2. Great post. Repubs don't care about taxpayer money, they just want to bust the unions.

[madrchsod]

3. the workers in the american german plants are working

for 40 ct per dollar less than the german workers are. the japanese companies profits from their us operations subsidize their japanese plants.

the canadians are giving more per person than we are to keep gm and chrysler going......

[Merlot]

4. Toyota overtook Ford (or GM?) in sales for the first time this year

Is this part of the reason why?