Comments on: Oink, oink, oink: Auto parts suppliers want $20.5 billion

By: Danceswithdachshunds

Danceswithdachshunds — Thu, 05 Feb 2009 19:30:07 +0000

robhic said:....So why are parts manufacturers crying? Seems like folks will be keeping their older cars longer and would need parts. No? So parts business should be up. ...

Indeed you are correct, the after-market parts business is very much up and doing quite well in ... China! It's a little dated but says here -

Statistics from the China Association of Automobile Manufacturers show that China's exports of auto parts grew at 54 percent annually from 2000 to 2005, far outpacing the 29.5 percent rise in imports.

(Is there much of anything at of these cheap auto parts stores that isn't made in China?)

By: Oink, oink, oink: Auto parts suppliers want $20.5 billion — But As For Me

Oink, oink, oink: Auto parts suppliers want $20.5 billion — But As For Me — Thu, 05 Feb 2009 19:19:23 +0000

[...] Read this post » [...]

By: vsatt

vsatt — Thu, 05 Feb 2009 18:02:35 +0000

That was my first thought too robhic

By: rightisright

rightisright — Thu, 05 Feb 2009 18:00:53 +0000

How did all these businesses stay operational before the bailouts and stingus package came along? Just curious.

By: madmonkphotog

madmonkphotog — Thu, 05 Feb 2009 17:33:13 +0000

For asking for that money, Saturn should fix my seat warmer for free.

Even though I’m never buying an American car again.

By: No Runny Eggs » Blog Archive » The Morning Scramble/Open Thread Thursday - 2/5/2009

Thu, 05 Feb 2009 17:21:38 +0000

[...] to the inedible pork – Michelle Malkin reports the next in line for the teat are auto parts suppliers to the tune of $20.5 [...]

By: robhic

robhic — Thu, 05 Feb 2009 17:17:30 +0000

Now wait just a minute. The car manufacturers are in crisis. New cars aren’t getting sold.

So why are parts manufacturers crying? Seems like folks will be keeping their older cars longer and would need parts. No?

So parts business should be up. I feel this is just a “why not give it a try” request.

Everybody else is doing it…

By: Common Sense

Common Sense — Thu, 05 Feb 2009 16:38:11 +0000

I think I should get a bailout equal to all of the taxes I paid last year.

By: Laree

Laree — Thu, 05 Feb 2009 15:42:51 +0000

Imus had his brother on this morning who used to like Obama, he has some problems with the New President including this stimulus.

http://youhavetobethistalltogoonthisride.blogspot.com/2009/02/fred-imus-proves-radio-is-still.html

By: Mister P

Mister P — Thu, 05 Feb 2009 15:24:14 +0000

Instead of controlling what CEO’s make in salaries, how about ‘Bambi restricts any company taking bailouts from contributing to any political party for the period of their payback loans? My, wouldn’t that throw a kink in campaigns!

In other words, politicians would have to return all funds. Lets start with those who took Fannie Mae and Freddie Mac funds.

By: Mister P

Mister P — Thu, 05 Feb 2009 15:22:54 +0000

Yes soon there will be hyperinflation, remember Jimmy Carter? How does printing massive amounts of money do anything, except devalue your currency.

We are already in hyperinflation. Prices just haven’t caught up yet, as we must first go through existing inventory.

By: richardbo

richardbo — Thu, 05 Feb 2009 15:08:53 +0000

DogBreath–#2. Apology accepted.

By: ScoopPC11

ScoopPC11 — Thu, 05 Feb 2009 14:46:19 +0000

Does anyone know where there is a list of suppliers that are asking for these handouts? I’m curious to see if the company my husband works for is on this list.

By: WarTip

WarTip — Thu, 05 Feb 2009 14:40:42 +0000

You know, I remember the days when people could wish in one hand and the other one would fill up first. Nowadays, it looks like that is all we are going to get for our hard-earned tax dollars.

By: TXGator

TXGator — Thu, 05 Feb 2009 14:30:13 +0000

Well, as long as the price tag is reasonable.
What could go wrong?