Last post on May 20, 2013 at 10:17 AM
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With parts coming from everywhere, does "Buying American" have much meaning anymore? Is quality and price the bottom line?
#16799 of 18079 Re: flats... [gagrice]
Feb 01, 2013 (4:46 pm)
That would be tough to take. Wagoner got a $23 million pension package guaranteed when he left. That is bad considering he took GM from $70 per share to under $4 per share in 8 years. And lost 10% of their market share.
LOL, sign me up. I promise to give at least 1/2 away to charity;)
#16800 of 18079 Re: flats... [dieselone]
Feb 01, 2013 (5:28 pm)
That is over $500,000 per year if he lives to 100. The stockholders should have sued him for every penny he had. Too many of these execs have cost companies huge amounts of revenue, then walked away with their pockets filled. If you make money for your company, good pay is deserved. Wagoner ran GM down from the moment he took over in 2000. He lost them money when it was flowing like a river.
#16801 of 18079 Fastest car on earth MADE IN USA
Feb 10, 2013 (11:16 pm)
January 10, 2013. HOUSTON, Texas – Hennessey® Performance (HPE) today announced that on January 10, 2013 its street-legal Venom GT® supercar accelerated from 0-300 km/h in just 13.63 seconds, thus establishing the vehicle as a new record holder according to Guinness® WORLD RECORDS (GWR). The acceleration time was an average of two runs made in opposite directions within one hour and validated by a VBox 3i GPS-based data logging system. VBox officials were on hand to certify the numbers as required by Guinness® rules. The first run was completed in 13.18 seconds with a 4 mph tailwind. The second run was made in 14.08 seconds while encountering a 6 mph headwind. The resulting two-way 0-300 km/h average was 13.63 seconds.
Hennessey® only plans to build a total of 29 Venom GTs, with one-third of the production run already being sold. Thus, the Venom GT® is not only the fastest accelerating production car in the world, it’s also one of the most exclusive. The Venom GT® costs $1.2 million US Dollars plus shipping and not including options. Each vehicle is custom built to order and requires six months for completion
#16803 of 18079 Re: Fastest car on earth MADE IN ENGLAND BY AMERICAN COMPANY! [gagrice]
Feb 11, 2013 (4:22 am)
The car is assembled in Silverstone, England. The chassis is a modified Lotus Exige chassis, also built in England.
The engine comes from Texas, but is sent to England to be mated to the car.
The company itself is headquartered in Texas where they build the engine, which begs the question of why they export the engine for assembly instead of importing the chassis.
#16804 of 18079 Re: Fastest car on earth MADE IN ENGLAND BY AMERICAN COMPANY! [bpizzuti]
Feb 11, 2013 (6:20 am)
Thank you Paul Harvey, now I know the rest of the story. I tried to find that info on their website. It is possible most of their sales are in the EU. May save on corporate taxes as well. Many good reasons NOT to build stuff in the USA. At least an American nameplate holds the record.
#16805 of 18079 Re: Fastest car on earth MADE IN ENGLAND BY AMERICAN COMPANY! [gagrice]
Feb 11, 2013 (8:16 am)
It's the modern day Shelby Cobra, basically.
Still, inside beats an American heart.
#16806 of 18079 Re: Fastest car on earth MADE IN ENGLAND BY AMERICAN COMPANY! [gagrice]
Feb 11, 2013 (9:25 am)
You can offer lower corporate taxes when you aren't a policeman enslaved to the military-industrial monster controlled by offshore entities, and don't offer endless pity me policies for the top few.
I doubt many of those sell at all, it's fast - but just a little odd, and isn't ostentatious.
#16807 of 18079 Re: Fastest car on earth MADE IN ENGLAND BY AMERICAN COMPANY! [fintail]
Feb 11, 2013 (9:36 am)
The price of $1.2 million does limit the buyers. However it will sell out the 29 units they plan to build with no problem. We have a lot worse problems than our military industrial complex. One of the few industries still providing good jobs to Americans.
#16808 of 18079 Re: Fastest car on earth MADE IN ENGLAND BY AMERICAN COMPANY! [gagrice]
Feb 11, 2013 (9:46 am)
Selling those all might take time - the typical show off royalty supercar driver wants bling, a Veyron or Pagani etc.
Those "jobs" are subsidized by the taxpayer (aka debt and deficit) and exist only because of our idiotic foreign policy. They most certainly are not legitimate free market jobs. Rand and Mises and the rest of the dreamers would not approve.