High end German car manufacturers to cut MRSP by 15% in 2008 in CANADA

[lucid]

Originally Posted by GregW / Oregon

Not only government spending counts, all our spending. Every time we by a Chinese or German product we are tipping the trade deficit, which has a real impact on the value of the dollar. I'm not going to quit buying Euopean items, but I sure try to limit my buying of Chinese ones (getting harder all the time).

This is what brings your Walmart goods from China (1,302 ft.x 207. ft., 110,000 hp, 31 kt, Net cargo - 123,200 tons capacity - 15,000 TEU {1 TEU = 20 ft3 container}):

When it comes to buying Chinese products, I believe the counterpoint is that by freeing ourselves of the manufacturing burden, we can focus on higher margin tasks such as design, management, and emerging technologies, and sell the outcome of those back to China. My understanding is that it is not playing out that way though.

[Tobizach]

Originally Posted by lucid

When it comes to buying Chinese products, I believe the counterpoint is that by freeing ourselves of the manufacturing burden, we can focus on higher margin tasks such as design, management, and emerging technologies, and sell the outcome of those back to China. My understanding is that it is not playing out that way though.

I somewhat agree with that as well.

[mickey knox]

Just read in the news that Porsche has indeed dropped the prices of all their vehicles and accessories by an average of 10% in Canada to reflect the high dollar. It will be interesting to see how it all plays out over time.

[Los Angeles]

Originally Posted by GregW / Oregon

IMO we're spending too much on certain foreign "activites" and gone to far into debt.

3 Trillion total dollars to be exact.



Sheesh! gimme 1 billion and we'll call it even. j/k..

[schnell325]

On www.porsche.ca all the prices are To Be Announced....interesting.

It is unfortunate thought, that with the price decreases for new vehicles, the trade-in//resale value of your currently owned vehicles will follow suit too.

[T Bone]

Originally Posted by schnell325

On www.porsche.ca all the prices are To Be Announced....interesting.

It is unfortunate thought, that with the price decreases for new vehicles, the trade-in//resale value of your currently owned vehicles will follow suit too.

Porsche drop the price 4 weeks ago......my neighbor bought a new GT3. They contacted me as well trying to sell a 911 Turbo

I feel for those who bought in 2007....