Where's the Bayliner forum? them guys will know
Originally Posted by CAP071
Dayyuuuum. Thats cold!!!!
Where's the Bayliner forum? them guys will know
If you can sell a new 2006 175 Bayliner for $9995 with a 3.0 Mercruiser and trailer,where do you think it was built? And not too many people know that the 3.0 Mercruiser engine has been built in Mexico for the last maybe 20 years. Drive is still built in OK,how long will that last?
Wow, this thread took off pretty quick. Thanks for all the opinions. What I'm wondering is if they are or going to build outboards and small boats in China ....How long will it be before some of the more mainsteam stuff we are all interested in goes over there? Blocks, Components, Complete Engines, Outdrives, Maybe Even the Hi-Performance Division. Whatcha Ya Think?
everything will soon be built there! they have people traveling the world buying up resorces at such a great volume and selling it back to us!all most all of our scap metal goes there! and yes you guessed it,oil! they are buying so much oil that it has caused our price to double!so when hurts at the pump,think china! take a look at a walmart,target, and even large automotive parts stores ,next time your in there,pic something up and see were its made,9 out of 10 times it will say china! hell,even home depot!
China just opened it's first yacht club last week. Saw an article where Brunswick has a marina on a lake, teaches Chinese to boat and sells them the product. This is a new thing to mainland Chinese, as many now have money and time to spend on such things. Never happened under the Mao communists, he'd roll over in his grave to see Chinese buying yachts.
It is of course, the beginning of the decline in the west and the rise of China. Sad, but true. About the only things we can sell them now ex natural resources, are software and movies. Since the last two items are widely copied over there, we earn very little from these "value added" products.
A trade war would wreck our economy more than theirs, now that we are dependent on cheap Chinese products and their purchase of our huge government debt.
Maybe Mao would not roll over in his grave. He did say "Capitialists would compete for the rope to hang themselves with" and we are doing it. Boats are the next target market, investors are raising millions for this right now. Buy your next twin engined high performance boat for about $59K?
Last edited by CBR; 10-17-2005 at 12:12 AM.
Regarding the price of oil: yes, China and India are buying more oil than ever. However, no matter what your politics are, consider this; right or wrong, before Dubya decided to go to war Iraq they were putting out around 5 million barrels a day and oil was trading around $30 a barrel. Since the invasion Iraq is now lucky to put out 2 million barrels a day.Originally Posted by JJONES
(FYI the combined output of the entire Gulf of Mexico is only about 2.5M barrels of oil a day.)
The price of oil has risen from $30 to near $70. The missing 3M barrels a day that Iraq is no longer putting on the world market and the risk premium that oil futures traders must price into their contracts because terrorists are now trying to blow up the pipelines every day are the principal reason for the price increase. Go to war with one of the world's major oil suppliers and cut their production by nearly 2/3's at a time when China and India are buying more oil to feed their growing industrial base and you get $70 a barrel oil. Just chalk up about 3/4 of the increase in the price of oil as another cost of the war in Iraq.
The Beak be gone
See OSO Forum Thread at:
CHINA's POWERBOAT INDUSTRY
Are bravos chinese junk or american junk?
The crappiest part of this is that with the manufacturing heading overseas, how much of the savings ends up in the general consumer's pockets? Answer: NONE. The profits are going to go to the shareholders, so maybe it is a good time to buy stock, not motors though. Though the Chinese are making better quality items everyday, so they probably will be ok once the bugs are worked out.
Sad state of affairs, but EVERYONE is moving manufacturing overseas if they are in a competitive business segment. You can't afford not to if your competition is, because your expense P/E ratio won't cut and you will lose.
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