I have been toying with an idea for a new domestic automaker. I intend to capitalize on the current unemployment and underemployment problem.

There are 40 million americans unemployed right now..and millions more underemployed. Thats over 40 million potential customers/workers!

Buy my car...Get a job with a minimum wage (with benefits) of about 45k working for my company. (You will make enough to buy a home, provide for your family, pay taxes, and still have enough left over to make your payments on our car.)

The cars and trucks (and ALL the parts and steel) will be completely made BY Americans FOR Americans. They will be more expensive than the competitions, but my customers/workers will be making more money than any competition. Quality and design should be no problem, as basically the workers are designing and building their OWN cars.


I will be hiring people with MANY diverse skills, and later can use the best ones to oversee if I decide to open other businesses. Banks, real estate, stores, constuction, etc.

I do not expect to sell many of these cars to people who are currently happy with their jobs and wages. But 60 million people is a pretty good sized customer base. It will take millions of workers quite awhile to build millions of cars. I expect them to be sold even before they are completed. (ordered)

I can then use the millions of orders to secure financing to snatch up all the competitions closed factories, equipment, and dealerships. I will also be getting their best human resources. Designers, engineers, etc.

However, should ANY of my employees use their increased wages and purchase one of my competitions cheaper vehicles...They will be let go, so they can go to the cheaper competition for a job.

Would you buy a car from me? Have any additional ideas that improve upon this idea? let me know what you think of this idea and deal. Should I pursue it further?



(Although I do NOT expect to sell these cars and jobs to those who are happy with their current employment and wages.)

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Stimulas Package? Means you get a paycheck you have to repay with interest!

Even worse...you have to repay your paycheck with interest to the guy in China who now has your old job!

Much worse...He uses the money he makes from your job, and the interest you pay him, to buy your foreclosed home and property!

Moved to appropriate forum

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The essence of tyranny is the denial of complexity; where everything is made simple, and in that simplification the truth is lost.

If I pay my lowest worker 45K for a 8/40...how much will my cars cost them?

There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
Henry Ford

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Stimulas Package? Means you get a paycheck you have to repay with interest!

Even worse...you have to repay your paycheck with interest to the guy in China who now has your old job!

Much worse...He uses the money he makes from your job, and the interest you pay him, to buy your foreclosed home and property!

in a staertup scenario with all domestic components including steel, probably about $100K. maybe more. for a Chevy class car.

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Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

No way. It wouldn't be that much.

You have to figure you would be buying huge amounts of materials in bulk to build millions of cars. That would save alot right there.

You also have to factor in, you would be making payments on the loan, and the cars would also be providing interest income as well.

I would save money where-ever possible. Just not wages. Nor would I use the classic scam of getting 1 worker to do the workload of 3 for the price of one.

I really need to get a better idea of how much these cars will cost. I HAVE to be able to pay my workers enough to afford homes, taxes, provide for their families, and have enough left over to pay for their cars.

Thats exactly what Henry Ford did, and it worked. You can't make your cars too expensive..because they will buy the cheaper competitions' cars..they will have to. and YOU will end up out of business.

__________________
Stimulas Package? Means you get a paycheck you have to repay with interest!

Even worse...you have to repay your paycheck with interest to the guy in China who now has your old job!

Much worse...He uses the money he makes from your job, and the interest you pay him, to buy your foreclosed home and property!

you planning on fabricating all the components yourself or buying them from someone else ?

If you make them yourself, where do you get your raw materials ?

If you buy, how do you guarantee domestic only ? (remember the dog food problem last year ?)

If you make it yourself, huge start up costs and issues with raw material sourcing.

How much did DeLorians cost ? Thats your business model. They were not expensive because they were good.

Its an interesting idea but totally unworkable.

Figure instead on buying, say, Pontiac. Then gradually attempt to resource compoinent and assembly as you envision. You will discover its easier said than done doing what you wish to do. Beginning with getting financing.

__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

You can buy a hand made ferrari, lambo, or RR for 100K. There is NO way an american made, assembly line made car could be that expensive.

Delorian is not my business model. He sold to americans, but the cars were not made by americans.

I could save a TON of money and side step the entire R&D process by buying a couple examples of the top selling, best foreign and domestic cars, studying them, improve them a little, and make and sell my personalized copies of them.

THAT should bring the cost down. LOL

Let my competition do my R&D work for me. They have to mark up the price of their cars to recoup their R&D expenses, allowing me to under cut them.

I can sell my customer the same cars as them, without their added R&D costs.

In effect, using their own R&D against them.

__________________
Stimulas Package? Means you get a paycheck you have to repay with interest!

Even worse...you have to repay your paycheck with interest to the guy in China who now has your old job!

Much worse...He uses the money he makes from your job, and the interest you pay him, to buy your foreclosed home and property!

I doubt you can buy any of those tor 100k and they all have established production chains, you do not.


ground up, its the same.


try it, see what happens

oh, and how are you going to get people who can safely perform assembly line work to do it for 45k ? and were you planning on allowint the UAW in the shop ?

__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

If an employer treats his workers correctly, fairly, and pays them correctly, I see no reason for a union to protect them. But if they want to pay some of their money to the union for nothing, fine by me.

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Stimulas Package? Means you get a paycheck you have to repay with interest!

Even worse...you have to repay your paycheck with interest to the guy in China who now has your old job!

Much worse...He uses the money he makes from your job, and the interest you pay him, to buy your foreclosed home and property!

Fair enough. That limits where you may open your plant. Could be very troublesome if you intend to buy a shuttered one though there is one here in Virginia.

__________________
Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

Jesus loves you, allah wants you dead

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

Businesses need to start treating their employees more like their customers. Cause especially in the automaker field, they are.

The problem is, it is not currently cost effective to do so...you cannot compete with other companies who take away from their employees, to provide a lower cost to their customers.

That is the basic problem with businesses in US. They are all trying to take away from their workers, to give saving to their customers, so they can compete with foreign cheap labor. The workers have no choice but to take pay-cuts..cause if the company folds, and cannot compete, the workers lose their jobs.

If changes are not made to reverse and fix this problem, NO american business is going to live much longer.

__________________
Stimulas Package? Means you get a paycheck you have to repay with interest!

Even worse...you have to repay your paycheck with interest to the guy in China who now has your old job!

Much worse...He uses the money he makes from your job, and the interest you pay him, to buy your foreclosed home and property!

this is a terrible idea.

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"My country is the world, and my religion is to do good." --Thomas Paine

What makes you think so?


There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
Henry Ford

Was HF wrong?

__________________
Stimulas Package? Means you get a paycheck you have to repay with interest!

Even worse...you have to repay your paycheck with interest to the guy in China who now has your old job!

Much worse...He uses the money he makes from your job, and the interest you pay him, to buy your foreclosed home and property!

Has it ever occured to you that most of the chronically unemployeed and underemployed are so because they are so lacking in basic knowledge, skills, and responsibility, that they are not generally capable or reliably providing services worth the current legal minimum wage to employers? Basically what you propose is a business model where you would be dramatically overpaying your workers. Not a recipe for success.

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"It's a good feeling to shoot a bad guy. Something you democrats would never understand. Americans are homesteaders, we want a safe home, keep the money we make, and shoot bad guys!"

----Denny Crane

mainly for the reasons daddio mentioned.

also in post #7 you mention driving down costs by buying other companies R&D but what makes you think you'll be able to buy it for anything less than what it costs to perform it yourself?

you also mention that competitors who sell you their r&d will have to increase their prices to recoup their lost r&d expenses...this makes no sense because they're not going to knowingly sell you something at a lower price than what it cost them to produce in the first place.

ford wasn't wrong, but you are.

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"My country is the world, and my religion is to do good." --Thomas Paine