17 Facts About The Decline Of The U.S. Auto Industry That
Are Almost Too Crazy To Believe
http://theeconomiccollapseblog.com
( Warning Signs That We Should Prepare For The Worst http://albertpeia.com/prepareforworst.htm
)
‘Very
few things illustrate how dramatically America has been deindustrialized than
the stunning decline of the U.S. auto industry. Once upon a time, the
United States literally taught the rest of the world how to make cars. We
were the ones that invented the assembly line. We were the ones that
showed the rest of the world what mass production could do for an
economy. For decades, we produced more cars than anyone else and we sold
more cars than anyone else. Detroit was known as "the Motor
City" and our manufacturing prowess dominated the planet. But now
all of that has changed. Japan makes far more vehicles than we do
today. So does Germany. As you read this, state of the art
production facilities are going up all over China. Meanwhile, the U.S.
auto industry continues to rot and thousands upon thousands of good automotive
jobs continue to leave our shores. The rest of the world is making cars
better than we are, they are making them cheaper than we are and they really
don't care that many of our formerly great manufacturing cities are
turning into rotting, stinking hellholes. The U.S. auto industry was once
a symbol of American dominance, but now it is just a symbol of American
decline. If we want to remain a great nation, then we need to start
becoming great at making things once again.
The
following are 17 facts about the decline of the U.S. auto industry that are
almost too crazy to believe....
#1
The average age of an automobile in the United States has gone up more than 50%
since 1990 and is now sitting at an all-time record of 10.8 years.
The average length of a marriage in the United States that ends in divorce is
only 8 years.
#2
Germany made 5.5 million
automobiles in 2010. The United States made less than half that (2.7 million).
#3
When you add up salary and benefits, the average auto worker in Germany makes $67.14 an hour. In
the United States, auto workers only make $33.77 an hour in salary
and benefits.
#4
Back in 2000, about 17
million new automobiles were sold in the United States. During
2011, less than 13 million new automobiles were sold in the United States.
#5
Do you remember when the United States was the dominant manufacturer of
automobiles and trucks on the globe? Well, in 2010 the U.S. ran a trade
deficit in automobiles, trucks and parts with the rest of the world of $110
billion.
#6
Japan builds more cars than anyone else on the globe. Japan now
manufactures about 5 million more automobiles than the
United States does.
#7
In 2010, South Korea exported approximately 12 times
as many automobiles to us as we exported to them.
#8
According to the New
York Times, a Jeep Grand Cherokee that costs $27,490 in the United
States costs about $85,000 in China thanks to new tariffs.
#9
U.S. car companies are spending hundreds of millions of dollars building shiny
new automobile factories in China.
#10
In 1970, General Motors had about a 60 percent share of
the U.S. automobile market. Today, that figure is down to about 20 percent.
#11
The combined U.S. market share of the "Big Three" American car
companies fell from 70% in 1998 to 53% in
2008.
#12
Detroit was once known as the "Motor City", but in recent decades
automobile production has been leaving Detroit at a staggering pace. One
analysis of census figures found that 48.5% of
all men living in Detroit from age 20 to age 64 did not have a job during 2008.
#13
Today, only Chrysler
still operates an automobile assembly line within Detroit city limits.
#14
Since Alan Mulally became CEO of Ford, the company has reduced its North
American workforce by nearly
half.
#15
Today, only about 40 percent
of Ford's 178,000 workers are employed in North America, and a significant
portion of those jobs are in Canada and Mexico.
#16
The average Mexican auto worker brings
in less than a tenth of the total compensation that a U.S. auto
worker makes.
#17
In the year 2000, the U.S. auto industry employed more than 1.3 million
Americans. Today, the U.S. auto industry employs about 698,000
people.
Sadly,
it is not just the auto industry in America that is falling apart. In
fact, almost everywhere you look in our economy (and in our society as a whole)
there is decay and decline.
For
example, our infrastructure was once the envy of the entire globe. Today,
U.S. infrastructure is ranked 23rd.
Recently,
I wrote an article entitled "24 Statistics To Show To Anyone Who Believes That America
Has A Bright Economic Future". In that article, I
discussed many of the long-term trends that are systematically destroying this
nation.
Just
because we have had it so good for so long does not mean that it will always be
that way.
As
a nation, our wealth is declining.
A decade ago, the United States was ranked number one in average wealth per
adult. By 2010, the United States had
fallen to seventh.
We
lived off the wealth created by previous generations for a long time, but that
was not enough for us. We always wanted more. Eventually we started
going into massive amounts of debt so that we could keep this bubble of
"false prosperity" going.
Today,
when you add up all forms of debt in America, it comes to over 50
trillion dollars.
We
are a great nation that is in an accelerating state of decline.
We
have got to quit living off of the past accomplishments of previous
generations.
We
have got to quit being so lazy and decadent and spoiled.
There
is absolutely no guarantee that America will always be a great nation. In
fact, when great nations fall, it usually happens very quickly.
I'm
still proud to be an American, but the decay and the decline that I see all
across this country sickens me.
And
it should sicken you too…’