Starting a company?

Question

What are your opinions on a fourth American car company?

Answer 1

Good way to loose $4 billion a year ...

1) American workers are highly Unionised .. this means they have massive 'benefits' .. indeed, every car sold 'made in America' carries (I believe) at least $1000 in workers benefits (medical, Pension etc etc) == and since the difference (between US & foreign worker costs) is so great, it's significantly cheaper to import from Japan, Korea and India/China than it is to 'make in USA'

2) To set up a car manufacturing Co. 'from scratch' requires massive capital investment .. especially as to compete on cost, it will have to be essentially 100% robotised (minimium work force)...

3) Companies making ANYTHING in USA are open to MASSIVE legal opposition and liabilities .. starting with environmentalists opposing your building plans to accident victims claiming that the car is to blame for their injuries (after they walked in front of it ...) ... in my view anyone choosing the USA (rather than China, India, Brazil etc) to setup a new Business would have to be insane ..