Oh yeah?

BMW is cutting plants in Germany and instead are planning to move production to the United States.

Mercedes already has plants Alabamba.
I'd imagine BMW would follow it's rival and locate it's plants in one of the souther U.S. states.

The koreans already have a $1Billion plant nearby.

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"who pissed in your cheerios of life"?

What's your point, Rad?! This thread is about news on India's booming economy.

To add to your examples, Toyota just built a huge truck plant smack in the middle of Ford's "territory", in San Antonio. Ford trucks outsell every other in Texas, but for how long, one might wonder!

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Is it ghey that I love this song so much?
http://www.youtube.com/watch?v=gl_Wc6Nm8lc

I guess you could say I'm not as jaded about "stuff" such as enduring love yet...

Buying American cars helps foreigners, and buying foreign cars helps Americans.

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If he ever had to eat his own words he'd die of malnutrition.
Colin P. Varga 1991

Only if those "foreign" brand cars are manufactured in America.
Thereby employing american workers.

It would also be waaayyyy better if BMW and MErcedes and Lexus were to expand and make more plants and hire more americans and then ship those cars back to europe and japan.

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"who pissed in your cheerios of life"?

Follow? BMW has had a production facility in Spartansburg, SC for many years. That's where they produce the X and Z series vehicles.

__Jason

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Actually, citing Tata Grp. hardly gives the correct picture of India's mfg capabilities.
Unmentioned is the fact that Tata Grp. produces super low quality carbon steel which has almost no demand in the export market. Generally, they'll sell to former Soviet "stans" who are only concerned about very short term quality.
India's top exports are textiles and semi precious stones. Low quality steel isn't even in the top five.

Somehow, I don't think you're going to build an industrialised economy on the investment dollars accumulated by a guy who spent two years working with drafting software in the U.S. for $28,000 a year.
Now there's a vote of confidence for a society on the upswing.

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The Lord is my light and my salvation; whom shall I fear? The Lord is the strength of my life; of whom shall I be afraid? - Psalm 27:1

An interesting statement.

What does constitute a foreign car? If a Toyota is manufactured in Alabama/Oklahoma/Tennesee (etc.) and Toyota is traded on the NYSE, how is it still a Japanese company?
If a Ford is made in Mexico/India (etc.) and it's traded on the NYSE, is it necesarily a domestic car?

Personally, I'm more apt to look at ownership and mfg. than the ancestry of the brand.

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The Lord is my light and my salvation; whom shall I fear? The Lord is the strength of my life; of whom shall I be afraid? - Psalm 27:1

Exactly.

If the automobile is manufactured the United States, then the said automobile company is creating jobs for american workers.
And not just manufacturing jobs. You need to hire american workers to build the plant, you need to hire office staff to handle the logistics, you need to hire IT staff, you need to hire delivery drivers,
you need to hire food services for the workers. Many more jobs are created. And all the jobs are U.S. based.

The bad news is that conversely all those jobs that europeans and koreans once held are now transferred to the U.S.

But screw them anyways, cause I live in the U.S.
It's all about america for me baby.

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"who pissed in your cheerios of life"?

Still, can't talk about India booming without talking about the horrible Caste system over there.

You can try and talk around in circles about how "untouchables" are'nt called untouchables anymore, but whatever.
They still exist and the Caste system still exists.

And I think it's horrible that you would deny a person an education just because they were born to a certain Caste.

Shame on India. Shame.

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"who pissed in your cheerios of life"?

What does being traded on the NYSE have to do with anything? Any company anywhere can get listed on the NYSE as long as they meet the listing requirments, none of which have to do with country of origin, where they manufacture, or where they do business. Incidentally, Toyota is also traded on the Tokyo Stock Exchange, Osaka Stock Exchange, Nagoya Stock Exchange, Fukuoka Stock Exchange, Sapporo Stock Exchange and the London Stock Exchange.

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Think of how stupid the average person is, and realize half of them are stupider than that. -George Carlin