Yesterday , I did a simple rough calculation about General Motors to try to get at how a lot manufacturing job loss one may attribute to foreign competitors versus automation and productivity increases. Numerous commenters objected that my assumptions were too simplistic, particularly in neglecting the domestic content material in international autos and the significance of shifts within the provide chain over time.
The smile on Craig’s face made it all worthwhile, and the following day he set off for a visit from Surrey to Skegness, where the automobile received a trophy (within the shape of a custom wine rack stuffed with wine) and then Craig set off on his manner house to Wales. We had been actually completely happy to hear that the 400 mile check drive went with out a hitch and the trophy was icing on the cake.
PJ’s Pearl White 1965 VW Splitscreen Westfalia got here by for a full service and a CSP disc brake conversion prior to a visit across Europe to European Bug In 5. PJ determined while we had been at it, he fancied changing the wheels to chromed and detailed Fuchs replicas. The results had been a pretty impressive stance and a a lot improved drive. He also popped in, in his stunning Beryl green 1963 Beetle running an Aire Valley beam and air trip system that we fitted earlier this 12 months.
A customer enquiry about rewires, and car electrics led to a chat with Neil, who needed the piece of thoughts that a leisure battery and auxiliary wiring system might provide for household tenting journeys in his 2 litre, 1978 Baywindow Westy (IE- the family might run every part all weekend and still drive off on the finish of the vacation). An entire new system was fitted with extra 12 volt sockets, a seperate simply accessible fusebox and house for additions as and when required.
The odd-trying line on this graph is the one for domestic consumption of autos and components as a fraction of GDP; the line starts to drop after 2002, only reversing in 2010. It is odd to me as a result of a graph of US vehicle gross sales is basically flat from 2001 to 2007 at between sixteen and 17 million automobiles per 12 months. Studying off Stuart’s graph above, the gross consumption line begins at about 3.7% of GDP in 2001 and drops to around 2.eight% in 2007, so roughly a 25% drop. Looking at BEA Table 1.1.5. US GDP rose 36% during that interval.