Chavez tells carmakers give us your tech or get out! - Zilvia.net Forums | Nissan 240SX (Silvia) and Z (Fairlady) Car Forum

tricky_ab · 01-13-2010, 09:39 AM

BBC News - Venezuela's Chavez threatens to kick out carmakers

Quote:

Venezuela's President Hugo Chavez has told car companies they must share their technology with local businesses or leave the country.

Mr Chavez gave the ultimatum to Toyota, Ford, General Motors and Fiat during a public address.

If the demand isn't met, he said: "I invite you to pack up your belongings and leave. I'll bring in the Russians, the Belorusians, the Chinese."

Venezuela has nationalised most of the oil, metal and coffee industries.

Mr Chavez attacked Toyota in particular, saying it was not producing enough four-wheel drive vehicles, which are used for public transport, and ordered an investigation.

So far, the carmakers have not responded.

Last year, car plants in Venezuela produced 135,042 cars and trucks.

Currency controls in Venezuela mean the industry is struggling to get enough money to import parts and pay off debts.

So he's basically just taking even more steps to isolate the country. Good going!

ronmcdon · 01-13-2010, 10:22 AM

Yeah I really doubt even the Russians or Chinese manufactuers would reveal their auto tech
(even if it is dismal).

You're right, he is taking steps to isolate his country.
Is that so terrible though?

I'm not supporting him per say, but I'm curious if things are working out so bad for him.
He appears to be popular within his country.
Venezuela doesn't seem to be doing all that bad.

Likewise, not all democracies are exactly prospering.

Gnnr · 01-13-2010, 01:50 PM

I guess he never saw the Top Gear episode on communist cars.

190 Top Gear - Communist Car - Car Videos on StreetFire

01-13-2010, 01:50 PM	#3
Gnnr Post Whore! Join Date: Apr 2005 Location: S. FL Posts: 3,960 Trader Rating: (0) Feedback Score: 0 reviews	I guess he never saw the Top Gear episode on communist cars. 190 Top Gear - Communist Car - Car Videos on StreetFire __________________

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

01-13-2010, 10:22 AM	#2
ronmcdon Post Whore! Join Date: Sep 2005 Location: beverly hills Age: 86 Posts: 4,254 Trader Rating: (6) Feedback Score: 6 reviews	Yeah I really doubt even the Russians or Chinese manufactuers would reveal their auto tech (even if it is dismal). You're right, he is taking steps to isolate his country. Is that so terrible though? I'm not supporting him per say, but I'm curious if things are working out so bad for him. He appears to be popular within his country. Venezuela doesn't seem to be doing all that bad. Likewise, not all democracies are exactly prospering.