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November 17, 2008

A bit of fudging on Big Three ripple effect – look south

The NYT notes that the formerly Big Three purchase 85 percent of their components here, vs. 60 percent of foreign-owned brands’ cars from U.S. plants.

But, the Times doesn’t use the word “here.” It uses the phrase “North America.”

Now, U.S. and Canadian work has been woven together for quite some time. And, I’m not talking about that.

I’m talking about the post-NAFTA Southern shuffle. A fair piece of that 85 percent is “Hecho in Mexico.” Let’s be honest about that.

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