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3 comments

Benefits of a Weak Dollar

With the dollar’s current weakness against the Euro, Pound and other foreign currency, many European automakers have decided that the US is too big of a market to give up due to poor currency exchange rates. So, why not reverse the problem and start building cars stateside for super cheap and sell them in Europe where the currency is as strong as ever. Audi, VW and a few other brands have decided to open production facilities here in the US to offset the current currency disparity. Where this will leave them in a few years when the Dollar recovers is anyone’s guess, but with a greater value to the US Dollar, this will lead people to buy more cars and in turn, the car makers will export less cars to Europe and just sell them in the USA to prevent what’s happening now when cars are built in Europe and sold in the states.

Source: AutoBlog

  • Xplicit

    nah wont buy
    caus if the dollar go lower u loose money
    only when big manufacturers stop misuseage of the dollars
    it wil rize again
    the consumer has not got a vote in this
    maybe if obama changes the unemployment the dollar will rize again
    but untill that happens the dollar wil drop and drop and drop
    the euro made it possible for big marketing organisations
    to abuse the currency wich is a 1way street
    they need to stop but hey who gonna cut their wallet
    no1 gonna… people think to much about the present
    not looking towards the future but thats the consumers vote!
    so in the end it all hangs together on a very thin line

  • Xplicit

    nah wont buy
    caus if the dollar go lower u loose money
    only when big manufacturers stop misuseage of the dollars
    it wil rize again
    the consumer has not got a vote in this
    maybe if obama changes the unemployment the dollar will rize again
    but untill that happens the dollar wil drop and drop and drop
    the euro made it possible for big marketing organisations
    to abuse the currency wich is a 1way street
    they need to stop but hey who gonna cut their wallet
    no1 gonna… people think to much about the present
    not looking towards the future but thats the consumers vote!
    so in the end it all hangs together on a very thin line

  • UDDIN

    Why $1000.00 dollers bill is not available in new york city?