It's nearly impossible NOT to buy stuff made in China these days. Toys, iPhones, clothing - American companies are sending a lot of their stuff to be manufactured by slave labor in China.
This is what you get in a Walmart economy. If people are going to insist on paying $1.00 less for a pair of jeans, well then, those jeans are going to have to be made by the lowest bidder. And that is almost always some contract manufacturer in China.
Now comes news that the Ford Motor Company has sold Volvo to the China-based car maker Geely. This will be the death-knell for Volvo.
Why? As mentioned, it's impossible NOT to buy stuff made in China for a lot of things we need. But with cars, we have choices from around the world, including the U.S., Canada, Germany, Japan and Korea, among others.
Unlike purchasers of a DVD player or the latest "Tickle Me Elmo," people who buy upscale brands like Volvo are not so price sensitive. I suspect that many would say "Why would I buy a Chinese-made Volvo, when, for about the same price, I could buy a German-made BMW or an American-made Lincoln?"
Sure, Geely could use its cheap labor to make Volvos for less, but it would lose the cachet of a premium brand. Also, I am sure many informed consumers would be reluctant to buy an expensive item such as car from a country that sends us toxic food, toys and building materials.
It's probably all for the best. In the past 20 years or so, Volvo was an overpriced line of mediocre cars in search of an identity. The Germans ate Volvo's lunch on performance and the Japanese beat them on reliability. Volvo's legendary safety just isn't all that big a deal any more, since most cars these days are as safe as the next.
So, fare-thee-well, Volvo. It's a sad end to a storied brand, but cars are one of the few products left in the world that we do NOT have to buy from Chinese thugs. And I am betting most of us won't.