AD #1829 – China’s Baidu to Enter U.S., Samsung Creates Motorcycle HUD, Donald & Hillary Attack Auto Industry

March 28th, 2016 at 11:52am

Runtime: 7:53

- China’s Baidu to Enter U.S. Autonomy Race
- Wards Forecasts March Sales Record
- GM Deliberately Lowering Sales
- Jaguar Rebuilds the XKSS
- Samsung Creates Motorcycle Windshield HUD
- Trump & Clinton Attack Auto Industry
- Autonomy’s Effect on Car Ownership

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34 Comments to “AD #1829 – China’s Baidu to Enter U.S., Samsung Creates Motorcycle HUD, Donald & Hillary Attack Auto Industry”

  1. Buzzed Says:

    Samsung screen- I love how the video tries to sell the Samsung screen as a ” safety feature” yes, yes, what’s safer than ” toggling through screens” to see who’s calling you or to get a bookface update.

  2. Chuck Grenci Says:

    As a motorcycle rider, I am a lot more comfortable with a HUD at the bottom of the windshield (as opposed to the recently reported helmet model). I think it would be a lot easier to ignore when full attention is required while riding. Opinions may vary, but with both options available, everyone should be okay with one or the other (or sans HUD altogether; my choice).

  3. David Sprowl Says:

    US corporate tax rate is the highest in the world at almost 40%. Sure there are tax breaks, but those soon maybe drying up. Moving from the US to another locale allows for a much cheaper tax rate. Norway is 27%. To add a little salt to the discussion, Few of us think it is a great idea to work 16+ hours/day or to allow the population under the age 18 to have full time employment.The US has a larger burden with respect it’s own budget. Most citizens can only pay their bills with currency from their own lands. This is not true for large corporations. My personal thoughts on trade start with the notion that if a company wants to sell in a country, than it should manufacture in that country. The cost of local labor becomes a burden to any nations GDP. Let the corporate tax rate take care of itself.

  4. marshy Says:

    Chuck – Although i don’t ride now (I pick my battles with my wife) I shudder at the though of modern infotainment screens on a bike.

  5. marshy Says:

    Jaguar is going to make those cars to the original specs?? Say it ain’t so. Tolerances and alloys are so much better than 70 years ago!

    What are they going to do, go find a 70 year old mill and lathe so they have enough slop?

  6. G.A.Branigan Says:

    My bikes never had anything more then a speedometer on top of the 5 gallon fatbobs.Never needed anything else.It worked fine for me for over 40 years of riding.The hud is for the kids on rice rockets who can only be told something when online.

  7. G.A.Branigan Says:

    If our corporate tax structure wasn’t so high,they wouldn’t move out of country.Think it’s bad now with companies leaving,get someone in office who wants to raise corporate taxes even higher and we are done for jobs,and our way of life.It’s actually up to us.

  8. Brett Says:

    The idea that America taxes corporations higher than other countries is a myth propagated by corporations trying to pay as little tax as is possible.

    With regard to Hillary and The Donald, this is Primary season. What state’s voters suffer the greatest negative economic impact from this moves by Ford and JCI? That is who those comments are directed at and I’ll wager they correspond(ed) to an upcoming state Primary contest.

  9. RumNCoke Says:

    I don’t know about JCI, but why a politician is trying to single out Ford is simple. Ford didn’t take any taxpayer money during the last recession. So the politicos won’t have to answer any embarrassing questions. Never let the facts get in the way of a good yarn.

  10. Kit Gerhart Says:

    The U.S. has a high “official” corporate tax rate, but no one pays it. There are reasons, beyond that, why companies keep leaving the U.S. The pharmaceuticals seem to be among the worst in that regard.

    I suspect Trump’s picking on Ford, (and Carrier) has to do with the timing of their announced outsourcing, as much as anything. As far as Hillary and JCI, the reason may be similar, timing, or could be related to where she was when she talked about it.

  11. Kit Gerhart Says:

    I have no desire for any type of displays on motorcycles, other than a speedometer, tach, and totaling and trip odometers. Unlike most recent bikes, my KLR650 doesn’t have a gas gauge, but that is not a problem. The trip odometer does the job just fine.

  12. John Cain Says:

    John, RE: Donald and Hillary’s attack on Ford and JCI. I believe that they asked their research staff to provide examples of outsourcing they could weave in to their platform mantra. When the researchers came back with the examples, Ford and JCI were merely the first or easiest targets found.

  13. Kit Gerhart Says:

    5 They are building them to the original specs, so the buyers can experience the joys of breaking in the engine at under 30 mph for the first 500 miles. That might take 20 years for most of the cars. They won’t be driven much.

  14. G.A.Branigan Says:

    Those cars are just for the ‘look what I have and you don’t’ crowd.

  15. Wim van Acker Says:

    @8:Please compare the United States 35% + 0-12% State/Local corporate income tax rate with

    Country Corporate tax rate
    Afghanistan[2] 20%
     Albania[2] 15%
     Alderney 10%
     Algeria[5] 23%
     Andorra 10%[7]
     Angola[2] 35%
     Argentina 9 to 35%
     Armenia[2] 20%
     Aruba[2] 28%
     Australia[12][13] 28.5%–30%[Note A]
     Austria[2] 25%[17]
     Azerbaijan[18] 20%
     Bahamas[19] 0%[20]
     Bangladesh[2] 27.5%[22]
     Barbados[23] 25%
     Bahrain 0%[25]
     Belarus[5] 18%
     Belgium[2] 33.99%
     Benin[citation needed] 35%
     Bhutan 30%
     Bolivia 25%
     Bosnia and Herzegovina 10%[27]
     Botswana 22%
     Brazil[2] 34%
     Brunei 20%

     Bulgaria 10%
     Burkina Faso 27.50%
     Burundi[30] 35%
     Cambodia 20%
     Cameroon[5] 38.50%
     Canada[31] 15% – 26% federal + 11-16% provincial[32]
     Cape Verde 25%
     Cayman Islands 0%[40]
     Central African Republic 30%[43]
     Chile[44] 24%[45] (on distributed profits, deductible from personal income taxes[46][47])
     China[2] 25%
     Colombia[5] 33%
     Costa Rica 30%
     Croatia[5] 20%

     Cuba[51] 30%
     Cyprus[2] 12.50%
     Czech Republic[52][53] 19%
     Denmark[55] 22%
     Dominican Republic 27%
     Egypt[57] 25%
     El Salvador 30%
     Estonia[2] 0%
     Finland 20%[59]

     France[2] 55.00%
     Gabon 35%
     Gambia 31%
     Germany 29.65%[22]
     Georgia[5] 15%
     Gibraltar 10%
     Greece Year 1:
    58% (net profit €50,000)
    Year 2+:
    29% (net profit €50,000)
     Guatemala[5] 25%
     Guyana[64] 30%
     Guernsey 10%
     Hong Kong[65] 16.5%[66]
     Hungary 19%
     Iceland[5] 20%
     India 30%[67]
     Indonesia 25%
     Iran 25%
     Ireland 12.50%

     Isle of Man 0%
     Israel 25% [69]
     Italy 27.50%
     Jamaica 33.3% Large companies 25% Small Private companies
     Japan[71] 38.01%
     Jersey[2] 0%
     Jordan[5] 20%
     Kazakhstan[5] 20%[22]
     Kenya 30%[22]
     Kuwait 0%
     South Korea[5] 24.2%[22]
     North Korea[75] 25%
     Latvia[76] 15%
     Lebanon[5] 15%
     Liechtenstein[78][79] 12.50%
     Lithuania[citation needed] 15%[80]
     Luxembourg 28%[81]
     Macau[2] 12%
     Macedonia[2] 10%
     Malaysia[2] 25%
     Maldives[85] 8%-7001150000000000000♠15%[86]
     Malta 35%[22]
     Marshall Islands N/A
     Mauritius 15%
     Mexico[2] 30%[89]
     Moldova[2] 12%
     Monaco 33.33%
     Mongolia 10%
     Montenegro 9%[93][94]
     Morocco 30%[22]
       Nepal 20%
     Netherlands 25%
     New Zealand 28%
     New Caledonia[100] 30%

     Nigeria 30%
     Norway[102] 25%[103]
     Oman 12%[105]
     Pakistan 35%
     Palestine 15%
     Panama[5] 25%
     Paraguay 10%
     Peru[5] 30%
     Philippines 30%

     Poland[2] 19%
     Portugal[2] 25%

     Puerto Rico 20%[107]
     Qatar[2] 10%
     Romania 16% (3% revenue for micro-entities[108])
     Russia[2] 20%
     San Marino 17%
     Sark 0%[109]
     Saudi Arabia[110] 0%

     Senegal[5] 25%
     Serbia[111] 15%[112]

     Singapore 17%[116]
     Slovakia 22%[118]
     Slovenia[2] 17%
     South Africa 28%[120]
     Spain[2] 25%
     Sri Lanka[2] 15% – 30%[22]
     Swaziland 27.50%
     Sweden 22%[121]
      Switzerland[5] 17.92%[22]
     Syria[2] 22%
     Taiwan[2] 17%[126]
     Tanzania 30%
     Thailand 20%
     Trinidad and Tobago 25%
     Tunisia[5] 30%
     Turkey[2] 20%
     Ukraine[5] 18%
     United Arab Emirates[5] 0% (Taxation to be introduced)[Note C][127][128]
     United Kingdom[130] 20% [131]
    Uruguay[5] 25%
     Uzbekistan[5] 8%
     Venezuela[5] 34%
     Vietnam[2] 20%
     British Virgin Islands 0%[138]
     Yemen 20%[139]
     Zambia 35%


  16. OMEGATALON Says:

    Donald Trump doesn’t know much about business or US law as there’s something called the North American Free Trade Agreement which essentially allows any US company to move to Mexico; Trump needs to get a clue because I can just imagine him dying in a Presidential debate against Hillary because he’s a moron.

  17. Duke Says:

    G.A. & David,

    Kit and Brett are spot-on correct.

    Yes, it is true that the published federal corporate tax rate is 35%. It does jump to 39.2%, but only when state rates are taken into account. But there are so many tax credits, cost-shifting strategies, off-shore subsidiaries, exemptions, offshore tax havens that U.S. corps take advantage of, the actual tax burden (actually paid) of American companies is much, much lower.

    A few years ago, the GAO took a look at ACTUAL taxes PAID by profitable U.S. corporations as requested (commissioned) by two Senators a few years ago. IIRC, that was Carl Levin (D) and Tom Coburn (R) and it took into account corporations with at least $10m in assets.

    Even when foreign, state and local taxes were considered, the companies paid only 16.9% of their WORLDWIDE income in taxes and the Federal taxes PAID AN AVERAGE EFFECTIVE Federal tax rate of 12.6%. Historically (the last few decades) there are typically more than 60% of U.S. corporations that pay zero (nada, zilch) Federal taxes in any given year (even profitable ones).

    I seem to also remember (I read it in its entirety for a report that I wrote) that the figures used for the Senate report were numbers from ACTUAL IRS TAX FILINGS – which were typically significantly lower than the taxes paid – reported – in companies financial statements.

    I also remember that U.S. corporate taxes collected were NOT even in the top ten of the ranking 27 wealthiest nations – in terms of its (taxes paid) relation to GDP (around 2.5% IIRC for U.S.).

    In short, there is a large gap in published rates and actual paid (effective) rates.

    Just to clear the ‘air’ of common myths . . .

  18. Buzzed Says:

    I use a GPS on my bike so I understand the windshield thingy to a certain degree and it may have some very good features but like I wrote, to say it’s a ” safety feature” is nonsense.
    @ GA- I’ve also ridden more than a few miles with out electric aids, I’ve toured many a country with my wife looking at a map on the back of the bike. Actually just last year through Portugal.
    I’ll use a GPS any day over that.

  19. Kit Gerhart Says:

    16 Thanks, Duke, for the detailed info.

    The “official” rates should be lowered, and the loopholes removed, so the demagogues wouldn’t be able to keep talking about the high tax rates. That’s not likely to happen any time soon.

  20. G.A.Branigan Says:

    @ Buzzard: LOL,I just did my scootin’ here in the USA.And I loved every minute of it too.I just don’t have any desire to go abroad.I never ran out of road and new things to see.

  21. gary susie Says:

    In other countries they don’t have safety and enviromemtal laws as tough as we do.
    The tax rate for this country for business is on average 12% is what they pay. I,m retired and pay more than that.

  22. Kit Gerhart Says:

    Lax regs and low wages are why companies move manufacturing overseas. Of course, low wages, low taxes, and no unions are part of why BMW and Daimler move manufacturing from Europe to the American south.

  23. Jonathan Says:

    Totally believe the whole car sharing proposal is being way overblown.

    A,Erica s want their cars available at each and every whim at any time of day.

    This is a case of experts misreading the values Americans hold dear.

    Freedom to go at a moments notice. Car sharing will work for those without an extra five grand a year to own their own car instead of sharing.

    Maybe for those who live in urban areas like NY city this makes sense but for the rest of us..? NADA ever gonna happen dot com

    Most parents can’t stand sharing cars with their kids. Most Americans own more than one car…

    People will buy used before they share a new car service…

    If I wake up at 1 am and I want to go for a ride in my car…I’m going. That data that says most cars spend 22 hours parked each day is nonsense data.

    I dig your show but dispute the data collection as being accurate.

    Your assumptions on the data are correct…its just the data is inaccurate or better yet incomplete.

    Sure if I owned three cars with two drivers…one of my cars may spend a lot of time in the garage…but it sure as hell doesn’t mean I want to share it.

    That’s just one example of data inaccuracies.

    Mark my words Mr McElroy…

    Car sharing is not going to be as big as the data suggests…

    Thanks again for a great show.

    This is just my perspective…

  24. Kit Gerhart Says:

    I have four cars and one driver, but if I had only one car, and drove the same 15K or so miles a year, my car would be in use only 1.3 hours a day. As far as the “car sharing” thing, it will all depend on whether people keep “liking” cars, as most of us do, or just want the most economical way to get somewhere.

  25. aliisdad Says:

    I have to admit that I only understand some of the economic issues involved in where international build things; however, it does bother me that so many of our companies are building factories, and hiring workers, in other countries when the people here use their earned money to buy their products (cars); AND there are plenty of people here who need “family-wage” industrial jobs, as well… Whatever all the reasons are, we are losing much of our industrial base and creating less opportunity for our working people… This all said, I also realize that corporations are created for the benefit of shareholders (owners) and not really for the benefit of the home country and its workers…

  26. aliisdad Says:

    Woops… I left out the word “companies” after “international”…

  27. Don B. Says:

    Maybe the candidate is looking to demonize a big corporate entity. JCI now part of Tyco, maybe some people will remember the party on the private island Tyco had a few years back.

  28. MJB Says:

    #23. I must agree to a large extent.

    Though what I’d really like to see is a broad survey (of drivers across the entire U.S.) to find out what people EVERYWHERE think about ride-sharing. n fact, I think even teens 15 and up who don’t even drive yet should also be surveyed. We need to know (from the horses mouth) what these people would do if given the choice.

    We know that folk in tightly-packed urban centers will make good use of these services. But I get a bit annoyed when predictions start a flyin’ that the market will be turned on its ear by ‘x’, ‘y’, or ‘z’ when the biggest samplings we’ve seen come from demographics that are naturally predisposed toward these types of services anyway. It’s like going to your favorite fishing hole, and because you made a killing there, now thinking that you’ll have the same success everywhere else you drop anchor.

    We can sit around and pontificate based solely upon assumption all day long. But the (second) best way of finding out what trends will or won’t develop from the availability of ride sharing is to just ask people.

    There must be a survey out there. The government loves to pay people to do these sorts of things.

  29. Kit Gerhart Says:

    Predictions are, well, predictions. Ten years ago, essentially every U.S. household had a landline phone. Now, only about half do, and the numbers are decreasing fast. I’d think there could be a lot of changes in car ownership patterns over the next several years, not the least, because “car nuts” like myself won’t be buying any more cars.

  30. Rob Says:

    If Kit is interested in car sharing I will be more than happy to keep the vette for the summer months here in Michigan.

  31. MJB Says:

    #30. I got second dibs! :)

  32. Kit Gerhart Says:

    30, 31 Thanks for the offers. I’m not interested in car sharing, but some young people I know, quite likely will be.

  33. Rob Says:

    Car sharing was around in the 80′s. My parents had three boys with driver license’s and limited funds. So they bought a car and we had to share it.
    As many mentioned here I just dont see ride sharing being that popular except within the inner city areas where it can be supplimented with mass transit. Even still most people want the freedom to go when they want to go and not make arrangements with another shared owner.

    As for the HUD on bikes I think its a gimmick. Its like putting stability control on a sportscar that cant be turned off. Most folks ride bikes to get away from everything and enjoy the experience of the open air and the ride. Anyone who has a bike for any period of time pretty much knows their speed and rpm just by listening and the feel of the bike. I dont need anymore displays. Navigation can be helpful but my phone in my pocket and an earbud listening to the voice commands has always worked just fine.

  34. Brett Says:

    I think that if you consider it as fractional ownership of a shared resource instead of “car sharing” and the numbers work, then it might be appealing. Think of Uber with autonomous vehicles and no driver to pay.