Hugo Chavez gives ultimatum to automakers: Share tech or get out of Venezuela

Hugo Chavez gives ultimatum to automakers: Share tech or get out of Venezuela

Filed under: Etc., Government/Legal, Chrysler, Ford, GM, Toyota, Fiat, South America



Venezuelan president Hugo Chavez - notable Fidel Castro wannabe, loudmouthed buffoon of the first order and apparent Cadillac aficionado - has given an ultimatum to General Motors, Fiat (i.e. Chrysler), Toyota and Ford: Share your technology with us or get out of the country. (In Toyota's case, it sounds as if Chavez wants them to hit some arbitrary quotas, as well.) The affected parties, all of which maintain production facilities in the country, kept mum in response to Chavez's demand, according to the Associated Press, which reported the story on Wednesday.

If the automakers don't comply, Chavez basically stated that he will eject them from his socialist utopia in favor of automakers from countries he's more friendly with. AP quotes him as saying, "I invite you to pack up your belongings and leave. I'll bring in the Russians, the Belorusians, the Chinese."

At least he didn't openly threaten to nationalize them (yet), as he's wont to do with pretty much any other private enterprise he thinks he could run better. Yeah, this'll definitely end well. Thanks to Roy for the tip.

[Source: AP via Yahoo! News | Image: AFP/Getty]Hugo Chavez gives ultimatum to automakers: Share tech or get out of Venezuela originally appeared on Autoblog on Thu, 24 Dec 2009 13:00:00 EST. Please see our terms for use of feeds.



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Someone should bomb this country , I'am tired of him with his Gas holdings and now car making ... For a country that dont have shit he sure talks alot of it

that's some security force, one picture and they all have their eyes closed

Doesn't really affect the rest of us. He can do as he wishes. Out of sight, out of mind. Good riddance.

He is THE biggest piece of shit, ignorant in the history of mankind. He wanted to start a war with my country (Colombia) simply because the U.S has 4 military bases to help us fight drug trafficking but he is convinced that the U.S is going to invade or whatever cause of the oil.... He is an idiot considering that Colombia has the 2nd biggest military force beside Brazil in South America and we have been in constant civil war for the last 50 yrs. We would PULVERIZE Venezuela if it came to that point and not even with the help of the U.S Military.... He is just a communist and extremely closed minded at that, it is his way or the highway. His communist ties with Russia, China and Cuba are well known and he is trying to make Venezuela into another Cuba so he can have all the power and say and no one else can so he can keep his own people in misery and under check while he gets the goods.

their each packing m249s, i wouldnt fuck with em

Even with M249's, they're no good with your eyes shut.