[jec41]

...and yet sales are dropping. They're laying off big time, buying out. A huge portion of their sales I would guess are municipal. Meanwhile China may be selling their cars here soon. At Wal Mart, maybe?

GM sells many cars in China and is building more plants in China.. Buick is the biggest seller.

[Number57]

Wonderful. Chinese Buicks.


...rolling in his grave

[Cringing Negativism Network]

GM sells many cars in China and is building more plants in China.. Buick is the biggest seller.

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GM is being *absorbed* in China.

Foreign companies do not own or produce anything in China. Foreign companies are required to go into business with Chinese partners, transfer production technology, then eventually leave the local factory in Chinese hands.

GM is selling the rope - yes, it's happening - that is very soon likely to send it into bankruptcy.

We need to stop playing make-believe about China. We're never going to sell a billion shoes to a billion Chinese. It didn't happen that way.

What happened, is the Chinese learned to make the shoes, then sold a billion shoes to us.

The same thing will happen with cars. Then with airplanes.

Then what?

When we have lost all capacity to manufacture anything anymore, will we design our armed forces on Lenovo computers????????????????????????