Posted on 05/09/2012 9:28:05 AM PDT by jazusamo
It's déjà vu all over again! GM again caves to Chinese pressure. In September it was the electric car. In April it was the Cadillac.
The Chinese government made its latest move in December. That's when The Guardian reported that the Chinese government raised its already high 25% tariff upon American-made vehicles, concerned that increasing numbers of big-engine cars were being purchased by Chinese consumers:
General Motors faces the greatest impact, almost 22% extra on some sports utility vehicles (SUVs) and other cars with engine capacities above 2.5 litres. Chrysler faces a 15% penalty, while a 2% levy will be imposed on BMW, whose US plants make many of the cars it exports to China.
Existing taxes and duties already push up the cost of US imports by 25%, and the new levies make it even more expensive for Chinese consumers to buy American.
Now we learn what they were after. In a May 2 Huffington Post commentary ("Commies in Cadillacs: GM Turns Chinese"), economists Peter Navarro and Greg Autrey reported that GM will build its luxury cars in China instead of exporting them to China. They began:
General Motors announced this week that it will start building the Cadillac XTS, CTS and ATX in China in an attempt to keep up with the insatiable demand for luxury consumption by that nation's nominally Marxist elite. It seems that Communist Party princelings and their crony capitalist clients just can't get enough Caddies, not to mention the BMWs, Ferraris and Lamborghinis.
~snip~
Romney will demand at least some reciprocity from China. He could not do worse than Obama.
(Excerpt) Read more at americanthinker.com ...
The way Romney flip flops there's no reason to believe he'd do better than Obama.
Romney wants one with a built in heated dog carrier on top
...at least he didn’t eat it...BO should be nervous
We arso make Cadirrac in PRC.
Government Motors. More plastic than you thought was possible.
The real story starts below the excerpt. Americans subsidized GM’s development of that god forsaken Volt and the only good thing to come of it was the advance in technology and engineering knowledge (since the care sucks rocks). Then GM turns around and gives the tech to the Chicoms.
powered by more hot air than you thought was possible from DC. Sadly, this hot air comes at a premium price and is hard to transport.
Exactly.
You just plug it in to your government sponsored recharge station every 65 miles or so. They are from the government, they are there to help.
are you suppose to push it the 30 miles left after it runs out at 35 miles?
My caddy was heavy, I would just leave it there. Sue the government and get free money? For your inconvenience.
Mine was too. I had to push it more than once. 1982 Sedan Deville with the slug Olds 5.7 diesel.
Got great MPG when it ran. but it didn’t run very often.
Cadillac is funding the new movie about the Communist Party (5:06)
Birth of A Party – celebrating the founding of the Communist Party
At 7 min – see this part – GM assisting China in purchase of key US resources
Video is 9:15 –
General Motors is becoming China Motors
http://www.youtube.com/watch?v=Lvl5Gan69Wo
That’s an excellent video, thanks for linking.
It won’t just have fins, it will have shark fins!
Government Motors. Which Government? I wonder if Cadillacs built in China will have the current Cadillac logo or will use the Chinese five yellow stars on a red background?
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