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To: E. Pluribus Unum

The collateral damage in all this will be General Motors. They signed an engineering and production agreement with a Chinese partner who later got 51 percent of the proceeds on all vehicles sold in the US and ALL of the proceeds sold in third countries. The capstone of the plan was for China to produce GM-badged cars in Mexico. I don’t think any of that is going to happen now, and GM basically gave up the engineering technology to the Chinese partner.

https://youtu.be/guAxFDafF1o?si=QeNDYJRdXZ7gGDgS


10 posted on 08/20/2025 2:12:31 PM PDT by Tallguy
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To: Tallguy

Who was the CEO at GM who was really adept at making poor business decisions.

This sounds like the type of business agreement that would be in her wheelhouse.


11 posted on 08/20/2025 4:11:04 PM PDT by fastrock
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