Employing more Chinese is a TOP PRIORITY for Team Obama and Gubmint Motors.
Fewer UAW jobs. Sucks, huh?
Didn’t see this coming
Like a sinking rock.
The main reason any car company, or aircraft company, has built factories in China is cost. It’s cheaper to build the product for the Chinese market in China, and eliminates the issues with importing the items into China. If they started selling the cars produced there in America, at the cost of closing American plants, then there would be a problem. It’s good to see that they have some economic common sense to lower costs of producing cars for the Chinese market, by building them there.
Corporations should be allowed to what they like with their capital. That’s basic freedom of association. If America is toxic to capital, that’s not the fault of capital.
But this is a case of a company which exists today solely due to Government intervention. GM is a money-laundering scheme to use taxpayer funds to pay for immense pension liabilities and green shibboleths.
We shouldn’t be worrying about where they stick their damn plants. That’s besides the point.
GM is a toxic welfare parasite. American taxpayers should demand their money back and let the GM union scrabble for its bloated pensions in bankruptcy court.
At least their quality will improve.
:-)
The people of China thank their friends the American taxpayers for reducing the cost of cars for the Chinese people, and invite their good friends to come to China to buy the GM cars put together by Chinese workers!
BS. By transferring our industry and manufacturing to Red China Free Traitors have absolutely ruined this country. Even with high taxes, over regulation, and corrupt unions we had prosperity and those things could have been dealt with. But without plentiful, high paying, wealth creating jobs this country is finished. The people that deliberately did this to us need to be put on trial and punished.
Who cares? I will never buy another GM product as long as I live.
LOL
They are opening a plant to build cars to sell in China. Ironically, cars that wouldn’t be legal in the US.
Does anyone truly think that paying bloated UAW salaries and benefits and then spending millions in shipping is a good idea just to put some Americans to work?
Or the bareout went overseas.
Getting hard to stick to the "Never buy another Dodge" part of that as I go through my mid-life crisis REALLY REALLY wanting a Challenger SRT ........
Bought a new car and truck last week, didn’t even consider, remotely, GM or Chrysler.