GM Now Using Taxpayer Money to Create Jobs in Mexico

USActionNews ^ | 7-16-13 | Dave Gibson

[Brandonmark]

Amount of taxpayer funding given to GM and GMAC comes to a staggering $50.4 billion.

Two weeks ago, General Motors Co. (GM) announced that they were investing $691 million in Mexico, and while they acknowledged the expansion would bring many new jobs south of the border, they would not disclose the actual figure.

The Detroit News reported: “The Detroit-based automaker said it will spend $349 million for the new transmission plant in Silao; $131 million to expand its San Luis Potosi Complex transmission plant and to build lighter and smoother transmissions with better fuel economy, and $211 million to expand its Toluca complex. GM said it would provide details of its investment at Toluca at a later date. …. GM spokeswoman Katie McBride said the investments will include adding jobs, but the numbers won’t be announced until the projects are further along.”

In March, it was reported that GM still owes the U.S. taxpayers about $20 billion.

[Venturer]

Look on the bright side. it might keep a few Mexicans home instead of coming here.

[DaveA37]

When the gubmint bought GM (now, “Government Motors”) I vowed to NEVER AGAIN purchase a GM car. I still honor that commitment and proudly drive another brand new NON-GM, American made vehicle.

[Venturer]

I have two Toyota’s now, never realized before what crap GM was selling me.

My daughter stopped buying GM too.

[Slambat]

I would like to thank all of those people who bought GM
vehicles and all those die hard Chevrolet fanatics that
are helping Obama’s communist overthrow by buying from
Government Motors Corporation. GM, a good sign an Obama
supporting commie is behind the wheel.

[Cyclone59]

brand new NON-GM, American made vehicle.

American MADE is easy:
BMW
Dodge/Chrysler
Ford - the only American wholly owned company left
Honda and Acura
Nissan
Mazda
Subaru
Toyota, Scion & Lexus

I tried a GM back in the early 90’s - couldn’t get rid of it fast enough. I have not strayed from Honda ever since:
79 cvcc
87 CR-X
90 Accord
94 Acura Legend *
97 CR-V
00 Odyssey
02 Shadow 750 ACE *
06 Ridgeline
06 CR-V *
10 Honda Fury *
12 CR-V *
12 Odyssey *

* = Still have and being driven

Welcome to the other side, all of you GM converts. You will notice that there are some very high quality cars that you can expect at least 200,000 miles out of.

[Pollster1]

When the gubmint bought GM (now, “Government Motors”) I vowed to NEVER AGAIN purchase a GM car. I still honor that commitment and proudly drive another brand new NON-GM, American made vehicle.

I made the same promise, and after that corrupt bankruptcy, which violated contract law, bankruptcy law, and common law to reward Obama's allies at the expense of those who should have had a claim on GM assets, I have kept that promise. I won't even take a GM product as a rental car. Fortunately, GM's product line is for the most part so low in quality and so high in price for what their foolish buyers would get that boycotting them is a completely painless choice.