Posted on 12/10/2015 3:54:17 PM PST by Lorianne
GM said it will sell the Chinese-built Buick Envision, a crossover SUV, in the U.S. market starting next year.
The UAW attacked the plan, saying it was "a slap in the face." It said GM should reconsider its plans and instead build a version for the U.S. market at a U.S. plant.
"The men and women of GM and the American taxpayers who invested so much in GM's future deserve better," said the union.
GM agreed in its latest labor deal to invest $8.3 billion in its U.S. plants over the next four years to create or retain an estimated 3,300 jobs. It increased U.S. employment by 14,000, or 18%, between the end of 2009 and the end of last year.
GM already has big operations in China, and sells more cars there than in the United States. Since 2011 it has exported about 157,000 cars from its U.S. plants to China. Buick has been a very successful brand in China.
Automakers prefer to build cars close to where they're sold. Even Asian automakers such at Toyota (TM) and Honda (HMC) build most of the cars they sell in the United States at their U.S. plants. But critics of U.S.-China trade policy are concerned that China, with lower labor costs, could steal share in the U.S.
GM says the Envision was designed in Michigan. It says it will fit well into the Buick lineup between two other crossover offerings, the Encore and the Enclave.
(Excerpt) Read more at money.cnn.com ...
“Only one American automobile manufacturer left in the USA.”
Sorry but Ford is leaving too! And for that matter, if you knew where the various parts of today’s Ford’s were made, you would find that the foreign content is probably 50%. Automaking is an international business, and the U.S. automakers have to get away from the UAW or they will not survive.
Not especially. But the unions sure had a hand in cooking the golden goose.
We really, really, really need to....get the boot of govt off the neck of biz, ala highest corp. tax in the World.
Plus min. wage, OSHA, O’Care, EPA, IRS, etc. etc. etc.
I have absolutely NO qualms of biz making as much $$ as they possibly can by going overseas instead of feeding the (illegal/unconstitutional) beast ‘at home’.
America needs to bring back companies, to America.
Period.
The cost of labor is a significant part of the retail price of an automobile. It is significant but not huge. It takes 30 man-hours to build a car, about 8% of retail price per vehicle. You could eliminate all taxes and regs and the cars would still be more expensive built in the USA, so you have to ask is it worth paying 2-3% more per vehicle and maintaining a viable manufacturing sector of go down the tubes in a poorly built ChiCom POS?
Agreed.
But they should get no special treatment over other businesses; bailouts, subsidies, special tax treatment etc.
GM in particular has been “Bailed Out Enough Already”
People will bring (their) biz back to America, only after/if the Republic is restored; nothing else will make that transition sooner.
To think they should ‘come back’ and bend-over, for the hell of it, is naive and illogical. Only the Left believe people/biz won’t change their behavior based on taxes, regulations, laws, etc.
You’re presuming the U.S. made version is a NON-POS.
MARKETS will determine if the People believe ‘2-3%’ is worth the ‘savings’.
But, again, that would only happen if/when we restore the Republic...no more taxpayer bail-outs (aka kick-backs/bribes), govt (en)forced monopolies, govt (en)forced unionism, etc.
Ha! You get no complaint from me! As a (L), I have qualms with the ‘it’s not Fascism when WE do it’ crowd...regardless of whom in the uni-party that may entail.
Should have said American-owned. Chrysler is owned by the Italians, and GM by Obama & the ChiComms.
Ah yes the union boogey man argument. Unions only account for less than 10% of the manufacturing workforce.
What’s an SBC? Actually the 305 V8 Cosworth Vega was nice. The others nit so much. My sister had a Monza and for the most part it was a good car and I’m sure most of that is due to it having the Iron Duke 4 cylinder which ran like a tank.
Small block Chevy
Actually the 305 V8 Cosworth Vega was nice. The others nit so much.
The Cosworth Vega was not a V8, but rather a 2L DOHC four cylinder, based on the Vega aluminum block. It produced 260 HP.
I'd like to have a midwestern Vega panel, with a late model Camaro 3.4L and 5 speed. Too bad they didn't have that drivetrain back then.
Since we're talking about cars, what percentage are they of the US auto-manufacturing workforce?
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