Genera lMotors becoming China Motors???

[Xplantdad]

BBBenny sent this to me to post...

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[beater68427]

It is sad in so many ways.. I do not want to get political but we are living and seeing a major change in society business and govenment our opinions may never agree with change but will also never change what is to come... in the 1940's Big business needed government now in the 2010's Government needs big business...

[jannes_z-28]

I would call this post a political one, and that is banned on this site you know.

On the other hand, why should GM not be in the largest auto market in the world? The total sales of cars in China is larger than in the USA. Why shouldn't GM be there? And to build them where the market is has always been part of GM strategy who has had overseas plants since 1920.

From a business point I can't see the problem. But from an protectionist American way, sure. But that view will not protect America. Global trade is what makes the economy spin, and market profit is what give our pensionfunds value. Don't forget that!

Jan

[Salvatore]

what a shame and we bailed them out! May have to go to Ford!

[70 copo]

I do not see this as a political issue. Right now I am at the GM Tech center in Warren and it is pretty obvious that there is little going on here in the areas of maintenance and infrastructure upkeep. In lots of places the grass is not even mowed and the building exteriors are looking ragged. If the video is true and R+D is moving to PRC then what I see on the ground here looks ominous indeed.

Looks like GM is going to go where the customers are. [img]<<GRAEMLIN_URL>>/burnout.gif[/img]

[wheelhop]

If you like Ford, don't they have a large stake of their business in Europe? What's the difference?

[bbbenny]

I;m A GM guy! But enough is enough. When this is all is done, with china. MORE american jobs will be lost forever! BBBenny [img]<<GRAEMLIN_URL>>/bs.gif[/img]

[markinnaples]

Pension fund? What's that? [img]<<GRAEMLIN_URL>>/confused.gif[/img]

[jannes_z-28]

It's a lot of politics in the auto industry.

In Poland GM has a factory that produce the Opel Astra. When they export them to Ukraine they has to take them apart in a few assemblies. Then they have an assembly plant in Ukraine that put them back together.

This is necessary to avoid heavy taxation for import. When they put the stuff together in Ukraine it is considered as &quot;Made in Ukraine&quot;

As long as you buy the american made Chevrolets and Fords you will not loose any jobs. The cars produced in China are for that market.

Here is a list of current GM plants all over the world, none in China! and a lot in the USA
http://en.wikipedia.org/wiki/List_of...tors_factories

On the other hand a lot of Japanese and some European automakers has plants in the US, you don't hear them complain about loosing jobs. They make profit on the sales and are happy with that.

In Sweden some people complain that GM wouldn't release the licenses for the latest SAAB models to anyone who is going to buy the SAAB company, now in bankruptcy. And why should they, those cars contain 100% GM technology that they of course will not sell to any outside company. Without those licenses the SAAB company isn't worth much. The SAAB spareparts company is now owned by the Swedish government as collateral for loans they issued to SAAB when Spyker took over after GM. So there isn't much left of SAAB to buy...


Jan

[1969l78]

My next truck is a Ford....No more GM for me. The quality of my gm truck is just not that great.