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JCRCRT

JCRCRT
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  • General Motors (GM +3.4%) says a new passenger car production base at a new plant in China under a joint venture with SAIC and Wuling Motors will produce vehicles from the Baojun family. The automaker has set its production goals high for the plant in order to support sales to new areas in the nation. [View news story]
    What has happened to Made in America?, GM who's bail out with US tax dollars is looking at 70% of its production being outsourced. 30% being built here, the Chinese have bought a goodly number of GM parts production/supplier Companies here. I would feel a lot better if GM could efficiently produce here to keep US jobs and Export as do others. If Kia, Toyota, and Honda can hire US labor and manufacture here efficiently, why not GM?, Certainly GM does not have to outsource so much of its product and Jobs.
    Nov 19 01:36 PM | Likes Like |Link to Comment
  • Is General Motors Headed Back to Bankruptcy? [View article]
    Good view, but Check out GM/CHINA deal on your search, Or is GM becoming China Motors. This is a real eye opener. You will either be excited about GM or irritated with them.
    Oct 14 12:21 PM | Likes Like |Link to Comment
  • Is General Motors Headed Back to Bankruptcy? [View article]
    I would feel real good about investing in GM, This after the President essentially stole bond holders right to recover their investment in the company. GM is now committed to build 70% of its vehicles out of country, largely in a China/GM deal. China has also purchased many of GM's parts supplier plants here in the US, and how many know that?. 30% of the GM vehicles to be built here, so what happened to build here export there and save American Labor here. Several Japanese companies seem to be able to build here and offer Americans good jobs. Remember Hot dogs apple pie and Chevrolet?, now it is Kung Pau, Rice, and Chevrolet.
    Oct 14 12:21 PM | Likes Like |Link to Comment
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