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Reply #101: okay, replace "most" with "many" if it makes you happy. [View All]

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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-25-10 07:42 PM
Response to Reply #86
101. okay, replace "most" with "many" if it makes you happy.
Eventually it will be "most". And no, they aren't just building cars for foreign markets in foreign factories. That's simply a lie.

Under Restructuring, GM To Build More Cars Overseas
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/07/AR2009050704336.html?hpid=topnews

The U.S. government is pouring billions into General Motors in hopes of reviving the domestic economy, but when the automaker completes its restructuring plan, many of the company's new jobs will be filled by workers overseas.

According to an outline the company has been sharing privately with Washington legislators, the number of cars that GM sells in the United States and builds in Mexico, China and South Korea will roughly double.

The proportion of GM cars sold domestically and manufactured in those low-wage countries will rise from 15 percent to 23 percent over the next five years, according to the figures contained in a 12-page presentation offered to lawmakers in response to their questions about overseas production.

As a result, the long-simmering argument over U.S. manufacturers expanding production overseas -- normally arising between unions and private companies -- is about to engage the Obama administration.

Essentially in control of the company, the president's autos task force faces an awkward choice: It can either require General Motors to keep more jobs at home, potentially raising labor costs at a company already beset with financial woes, or it can risk political fury by allowing the automaker to expand operations at lower-cost manufacturing locations.


US Taxpayers are creating auto jobs in Brazil as General Motors to Invest $1 Billion in Brazil Operations
http://globaleconomicanalysis.blogspot.com/2009/01/january-ends-with-grim-news-on-stocks.html

General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to "complete the renovation of the line of products up to 2012."

"It wouldn't be logical to withdraw the investment from where we're growing, and our goal is to protect investments in emerging markets," he said in a statement published by the business daily Gazeta Mercantil.

Ford's Most Advanced Assembly Line
http://info.detnews.com/video/index.cfm?id=1189 (video)

This is in Brazil and it is the future of auto manufacturing. Since the UAW won't allow it here, Ford plans to just move more and more of their manufacturing to other countries.

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