GM to create 6,000 new jobs!

[Chris0nllyn]

...in China.

At last week's Shanghai Auto Show, GM announced it would spend $11 billion on new production facilities in China by 2016, creating some 6,000 new jobs there. By contrast, GM has invested only $8.5 billion in U.S. operations since its 2009 bankruptcy, and since 2005 the number of workers it employs in North America has fallen by 76,000, according to the industry publication Automotive News.

Edward Niedermeyer: Welcome to General Tso's Motors - WSJ.com

 

[MarieB]

Here is an updated link. That one doesn't work anymore



Edward Niedermeyer: Welcome to General Tso's Motors - WSJ.com

Watch them cry when the Chinese yet again steal intellectual property. Hell, they just threw 2 of their former engineers (Chinese) in jail for just that.

 

[tommyjo]

Here is an updated link. That one doesn't work anymore



Edward Niedermeyer: Welcome to General Tso's Motors - WSJ.com

Watch them cry when the Chinese yet again steal intellectual property. Hell, they just threw 2 of their former engineers (Chinese) in jail for just that.

With all the pissing and moaning on here about the evils of the "MSM"...why doesn't anyone bother to check out the statement that are made in opinion columns?

This is from GM' website


GM in China





back


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Global policy is to “build where we sell,” which lowers vehicle cost for the consumer
GM does business in more than 120 countries
Roughly 70 percent of GM sales are generated outside of the United States; in most cases, those vehicles are not exported from the U.S.
GM imports no vehicles from China to the U.S. Every Chevrolet sold in the U.S., with the exception of the Spark, is built in North America
Chevy Volt, Buick Enclave and Cadillac SRX, CTS and Escalade are exported from North America to China
GM started doing business in China in the 1920s and exited the market following the 1949 Chinese Revolution; GM returned to the country in the late 1990s in partnership with Shanghai Automotive Industry Corp. (SAIC) and formed the Shanghai GM (SGM) joint venture (JV) to produce Buicks in China; other auto manufacturers like Ford are racing to the China market to catch up to GM's sales success
GM did not use U.S. government bailout money to build manufacturing footprint in China; since bankruptcy, GM has announced investments at 30 U.S. facilities totaling more than $7.1 billion, which created or retained 18,641 jobs
Doing business in China requires every foreign manufacturer to have a joint-venture with a Chinese company; GM has strategic partnerships in 30 countries, including China, which positions the GM brand as a leading automaker in the world’s largest and fastest-growing automotive markets
GM did not sponsor nor endorse a Chinese patriotic film recognizing the 90th anniversary of the Communist Party; the film was sponsored by Shanghai GM, a company owned jointly by GM and Shanghai Automotive Industry Corp., of which GM does not have operational control.

 

[MarieB]

With all the pissing and moaning on here about the evils of the "MSM"...why doesn't anyone bother to check out the statement that are made in opinion columns?

This is from GM' website


GM in China





back


Send Email | Share Add This
Global policy is to “build where we sell,” which lowers vehicle cost for the consumer
GM does business in more than 120 countries
Roughly 70 percent of GM sales are generated outside of the United States; in most cases, those vehicles are not exported from the U.S.
GM imports no vehicles from China to the U.S. Every Chevrolet sold in the U.S., with the exception of the Spark, is built in North America
Chevy Volt, Buick Enclave and Cadillac SRX, CTS and Escalade are exported from North America to China
GM started doing business in China in the 1920s and exited the market following the 1949 Chinese Revolution; GM returned to the country in the late 1990s in partnership with Shanghai Automotive Industry Corp. (SAIC) and formed the Shanghai GM (SGM) joint venture (JV) to produce Buicks in China; other auto manufacturers like Ford are racing to the China market to catch up to GM's sales success
GM did not use U.S. government bailout money to build manufacturing footprint in China; since bankruptcy, GM has announced investments at 30 U.S. facilities totaling more than $7.1 billion, which created or retained 18,641 jobs
Doing business in China requires every foreign manufacturer to have a joint-venture with a Chinese company; GM has strategic partnerships in 30 countries, including China, which positions the GM brand as a leading automaker in the world’s largest and fastest-growing automotive markets
GM did not sponsor nor endorse a Chinese patriotic film recognizing the 90th anniversary of the Communist Party; the film was sponsored by Shanghai GM, a company owned jointly by GM and Shanghai Automotive Industry Corp., of which GM does not have operational control.

And that has what to do with theft of intellectual property?

Regardless, it seems like you didn't bother reading the article because what you quoted has little bearing on what the company's President stated "goals" or the points of the piece

I don't expect a reply though, because you're known for mostly fly bys

 

[czygvtwkr]

GM imports no vehicles from China to the U.S. Every Chevrolet sold in the U.S., with the exception of the Spark, is built in North America

Mexico.....

 

[Gilligan]

With all the pissing and moaning on here about the evils of the "MSM"...why doesn't anyone bother to check out the statement that are made in opinion columns?

.

Sweetie..you really need to lay off the cheap Vodka at the beginning of the month when you get your free meds restocked.