Like China needs good news! GM accepted the bailout money from American citizens, and now, General Motors will use our money to send the production of 2013 Cadillacs to China.
According to the Giavelli Report, General Motors Co. announced Monday at the Beijing auto show that it will begin building its all-new 2013 Cadillac XTS sedan in China this year and later will build the ELR luxury electric coupe in the country.
People in Michigan hailed the bailout from the Obama administration. Well, you see what happens when corporate greed mixes with American money. Americans foot the bill, while the President of the United States has buried us in debt, and China reaps the jobs. Is this what President Obama planned on when he sent us down the road to bankruptcy?
When our children are paying for the $17 trillion dollars in debt, Chinese children will be laughing all the way around the world. Don't forget to vote Republican in 2012, and bring the Cadillac back!













Comments: 25
On another note, have you seen this story? Looks like a typical Gather draw news item that no SWs have picked up on. Maybe you want to throw something up, Carol.
I wonder if people will feel like driving again an hour after getting out of their Caddies.....
China is an almost two billion people market who is in love with Cadillac. In order to sell them there, the Chinese demanded the production to be local. It is a normal move.
I remember Kohler, the toilets people from Wisconsin. In order to enter the Chinese market, they had to open assembly lines in China. The move not only that it did not cut the production in the USA, but gave them the cash to expand in the States.
If you remember, in order to penetrate the American market. Mercedes had to produce its cars in the USA, so did Toyota and the rest. As a matter of fact, there were some frictions with labor, because the American workers had smaller wages and almost no benefits compared with the German workers producing the same cars in Germany...
Right after the bail out GM reopened the Cadillac plant in Lansing, which is working three shifts. There are less people than they used to be working though, because the line is automated, which is a norm in today industrial environment...
GM is not my role model, but there are times when it is better to know the whole picture...
The truth of the matter is that manufacturing eventually will shrink around the world. Why do we have industrial robots and computers?
Am I too old fashioned?
Your argument, not at all irrefutable, can be disputed as I said above so ha, ha, ha yourself into oblivion.