General Motors expands in China

meme

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General Motors has signed up to a 2bn yuan ($293m; £180m) joint venture with the Chinese state-owned carmaker FAW to make light trucks and vans.

The vehicles will initially be sold in China under the FAW brand, but could in future be exported under the GM brand.

They will be produced at existing FAW facilities in the cities of Changchun and Harbin.

GM sold 818,442 vehicles in China in the first six months of 2009, compared with 1,094,561 in the whole of 2008.

Demand was particularly strong for its minivans and other small vehicles.

"For us in China, this is an important complement to the rest of our portfolio," said Kevin Wale, managing director of GM's Chinese operations.

"We are well established in passenger vehicles and mini commercial vehicles and we haven't had a presence in the truck segment."

GM makes Buick, Chevrolet and Cadillac vehicles in a joint venture with Chinese manufacturer SAIC Motor Corp.

It also makes minivans, pick-up trucks and the Spark compact car in a venture with SAIC and Liuzhou Wuling Automobile.

GM has recently emerged from bankruptcy protection in the US and has seen its sales fall year-on-year in most of its Western markets, so China is a key area of growth.
http://news.bbc.co.uk/2/hi/business/8229353.stm
 
And none of those Chinese jobs would have been created without the bailout.

Boy I bet lots wish that personal basnkruptcy could work as well and corporate bankruptcy does.
 
See how our government is using our money to further send jobs overseas.

We must topple this government and end the destructive idiocy of fiat currency globalization As soon as possible.
 
from someone who cares little what this administration is doing, yet screamed and yelled over Bush..

Ney now I offered to give a shoe to the shoe thrower to throw at Obama.

The main reason I do not speak bably about Obama on here is because I do not want to get ranked with you and your right wing pundit ilk.
 
Ney now I offered to give a shoe to the shoe thrower to throw at Obama.

The main reason I do not speak bably about Obama on here is because I do not want to get ranked with you and your right wing pundit ilk.

well aren't you special..but you have no problems agreeing with all your little buddies..so small minded of you, but totally expected.
 
Once again the irony with Mr. uscitzen is too rich. He constantly attempts to call out folks on the right for not questioning Bush enough while he was President yet God forbid he actually question Obama he somehow believes he will be label a right-winger.

For example, BAC is not lefty he claims to be but is really just a hateful right-winger because he has actually had the audicity to question President Obama.
 
Once again the irony with Mr. uscitzen is too rich. He constantly attempts to call out folks on the right for not questioning Bush enough while he was President yet God forbid he actually question Obama he somehow believes he will be label a right-winger.

For example, BAC is not lefty he claims to be but is really just a hateful right-winger because he has actually had the audicity to question President Obama.
Geebus, there must be a lot of us turning the tide then. Christie questioned him, I questioned him, I bet, if you ask real nice, USC will also tell you he has questioned him.

It is whAt progressives do!
 
Geebus, there must be a lot of us turning the tide then. Christie questioned him, I questioned him, I bet, if you ask real nice, USC will also tell you he has questioned him.

It is whAt progressives do!

Haha... not on this board the gentleman hasn't.
 
Geebus, there must be a lot of us turning the tide then. Christie questioned him, I questioned him, I bet, if you ask real nice, USC will also tell you he has questioned him.

It is whAt progressives do!

Shhh. I don't want to be appearing to agree with the wingnutz.
 
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