Thursday, May 14, 2009

Government Motors (GM): Chinese-Made Cars to USA!

As thousands of GM workers await word on more U.S. plant closures, reports are circulating that the company plans to import Chinese-made vehicles to the U.S., which, of course, have created a political problem for the automaker and the White House.

On Wednesday, May 13, Shanghai Securities News and other Chinese media reported that GM plans to begin exporting vehicles from China to the U.S. within two years and more than 50,000 by 2014.

This should not come as a surprise to the readers of this blog, because on February 9, 2009 the title of that day's blog was "General Motors to Invest $1 Billion in Brazil Operations -- Money to Come from U.S. Rescue Program."

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