Quote:
Originally Posted by spence
I don't know if this argument is really even relative any more, the auto industry is one gigantic global supply chain. There's no such thing as an American car any more.
Magna is a Canadian company by the way.
If you want to buy a car with mostly US parts and assembled in the US - - - get a Toyota.
-spence
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The argument is still valid in that the workers who made GM parts for the old GM in the US will be out of work.
Magna is a Canadian company with a Russian holding of 35% by Sherbank owned by The Bank of Russia.
You are right Spence, there is no such thing as an American car anymore.
I can remember going back 20 years when the windshields for GM cars were made in Brazil.