The new GM-

[Raven]

maybe now we can get some better Russian vodka cheaper....

[i had to put glasses on to read larry's post ]

for he is NOW ...........

Where is the company helping you convert your car to electric?

[Backbeach Jake]

I've said it before and I'll say it again, we need a revolution. The reason that this country is in the crapper is that the good manufacturing jobs have been sent overseas. Without those jobs, the domestic manufacturers have no customers. Making anything with cheap labor is pointless if in the process you kill off your customers. The elimanation of tariffs to protect domestic jobs was just grease on an already slippery slope.
Now we're forced to buy stock in a company that's stuck to the bottom. And they call it success.....

[justplugit]

Right on Fred, right on.

[OLD GOAT]

Could the answer be as simple as not sending in any tax money for them to play with?????

[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

[justplugit]

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

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.

[spence]

Originally Posted by justplugit

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.

What percentage of GM parts do you think were made in the US before this announcement? I believe a lot of them came from Canada and China.

I guess to say the argument is valid, you'd really have to know the net job loss this agreement might cause, or if there even really is one...

And who cares if profits are split with a holder in Russia? Hell, we already give much of our wealth to China and Saudia Arabia!

-spence