The new GM-

[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

[Raven]

ask a mexican company to build an electric car

and its a no brainer...they can trick anything out

it's in their blood as much a stone masonry

but, no can do

there's a war going on down there

[justplugit]

Originally Posted by Raven

and its a no brainer...they can trick anything out

Ya Rav, how do they get those 60s oldies to jump like that.

[Joe]

If at the end of the day there is still an auto industry in this country, then it was worth much more than we gave them.
Mexico is a failed narcostate. They can't even get Tamiflu distributed to people who don't live in urban centers.

[justplugit]

Originally Posted by spence

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

I couldn't tell you the %. As i mentioned GM was using windshields made in Brazil 20 years ago, so this is nothing new.

The report i heard on the news was a loss of 1200 jobs.
Not a lot,I guess, by today's job losses, unless of course you are one of the 1200.

Ya you are right, we already give China and Saudi Arabia much of our wealth,
are you saying we should give the rest of it away too, or split it amongst ourselves and pay down our debt

Americans need to take care of Americans first, and make it easier to keep jobs here by having less regulation and taxes.