I cant believe this,GM is now China

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ampmike
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I cant believe this,GM is now China

Post by ampmike »

Now That GM is Removing Camaro Production From
Oshawa Have you thought of Buying a GM Car Lately?

This will make you sick

Why haven't we heard this on the nightly news???

http://www.youtube.com/watch_popup?v=Lvl5Gan69Wo <http://www.youtube.com/watch_popup?v=Lvl5Gan69Wo>
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gktamps
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Re: I cant believe this,GM is now China

Post by gktamps »

Yes, lots of articles online can be found by Googling "Chinese ownership GM" or similar. Here's a WSJ piece:
http://online.wsj.com/news/articles/SB1 ... 0951791750
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cbass
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Re: I cant believe this,GM is now China

Post by cbass »

So what are we gonna do about it?
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M Fowler
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Re: I cant believe this,GM is now China

Post by M Fowler »

China has been buying up U.S. land, steel mills, copper and other metals.

Wood harvested by Japan and the list goes on.
John_P_WI
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Re: I cant believe this,GM is now China

Post by John_P_WI »

M Fowler wrote:China has been buying up U.S. land, steel mills, copper and other metals.

Wood harvested by Japan and the list goes on.
Yes indeed, China has an interest in moving this way:

http://www.nydailynews.com/news/nationa ... -1.1538186
Firestorm
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Re: I cant believe this,GM is now China

Post by Firestorm »

Every generation, we have new "investors" in U.S. assets: 30 years ago it was the Japanese and especially the British; now it's the Chinese. GM's deal with SAIC goes back to the '90s, so it isn't exactly news. And the largest automotive market in the world is now China, so it shouldn't surprise anyone that the industry is active there. What scares me is that the Chinese are awfully good at this. We, on the other hand, can't seem to find our ass with both hands.
Teleguy61
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Re: I cant believe this,GM is now China

Post by Teleguy61 »

Firestorm wrote:Every generation, we have new "investors" in U.S. assets: 30 years ago it was the Japanese and especially the British; now it's the Chinese. GM's deal with SAIC goes back to the '90s, so it isn't exactly news. And the largest automotive market in the world is now China, so it shouldn't surprise anyone that the industry is active there. What scares me is that the Chinese are awfully good at this. We, on the other hand, can't seem to find our ass with both hands.
You are right on the money.
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rp
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Re: I cant believe this,GM is now China

Post by rp »

Firestorm wrote:Every generation, we have new "investors" in U.S. assets: 30 years ago it was the Japanese and especially the British; now it's the Chinese. GM's deal with SAIC goes back to the '90s, so it isn't exactly news. And the largest automotive market in the world is now China, so it shouldn't surprise anyone that the industry is active there. What scares me is that the Chinese are awfully good at this. We, on the other hand, can't seem to find our ass with both hands.
(Most of) the American 99% can find their asses, actually so can the American 1%, problem is the 1% moved their asses (assets) to China. I was just looking at this :cry:

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Zippy
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Re: I cant believe this,GM is now China

Post by Zippy »

I wonder whether they intend to export those cars to the U.S. or if it is intended to feed the need for "American" cars for the growing middle class in China that want to affect the "American" lifestyle.

I heard a report some months ago, that the fad was to buy a big black Buick and part it in the driveway (regardless of whether you had room in the garage) so you could show off to the neighbors.
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Reeltarded
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Re: I cant believe this,GM is now China

Post by Reeltarded »

They still owe us money, lots. There is no money here. Let them go make money so they can sell us the stuff that is already made in China (btw) and afford to pay back the not a bailout.

Yeah. You love your government. Nothing but genius.
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rp
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Re: I cant believe this,GM is now China

Post by rp »

Zippy wrote:I wonder whether they intend to export those cars to the U.S. or if it is intended to feed the need for "American" cars for the growing middle class in China that want to affect the "American" lifestyle.

I heard a report some months ago, that the fad was to buy a big black Buick and part it in the driveway (regardless of whether you had room in the garage) so you could show off to the neighbors.
I thought GM was going to kill the division till it somehow went fad in China. Can you presently buy a Buick in the USA? Are there still Buick dealers? If so can you get the red silk and black lacquer interior option? :lol:
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Reeltarded
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Re: I cant believe this,GM is now China

Post by Reeltarded »

they only come in RED white and blue, but lots of RED.
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Re: I cant believe this,GM is now China

Post by HeeBGB »

Firestorm wrote:Every generation, we have new "investors" in U.S. assets: 30 years ago it was the Japanese and especially the British; now it's the Chinese. GM's deal with SAIC goes back to the '90s, so it isn't exactly news. And the largest automotive market in the world is now China, so it shouldn't surprise anyone that the industry is active there. What scares me is that the Chinese are awfully good at this. We, on the other hand, can't seem to find our ass with both hands.
I disagree with this statement wholeheartedly. We know exactly where our asses are....that is where our heads currently reside!
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Reeltarded
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Re: I cant believe this,GM is now China

Post by Reeltarded »

haha i'm so dumb my head is in a hole in the ground
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ampmike
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Bailout

Post by ampmike »

The scary thing is the 80 BILLION we paid to bail out the auto industry,Does this employ US workers??Do the auto Co. have to pay back the billions with interest???So many people without jobs here.Mikey :shock: :shock:
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