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General Motors announces $1 billion plan to build more vehicles in Brazil (Jobs...in Brazil)
Mlive ^ | 07/16/09 | Aaron Foley

Posted on 07/29/2009 2:59:10 PM PDT by AKSurprise

General Motors is spending more money where it counts: Latin America.

The Latin American market has been generous to the struggling automaker despite struggles at home. Today, GM announced a $1 billion plan to expand its vehicle lineup in Brazil.

"We believe the Brazilian market will be very strong, will continue to grow at a rate of at least 5 percent a year and we also believe in the prospects for exports of the new models," Jaime Ardila, GM's chief executive for Brazil and the Mercosur region of South America, said in a statement.

Ardila added that GM showed record profits in Brazil in 2008 despite an global economic slowdown.

Reuters reports that GM will build two new compact models and expand operations at its Gravitai factory in the southern state of Rio Grande do Sul. The two new compacts could also be exported to African countries and other places, boosting GM's presence elsewhere.

The $1 billion investment is part of a larger spending plan across Brazil, Argentina, Uruguay and Paraguay that began in 2007.


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: agenda; automakers; bailout; bho44; bohica; brazil; cheaplabor; democrats; generalmotors; gm; lping; manufacturing; obama; outsourcing; toobigtofail; unemployment
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I think we found all those jobs Barack has been saving or creating!
1 posted on 07/29/2009 2:59:10 PM PDT by AKSurprise
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To: AKSurprise

This isn’t going to be well received.


2 posted on 07/29/2009 3:00:54 PM PDT by unkus
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To: AKSurprise

Gubmint Motors outsourcing jobs? Whoda thunkit?


3 posted on 07/29/2009 3:01:28 PM PDT by conservativemusician (Arm yourself.)
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To: AKSurprise

More ‘shovel ready’ jobs. Not here however.


4 posted on 07/29/2009 3:01:50 PM PDT by duckman (Jesus I trust in You. Mary take over)
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To: AKSurprise

Oh man, this is easy......Obummers fault!!


5 posted on 07/29/2009 3:02:14 PM PDT by Las Vegas Ron (Move over NetZero - Obama's in the house!)
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To: AKSurprise

More global wealth redistribution.


6 posted on 07/29/2009 3:02:26 PM PDT by JPJones (Who is Jim Thompson?)
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To: JPJones

And to the right-hued people!


7 posted on 07/29/2009 3:03:10 PM PDT by Trod Upon (Obama: Making the Carter malaise look good. Misery Index in 3...2...1)
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To: AKSurprise

Obama did not specify it would be American jobs he’d save.


8 posted on 07/29/2009 3:04:45 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: AKSurprise

They have to invest in countries whose politicians understand the importance of economic growth. The USA has now chosen Western Europe’s path to irrelevance: keep everybody “safe” from everything, at a huge price.


9 posted on 07/29/2009 3:05:19 PM PDT by Mr. Jeeves ("If you cannot pick it up and run with it, you don't really own it." -- Robert Heinlein)
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To: AKSurprise

Are they union jobs?


10 posted on 07/29/2009 3:05:25 PM PDT by razorback-bert (We used to call them astronomical numbers. Now we should call them economical numbers.)
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To: Mr. Jeeves

It’s still a socialist country, it’s just that the wealth is being redistributed there instead of here.


11 posted on 07/29/2009 3:06:16 PM PDT by AKSurprise ("All that is necessary for the triumph of evil is that good men do nothing." - Edmund Burke)
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To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
"We believe the Brazilian market will be very strong, will continue to grow at a rate of at least 5 percent a year and we also believe in the prospects for exports of the new models," Jaime Ardila, GM's chief executive for Brazil and the Mercosur region of South America, said in a statement.
Well, the economic growth prospects look good in Brazil, not least because their president is only socialist-leaning, y'know, compared with the US president.
12 posted on 07/29/2009 3:09:21 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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To: AKSurprise

Did I miss the announcement that Brazil paid the USA part of the bailout of GM?


13 posted on 07/29/2009 3:13:37 PM PDT by Arizona Carolyn
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To: AKSurprise

What is Brazil’s unemployment rate compared to the 17%(?) in Detroit?


14 posted on 07/29/2009 3:26:40 PM PDT by SERKIT ("Blazing Saddles" explains it all.....)
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To: AKSurprise
According to this thread GM can't build cars for the Brazilian and Mercosur market in Brazil?

After China and India,Brazil is the largest emerging market for cars.

I guess Toyota,Nissan,Honda,Mercedez,BMW et al should not build cars in the USA?

Is Obama or the posters here the Economic Nationalist e.g. Fascist?

15 posted on 07/29/2009 3:36:51 PM PDT by Reaganez
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To: AKSurprise

I’ll bet Obama is trying to figure out a way to move the plant to Venezuela.


16 posted on 07/29/2009 3:39:02 PM PDT by ResponseAbility (Government tends to never fix the problems it creates in the first place)
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To: AKSurprise

One can actually hear crickets from the White House on this matter......


17 posted on 07/29/2009 3:39:25 PM PDT by cranked
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To: AKSurprise

How big is the UAW in Brazil?


18 posted on 07/29/2009 3:39:59 PM PDT by Let's Roll (Stop paying ACORN to destroy America! Cut off their government funding!)
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To: AKSurprise

Change you can believe in Michigan!


19 posted on 07/29/2009 3:49:03 PM PDT by Sprite518
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To: AKSurprise

Maybe this is the way to get illegals to leave the country. Work available in Brazil.


20 posted on 07/29/2009 3:52:30 PM PDT by taxesareforever (Quick justice for the senseless killing of Marine Lance Cpl. Robert Crutchfield.)
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To: Reaganez
I guess Toyota,Nissan,Honda,Mercedez,BMW et al should not build cars in the USA?

What does that have to do with GM building cars in Brazil?

21 posted on 07/29/2009 3:58:12 PM PDT by Krodg
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To: Reaganez
I think folks're just finding it ironic that GM will be creating jobs in Brazil rather that here at home.

Also, instead of building the cars there, they could export them from here. But I'm guessing labor's a bit cheaper down south.

22 posted on 07/29/2009 3:58:35 PM PDT by the anti-liberal
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To: AKSurprise
Obama expects GM, Chrysler to repay loans

Ok...I think I'm getting a handle on this now, possibly even understand it now.

....Government Motors is outsourcing jobs to Brazil. And with the profits they make in Brazil, with non-American, non-union labor,...they will repay their bailout loans.
Snazzy!!!

23 posted on 07/29/2009 4:02:25 PM PDT by Stand Watch Listen
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To: AKSurprise

Thanks Obama, for those American jobs that you are sending abroad. This is almost an impeachable offense, just due to the hypocrisy of his rhetorical bullspit!

This should be plastered from sea to shining sea, and Obama questioned heartily about it.


24 posted on 07/29/2009 4:02:59 PM PDT by Titus-Maximus (Light from Light)
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To: AKSurprise
Obama expects GM, Chrysler to repay loans

Ok...I think I'm getting a handle on this now, possibly even understand it now.

....Government Motors is outsourcing jobs to Brazil. And with the profits they make in Brazil, with non-American, non-union labor,...they will repay their bailout loans.
Snazzy!!!

25 posted on 07/29/2009 4:03:24 PM PDT by Stand Watch Listen
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To: AKSurprise

Well Zero didn’t lie, they are American jobs - SOUTH American jobs! /sarc


26 posted on 07/29/2009 4:11:07 PM PDT by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: anymouse

Exactly, we(actually the O’tard) gave them our money and they took it and ran south.


27 posted on 07/29/2009 4:34:00 PM PDT by norraad ("What light!">Blues Brothers)
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To: unkus
"This isn’t going to be well received."

Which is exactly why this story is found on something called www.mlive.com, and not on CNN.com, or CBSNews.com. The media still refuses to report things that will give Barry grief, which makes his decline in the polls all the more fascinating.

28 posted on 07/29/2009 5:10:14 PM PDT by OldDeckHand (No Socialized Medicine, No Way, No How, No Time)
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To: OldDeckHand

The media still refuses to report things that will give Barry grief, which makes his decline in the polls all the more fascinating.

__________________________________

Right. In spite of the State Controlled Media covering for him, he’s in trouble. Now they will probably go all out to impose the Unfairness Doctrine.


29 posted on 07/29/2009 5:14:20 PM PDT by unkus
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To: cripplecreek; Willie Green; AuntB; bamahead

We bailed them out so that they could do this?


30 posted on 07/29/2009 5:15:28 PM PDT by Clintonfatigued (Liberal sacred cows make great hamburger)
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To: Clintonfatigued

I can’t understand why more people aren’t ballistic about this slap in the face!


31 posted on 07/29/2009 5:31:48 PM PDT by norraad ("What light!">Blues Brothers)
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To: conservativemusician

That is the only way they can make a profit. The UAW is killing that company.


32 posted on 07/29/2009 5:32:38 PM PDT by Roklok
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To: AKSurprise
Actually, this is what GM should have done BEFORE accepting the Obama Crack Dealtm...declare bankruptcy, move the bulk of their manufacturing to Brazil, and get out from under the unions.
33 posted on 07/29/2009 5:35:42 PM PDT by Windcatcher (Obama is a COMMUNIST and the MSM is his armband-wearing propaganda arm.)
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To: Clintonfatigued; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; ...
Your bailout tax dollars, being used to stimulate Brazil.



Libertarian ping! Click here to get added or here to be removed or post a message here!
(View past Libertarian pings here)
34 posted on 07/29/2009 5:44:52 PM PDT by bamahead (Avoid self-righteousness like the devil- nothing is so self-blinding. -- B.H. Liddell Hart)
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To: AKSurprise

It’s probably possible to build simple and inexpensive cars in Brazil...


35 posted on 07/29/2009 5:47:04 PM PDT by wendy1946
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To: wendy1946

I’ll never buy another GM car again. Why should I, either the union or obami’s friends get the money. Screw them. A lot of cars are made in the US and by non UAW members!


36 posted on 07/29/2009 5:49:38 PM PDT by bfree (Obamie the Commie-- FBO)
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To: ExTexasRedhead

Appalling, isn’t it?


37 posted on 07/29/2009 5:52:26 PM PDT by Clintonfatigued (Liberal sacred cows make great hamburger)
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To: pissant

Obama did not specify it would be American jobs he’d save

In his bid to be king of the world he is just taking care of some future subjects. Besides, the South Americans will come in handy if the US’rs revolt.


38 posted on 07/29/2009 5:59:35 PM PDT by Chickensoup ("Patriotism is supporting your country all the time, and your government when it deserves it.")
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To: wendy1946
It’s probably possible to build simple and inexpensive cars in Brazil...

LOL!

Yeah. Here comes a GM redux of the Geo Metro. Echoing shell of a body, an interior with all the amenities of a prison cell, and horsepower that would almost enable a Radio Flyer to merge in School Zone traffic.

Comes in four colors: "Wannabe a Commie Red," "Former UAW Job Blue," "Used to be YOUR Money Green," and "Obama Likes Orange." [Actually it's Michelle that likes the orange, but -- you married folks know how that goes.]

All you Yugo and Festiva pilots had better look out!

39 posted on 07/29/2009 6:13:21 PM PDT by HKMk23 (In the end, life contains only one tragedy: not to have been a saint.)
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To: wendy1946

It’s probably possible to build simple and inexpensive cars in Brazil...// ...................... Inexpensive, yes quality wise probably not that good. I don’t think I’d trust the metal they use. For a throw away vehicle, its probably OK, if the price is way low.


40 posted on 07/29/2009 6:24:54 PM PDT by Bringbackthedraft (TR started the Bull Moose Party, maybe Palin can start the Moose Cow Party?)
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To: Clintonfatigued

“We bailed them out so that they could do this?”

Yep! They’re just following their usual globalist agenda with their bought and paid for politicians. They’ve proved what suckers we are for allowing this to go on for too many years, so why not??

Keep electing those Rino’s ya’ll!

I did hear on the news that Obama is going to have a ‘Bud light’ with his race baiting professor and the poor cop.
I wonder if that is part of his deal with McCain, since Cindy is a Budweiser distributor.


41 posted on 07/29/2009 6:27:03 PM PDT by AuntB (Tired of Left/right coast globalist party power brokers? How 'bout THE HEARTLAND AMERICA PARTY??)
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To: unkus

“This isn’t going to be well received.”

Who is going to know? CBS sure isn’t going to cover it.


42 posted on 07/29/2009 6:29:58 PM PDT by AuntB (Tired of Left/right coast globalist party power brokers? How 'bout THE HEARTLAND AMERICA PARTY??)
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To: AKSurprise; grellis

Well at least GM knows where they will make money, invest there, not in the ****hole in Michigan.


43 posted on 07/29/2009 6:41:46 PM PDT by Springman (Rest In Peace YaYa123)
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To: AuntB

Who is going to know? CBS sure isn’t going to cover it.
________________________________

We know, don’t we. We must keep spreading the word.


44 posted on 07/29/2009 8:21:54 PM PDT by unkus
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To: AKSurprise

zero is doing a fine job, just not for the people of the usa


45 posted on 07/29/2009 8:22:30 PM PDT by Munz (All tyranny needs to gain a foothold is for people of good conscience to remain silent.)
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To: bamahead

If we are going to “stimulate” Brazilians, can we pick which ones? Preferably a few gracing the beaches of Rio de Janeiro. ;)

I would post pictures, but not sure the mods would approve. :)


46 posted on 07/29/2009 8:27:44 PM PDT by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: anymouse
Go ahead, I would like to see what the car will look like ... ;^)
47 posted on 07/29/2009 8:28:46 PM PDT by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
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To: AKSurprise

The sooner GM makes more money, the sooner they pay back the taxpayers. Why does it really matter where they get it? Thought everyone on FR was against the UAW.


48 posted on 07/29/2009 8:30:52 PM PDT by madison10
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To: MHGinTN

Well it wouldn't look like this. ;)

49 posted on 07/29/2009 8:34:46 PM PDT by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: conservativemusician; unkus; AKSurprise

Let’s get real.. This is not outsourcing of jobs, these are cars going to be manufactured in Brazil to be sold IN Brazil. Brazil has a national mandate to use corn-based ethanol for some % of fuel, so I’m guessing the engines have to be built accordingly.


50 posted on 07/30/2009 3:39:36 AM PDT by Cronos (Ceterum censeo, Mecca et Medina delendae sunt + Jindal 2K12)
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