Posted on 10/26/2012 11:30:32 AM PDT by Nachum
General Motors (GM) will invest 450m dollars to manufacture a new global Chevy vehicle at its Rosario Automotive Complex in Argentina. The investment will be made between 2013 and 2015 at the Rosario facility, which produced more than 136,000 vehicles in 2011. The announcement was made following a meeting at Government House of GM CEO Dan Akerson with President Cristina Fernandez. Under the code name Project Phoenix, GM will manufacture a global platform car exclusive for Mercosur and the region.
(Excerpt) Read more at en.mercopress.com ...
Your bailout funds at work.
One Peronist Socialist propping-up another...
The list, Ping
Let me know if you would like to be on or off the ping list
The list, Ping
Let me know if you would like to be on or off the ping list
And the union sheep in Ohio and Michigan will be voting for Obama and then bleating for more taxpayer bailout money as Government Motors builds cars in Argentina to help their Leftist government. Can you say “stupid”? I knew you could.
” And the union sheep in Ohio and Michigan will be voting for Obama and then bleating for more taxpayer bailout money as Government Motors builds cars in Argentina”
AND China.......anywhere but here.
And the union sheep in Ohio and Michigan will be voting for Obama and then bleating for more taxpayer bailout money as Government Motors builds cars in Argentina to help their Leftist government. Can you say “stupid”? I knew you could.
Not to mention China and GM and the video that cadilac help finance about the great chair-man Mao
This proves how right Romney was. A proper bankruptcy would have enabled the auto companies to reemerge as sustainable, globally competitive operations. As it is, it makes perfect sense to move production as far away from the stranglehold of American auto unions as possible.
Investing in Argentina right now is stupid
In a related development, Argentinian President Cristina Kirchner announced the nationalization of the Rosario Automotive Complex...
Well GM don’t feel any loyalty to the U.S. Invest in other nations. It’s clear where your future is, and it isn’t here.
GM and China are now a married couple. This will astound most who view the video.
I don’t know the original production source but there’s no question about the words spoken by the GM official.
http://www.youtube.com/watch_popup?v=Lvl5Gan69Wo
Ryan takes up issue of autoworker pensions in Ohio
By Alana Semuels
7:35 a.m. CDT, October 28, 2012
SABINA, Ohio — Auto workers might be a tough demographic for the Romney-Ryan campaign to court — many benefited from the industry bailout and have praised President Obama and his administration for their actions during the economic slowdown.
But Paul D. Ryan tried to change that Saturday on the final leg of his five-stop bus tour through Ohio, meeting with retired salaried workers of onetime GM supplier Delphi Corp. and telling a group of Ohioans in a high school gym how those workers illuminated the flaws of the Obama administration.
“You see, the president likes to go around Ohio talking about how he saved the auto industry, how the auto bailout was such a success,” Ryan said. “He hasn’t talked to these Ohio Delphi salaried employees. Because this is one of those examples of the government picking winners and losers.”
Delphi salaried employees allege that the government unfairly turned over their pensions to the Pension Benefit Guaranty Corp., which will not give workers the pensions they thought they’d be receiving, while union workers for Delphi were able to keep their pensions. About 20,000 salaried workers lost their pensions, including some from Ryan’s Wisconsin district.
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