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Re: GM Ties Up With Malaysian Firm to Produce Chevrolet Cars for Southeast Asia
IMO, the most important thing about these deals, is that GM is pursuing low cost manufacturing bases OUTSIDE CHINA. If they were putting all their eggs in the 'China basket,' I'd be more concerned. Of course, relative to manufacturing capacity, maybe most of their eggs are still going into China? However, it is good that they are continuing to explore other low cost options in Asia. I think if anything this will help stabilize Chinese stances in the long run (not that they are currently unstable for auto manufacturing, but they could tend toward more turmoil as some 'independent' Chinese autos mature).
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