General Motors will boost exports to China

[1931Chevy]

http://www.detroitnews.com/apps/pbcs...47/1148/AUTO01General Motors Corp. will export $700 million in automotive components and fully-assembled Cadillacs from North America to its joint venture in China, Shanghai General Motors, Bloomberg News reported today.
GM has exported about $3.5 billion in vehicles, components and machinery to China over the past 10 years, the Detroit-based automaker said in a statement on its Web site.
China has become a focal point for GM as its U.S. sales continue to slide. GM's sales in China rose 25 percent in the first quarter to 289,915 vehicles. The automaker plans to almost double production in China to 1.7 million vehicles over the next three years, Bloomberg said

[steverino]

How about some nice imports from China, like the Buick Park Ave

[87aero]

Originally Posted by steverino

How about some nice imports from China, like the Buick Park Ave

lol, ya but at least one company in the US is doing it's part too offset this huge trade deficit with China.

[redimpss5]

This is great news!! Smart people with money are buying the best made cars in the world!!

[asim]

Originally Posted by 87aero

lol, ya but at least one company in the US is doing it's part too offset this huge trade deficit with China.

I was JUST about to say that! lol. Great minds think alike, and also stupid minds think alike.

This exporting of a few cars isn't going to affect the trade deficit that much, but some is still better than nothing. All those cheap Wal-mart goods really screw the equilibrium over.

[1931Chevy]

Atleast this means that GM its able to keep production running in 1 plant with the exports