Joined
·
9,172 Posts
Link: www.wsj.com (Subscription Required)
Article quotes:
DETROIT -- Last year's landmark labor deals and the weak dollar are breathing new life into U.S. auto plants, leading Detroit's auto makers to plan sizable exports of U.S.-made vehicles to markets around the world.
General Motors Corp. is looking to export U.S.-made vehicles to Europe as well as to China and Latin American markets such as Brazil, company executives confirmed. Chrysler LLC, primarily spurred by exchange rates, has already started shifting production from Europe to the U.S. to take advantage of lower costs and available plant capacity. Ford Motor Co. is considering ramping up exports.
Later this year, GM will begin shipping the Buick Enclave to China where the Buick brand is a big seller. GM hopes eventually to export as many as 25,000 Enclaves a year to China, said Dee Allen, a GM spokesman.
GM is also making plans to sell the Chevrolet Malibu, a sedan made in Kansas and Michigan and possibly other U.S. made passenger cars in Brazil and other Latin American markets.
The company also has told UAW officials that it is seriously considering building a future small car in Lordstown, Ohio that would be exported to markets outside North America, people familiar with the matter said.
It would be one of five new vehicles to be produced there near the turn of the decade one of those people said. The 42 year old Lordstown assembly plant had been considered a candidate for closure due to high UAW labor costs.
This front page WSJ article continues at link.
Article quotes:
DETROIT -- Last year's landmark labor deals and the weak dollar are breathing new life into U.S. auto plants, leading Detroit's auto makers to plan sizable exports of U.S.-made vehicles to markets around the world.
General Motors Corp. is looking to export U.S.-made vehicles to Europe as well as to China and Latin American markets such as Brazil, company executives confirmed. Chrysler LLC, primarily spurred by exchange rates, has already started shifting production from Europe to the U.S. to take advantage of lower costs and available plant capacity. Ford Motor Co. is considering ramping up exports.
Later this year, GM will begin shipping the Buick Enclave to China where the Buick brand is a big seller. GM hopes eventually to export as many as 25,000 Enclaves a year to China, said Dee Allen, a GM spokesman.
GM is also making plans to sell the Chevrolet Malibu, a sedan made in Kansas and Michigan and possibly other U.S. made passenger cars in Brazil and other Latin American markets.
The company also has told UAW officials that it is seriously considering building a future small car in Lordstown, Ohio that would be exported to markets outside North America, people familiar with the matter said.
It would be one of five new vehicles to be produced there near the turn of the decade one of those people said. The 42 year old Lordstown assembly plant had been considered a candidate for closure due to high UAW labor costs.
This front page WSJ article continues at link.
