<_< uh-huuh.... and what happened to China??? GM better head of Toyota at the pass before Toyota gets a strangle hold in China.
GM To Invest $240 Million In Brazil
SAO PAULO -(Dow Jones)- General Motors Corp. (NYSE:GM - News) plans to invest $240 million in a plant in Brazil, creating 1,500 jobs.
The U.S. giant said Tuesday it would use the factory, to build and export a car starting 2006. The model isn't yet known.
The carmaker wants to increase the plant's production to 210,000 vehicles a year, up from its current level of 120,000.
The factory is based in the southern state of Rio Grande do Sul and already employs 2,500 people.
Source Yahoo
The U.S. giant said Tuesday it would use the factory, to build and export a car starting 2006. The model isn't yet known.
The carmaker wants to increase the plant's production to 210,000 vehicles a year, up from its current level of 120,000.
The factory is based in the southern state of Rio Grande do Sul and already employs 2,500 people.
Source Yahoo
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That's all good and everything, yet I don't understand why they can't build another plant in the US. Instead of "outsourcing" 1,500 jobs to another country. Bad move.
3 letters for ya.... U A W.Originally posted by ronus20@Jan 28 2004, 01:04 AM
That's all good and everything, yet I don't understand why they can't build another plant in the US. Instead of "outsourcing" 1,500 jobs to another country. Bad move.
GM just can't make cars at a competitive cost with the union over their backs.
Why are GM and Ford building more in BRAZIL???
Is it because the workers will be happy to have lots of sex on the beaches of RIO???
LOL
Is it because the workers will be happy to have lots of sex on the beaches of RIO???
LOL
1 - 5 of 5 Posts
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